Sentences with phrase «euro bailout program»

This political issue refers to the ending of the 86 billion euro bailout program in the summer.

Not exact matches

Its European creditors decided on Wednesday to suspend the implementation of short - term debt relief measures after the Greek government announced additional spending on pensions - an action that European partners deemed as «unilateral» and disrespecting the efforts agreed under the country's 86 billion euro ($ 89.75 billion) bailout program.

Greece is currently on a third bailout program worth 86 billion euros ($ 92 billion).

Many here view the program as tantamount to a taxpayer - funded bailout of nations that should never have been let into the euro club to begin with.

U.S. stock index futures were higher on Friday after a note prepared for the Eurogroup said the euro zone could help Greece repay maturing debt if the current bailout program is extended to November.

After a contentious period of negotiations, the odds of a so - called «Grexit,» or Greek exit from the euro, were drastically reduced as Greece begrudgingly accepted an austerity program and Germany gave the European Stability Mechanism the green light to negotiate a third bailout.