Anastasiades Wants Greek Bailout Too

Awaiting a 10 billion euros ($13 billion) rescue package from international lenders, new Cypriot President Nicos Anastasiades was in Athens on March 31 looking...

Greek Bank Leader Says Crisis Ending

Despite tax revenues falling far short of expectations as austerity measures have cut deep into the disposable income of Greeks who have responded by...

Cyprus Bailout Could Cost $11.8 Billion

As Cypriots headed to the polls on Feb. 24 to elect a new President in a run-off between the frontrunner, Conservative Nicos Anastasiades and...

Bank of Greece Acquires Eurobank

With Greek banks still reeling from big losses imposed by the government in a desperate bid to write down its staggering $460 billion debt,...

Cyprus “Bail-In”Could Wipe Out Investors

A pending bailout for Cyrus, whose banks were brought to the edge of default when their holdings in Greek bonds were devalued 74 percent...

Goldman Sachs Says No Greek Growth Plans

The President of the American investment firm Goldman, Sachs, blamed by some critics for helping cause Greece's crushing economic crisis with its financial instruments,said...

TT Bank Split Gets The OK

Greece's more than century-old Hellenic Postbank faces a big change - over the protest of its workers - after the newspaper Kathimerini reported that...

Bank of Cyprus Cuts 300 Greek Staff

The Bank of Cyprus (BoC), the island’s biggest lender, said losses incurred by its holding in Greek bonds that were devalued 74 percent last...

Greece Asks EU Help To Catch Tax Cheats

Conceding that Greece can’t deal with tax cheats alone, the government is going to bring in tax experts and analysts from other European countries...

Juncker Blasts “Unpatriotic” Greeks With Money Abroad

Eurozone chief Jean-Claude Juncker has castigated wealthy Greeks and those who hide their income in secret bank deposits outside the country and being unfaithful...

Court Cuts Jobless Mother’s Debt 90%

With many Greeks unable to pay their debts because of an avalanche of pay cuts, tax hikes and slashed pensions, the number of loans...

Dallara Says Greece To Return to Markets

Institute of International Finance (IIF) Managing Director Charles Dallara, who was the negotiator for private investors when a previous Greek government imposed 74 percent...

LATEST