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Greece

Defiant PM Tsipras Outlines Plan to Win Greek Elections in Financial Times Interview

Greece's Premier Alexis Tsipras said that he has set his sights on winning the European and national elections scheduled for May 26 and October 2019, despite trailing in opinion polls. In an exclusive interview with London's Financial Times, Tsipras says “I’m...

Financial Times Gallop on Greek Debt Write Down in Exchange for Refugees

A few days ago, Gideon Rachman argued in The Financial Times that a good deal addressing both Europe’s refugee problem and the Greek debt crisis is one in which “Greece agrees to seal its northern border with EU help,...

Financial Times: IMF Considers Presenting Greece with 'Cyprus-Like' Proposal

The International Monetary Fund (IMF) is considering to present Greece with a "Cyprus-like" severe bailout plan proposal, according to a Financial Times report. With Greece having difficulty meeting its domestic obligations in public sector salaries and pensions, it is very unlikely...

Financial Times: IMF Denies Greece Postponement of Payment

Greek officials have asked the International Monetary Fund (IMF) if they can postpone loan repayments but the request was denied, according to a Financial Times report. Athens is scheduled to repay IMF a total of almost 1 billion euros in...

Financial Times: Greece Has Scraped Enough Cash for April But Default Looms in May

Athens may have scraped enough cash to pay its dues in April but it may run out of funds in May and end up in sovereign default, a Financial Times report said. Greek Foreign Minister Yanis Varoufakis has assured International...

Financial Times: 'Greeks Are One Minute Away from Midnight'

The Greek government is turning to the social security funds and Athens Metro in order to accommodate its debts and keep the country afloat, reported the Financial Times. “Athens faces a €1.7 billion bill for wages and pensions at the...

Greek FinMin to Financial Times: Greece will Opt for Debt Swap, Rather than Write-off

Greece will not call for a debt write-off but request a "menu of debt swaps," including two types of new bonds, Greek Finance Minister Yanis Varoufakis told the Financial Times on Monday. According to the newspaper, Greece "unveiled proposals...

Financial Times: Fears of Fresh Greek Crisis

A new Greek crisis is on the horizon after the snap general elections that could bring leftist SYRIZA to power which may lead the country to a direct confrontation with its international creditors, according to the Financial Times. The elections in...

Financial Times: Rich Greeks Survived Crisis, SYRIZA's Bark Worse Than its Bite

Rich Greeks did nothing to help Greece overcome the financial crisis and it is not certain that SYRIZA will implement its leftist policies if they come to power, according to a Financial Times commentary. In commenting on Greece's effort to...

Financial Times on Greek Growth Sustainability

The Financial Times published an article on the economic developments of Greece, under the title “Signs of revival for Greece after years of pain”. The article mentions that Greece will return to positive economic growth this year, after the longest...

Financial Times: Investors Return to Greece

"As confidence in the eurozone has risen, investors have returned to Greece," says a recent article by Financial Times entitled "Greece: hit or myth." According to the article the Hellenic Telecommunications and Public Power Corporation (PPC) have both returned more...

Financial Times: "This could be the moment for Greece to default"

Although the return of Greece to the international bond market has been widely trumpeted as a success, the Financial Times wonders whether it is a good time for the country to default on its foreign debt. According to the paper, the...

Financial Times: Greece First in Global Equities

The Daily Mail and Financial Times have written on the Athens Stock Exchange, noting that Greece is first in world market shares. An article entitled “Greek Markets Reflect Recovery of Developed World's Economies” pointed out the significant stock market returns...

Financial Times: Samaras is Unwilling to Obey Troika

An article in the "Financial Times," published today, referring to the Greek Prime Minister and his negotiations with Troika, reported that Samaras is no longer willing to succumb to the demands of the creditors. According to the article, the Greek...

Financial Times: Russians Line Up for Greek Gas Sale

Two Russian bidders have emerged as frontrunners in a flagship sell-off expected to raise more than €1.5bn for Athens, putting the Greek government in a dilemma as it seeks to meet privatisation targets set by international lenders. The emergence of...