Osborne held a series of telephone conversations with his counterparts ahead of a meeting in Brussels in Tuesday to underline Britain’s opposition to participating in a bailout, the Financial Times and other media reported.
Berenberg bank economist Holger Schmieding said a temporary euro zone exit for Greece would effectively be a “Grexit” as Athens would have to qualify again to rejoin the currency union and likely face an extremely stern examination in doing so.
The government’s proposal secured an overwhelming 251 votes in Greece’s 300-seat chamber Saturday, even without the backing more than a dozen lawmakers from Tsipras’s Coalition of the Radical Left, or Syriza, party.
The worldwide Monetary Fund (IMF) said on Monday that Greece missed a new repayment worth of about 456 million euros to it by the day after the country failed to make a 1.5 billion-euro repayment due on June 30.
The Match Group, part of billionaire Barry Diller’s IAC/InterActive Corp., said it would buy online dating website PlentyOfFish in a deal valued at $575-million (U.S.), ahead of an IPO expected by the end of the year.
The sale was disclosed in a filing with the SEC, which can be accessed through this link. Specifically, while the Nasdaq Composite Index is up 4% year-to-date, shares of Intel have crumbled over 19%. The 1 year high for the share price is 37.9 United States dollars while the year...
Al Jazeera’s John Psaropoulos, reporting from Athens, said that the Greek government would have to take tough measures to meet the requirements of the deal, but Tsipras would “put the best possible spin on all of this”. The money for those sales will go into a...
The Europeans insisted on the Greek Parliament voting for these tough measures as they say Greece suffers from a huge “trust deficit” and that they need some assurance that the Greeks are honest about implementation.
Ryanair’s own attempts to acquire Aer Lingus were blocked by European regulators and it has since been fighting a United Kingdom competition ruling under which it would have to sell its stake down to below 5%.