Greece

Mohegan Gaming-led consortium reportedly files bid for license to build & operate Athens casino

Mohegan Gaming-led consortium reportedly files bid for license to build & operate Athens casino

Native American tribal casino operator Mohegan Gaming & Entertainment (MGE) is reportedly leading a consortium in making a multi-million bid for a license to build and operate a luxury casino resort in Athens.

Finance Minister of Greece Says Third Bailout Deal will take the Country Forward

Finance Minister of Greece Says Third Bailout Deal will take the Country Forward

On Friday, Euclid Tsakalotos the Greek Finance Minister said that the best way to keep Greece out of financial troubles and to take it forward is a bailout deal which is under consideration and discussion with the international creditors. He said that the bailout deal will take the country forward by creating a stable financial system that will not harm the bank depositors.

Greece is Close to the Agreement for a Bailout Deal with just Two or Three Details to be Fixed

Greece is Close to the Agreement for a Bailout Deal with just Two or Three Details to be FixedEuclid Tsakalotos the Finance Minister of Greece said that the financially troubled nation was very close to securing a new bailout agreement. According to him it could be likely reached within the day.

Former Greek Finance Minister Varoufakis says Reforms in Greece “going to fail”

Former Greek Finance Minister Varoufakis says Reforms in Greece “going to fail”On Friday, the German parliament approved to start negotiation talks with Greek for a bail out against austerity measures. However, on Wednesday further reforms await and Greece must pass those to go in for a secure the bailout. The bailout may total up to _86billon in exchange of austerity measures.

Finance Ministers of Euro Zone Reschedule Greece Meeting to 1530 GMT on Wednesday

//topnews.net.nz/data/Eurogroup.gifThe Eurogroup's conference call held by the finance ministers of the Euro zone to discuss matters related to Greece have been delayed by six hours and will be held on Wednesday at 1530 GMT. The alteration in timings was made due to requests coming from several ministers said a spokesman of the group.

Greece Debt Repayment Worries Weighs on the US Indexes

Greece Debt Repayment Worries Weighs on the US IndexesOn Thursday, the US stocks dropped to some extent after a continued sell-off in China and also worries fuelled by Greece's debt-payment deadline of June 5. The uncertainty among the investors was high and the steep drop in Chinese shares also played added to the calmness as the brokers stiffened the margin rules.

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