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Greek Prime Minister says Reforms Not Accepted by Creditors

July 6, 2023
in Trade Tube
Reading Time: 2 mins read
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A Greek official told reporters that the government’s proposed measures had not been accepted by its international creditors. The official had briefed reporters that Prime Minister Alexis Tsipras had told colleagues the proposals presented earlier in the week had not been approved.A meeting of the Eurogroup of euro zone finance ministers to discuss the revised crisis plan is due to start Wednesday evening. Yahoo (YHOO) CEO Marissa Mayer plans to address investors Wednesday morning, opting for the company’s shareholder meeting instead of the Cannes technology advertising conference she’s attended in the past. Besides the perennial Yahoo questions – what will the company will do with all that Alibaba cash – investors will also vote upon two shareholder proposals. One proposal, will call for the board to direct the Yahoo’s Governance Committee to create a “standing committee to oversee the Company’s responses to domestic and international developments in human rights that affect our company,” according to the proxy statement. The second proposal,requests the board of directors accept the shareholders “right to act by written consent.”Boeing (BA)said Chief Executive Jim McNerney will step aside next week after a tumultuous decade at the aerospace giant and hand over the top job to one of his lieutenants. His successor, Dennis Muilenburg, said Tuesday that Boeing’s strategy was unchanged as it headed into its second century. Tackling the challenge of delivering a half-trillion order backlog, sharply reducing 787 Dreamliner costs and adjusting its defense and space business to rapidly changing domestic and international spending are the main challenges as he prepares to take over after the 10-year tenure of Mr. McNerney.

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