Greece

Greece’s startup financial firm "Viva Wallet," a neo-bank, has raised $80 million to expand its footprint as well as the services it offers.

Greece's Public Debt Management Organization issued an announcement on Monday notifying the Athens Stock Exchange that the country will soon be ready to launch a new seven-year bond. For this reason, the new leadership of the Finance ministry has already...

Greece’s public debt reached €334.988 billion in the third quarter of 2018, an increase of €21.493 billion over that of the same quarter in 2017, the Greek National Statistical Authority (ELSTAT) said on Monday. The Greek statistical authority noted that...

Due to its high public debt, it is doubtful whether Greece will make it on its own in the long run without new financial support, a report by Frankfurter Allgemeine Zeitung says. This report comes after a comment made by...

The Greek theatrical and cultural treasure that was established as a museum in 1938, is not open anymore and is facing a permanent closure. Among the museum’s collection, here you will find historic archives from the press dating back to...

Greece's central government debt reached €345.3 billion at the end of June, up from €343.7 billion three months earlier, according to data published by the General Accounting Office on Friday. The state's cash reserves stood at €13.08 billion, up from...

Former Greek finance minister and one-time ally of Prime Minister Alexis Tsipras, Yanis Varoufakis, has claimed Greece's "bankruptcy" has been extended by five more decades. Varoufakis, now a founder of the DiEM25 movement, tweeted in aftermath of the Greek debt-relief...

Greece's prime minister, Alexis Tsipras, celebrated the conclusion of a deal with Eurozone ministers on debt relief by addressing his cabinet officials wearing a necktie in public for the first time. In an event broadcast live on Greek public TV, Tsipras...

Amid the hype over Greece's debt-relief deal struck with the Eurogroup on Thursday, dissenting voices have emerged, critical of the agreement which is said to chart Greece's exit from its international bailout. At home, Greece's main opposition party, New Democracy,...

Eurozone ministers agreed debt relief and a big cash payout for Greece in the early hours of Friday paving the way for its program exit in two months’ time. “After eight long years Greece will finally be graduating from its...

Greece's eurozone creditors and the International Monetary Fund are trying to find a last-minute solution to the country's debt mountain so that the IMF contributes financially to the third bailout program. The Greek rescue program ends on Aug. 20 and...

The Washington Group that convened on Thursday in Brussels failed to reach an agreement on the Greek debt relief issue and will be meeting again during the G7 summit in Canada, in early June. According to a Bloomberg report, the...

The International Monetary Fund is pressing Greece's European creditors to agree on a debt relief program as soon as next week to ensure that the fund has enough time to give money to the country. Poul Thomsen, the IMF director...

"If the government in Athens implements all the remaining reforms decisively, Greece can successfully emerge from the ESM program in August 2018," Klaus Regling, president of the European Stability Mechanism, has said. The ESM chief spoke at en event held...

Greece's "remarkable reform effort of the past two years" needs to be supported by steps to make its debt repayments sustainable, the head of the OECD said on Monday. Speaking in Athens during a high-level visit to unveil the 35-nation...