EU
Economy
Greek Battle Royale Over Foreclosures
With Greek Prime Minister Antonis Samaras trying to convince his Deputy Premier Evangelos Venizelos to go ahead with ending a moratorium on foreclosures that is being demanded by the country's international lenders, Finance Minister Yannis Stournaras said banks should...
Economy
FT: The Greek Government Defies Troika
For the first time, The Financial Times noticed a shift in Greeceās stance against troika since the beginning of the rescue program. Greece appeared tougher after submitting the 2014 budget without the approval of the lenders and "has become...
Economy
Brussels: Meeting Samaras – Barroso
According to the Greek Prime Minister Antonis Samaras, the Greek European Union presidency would be one of āopportunities, not a presidency of crisis.ā The priorities of the Greek presidency are job creation, monetary union, the fight against illegal immigration...
Economy
Poll Shows Greek Pessimism Grows
Greeks buried under 3 1/2 years of austerity measures said they've essentially given up on any hope life will get better and are growing more pessimistic about the economy, according to a nationwide poll by GPO for Mega TV...
Economy
Fitch Affirms Greece at "B-"
Fitch Ratings on Monday affirmed Greeceās long-term foreign and local currency issuer default ratings (IDR) at B-.
The issue ratings on Greeceās senior unsecured foreign and local currency bonds have also been affirmed at B-.
The outlook for the long-term IDRs...
Economy
Troika Softens On Foreclosure Ban Lifting
After insisting that banks be allowed to confiscate the homes of people who weren't paying their mortgages during a crushing economic crisis Greece's international lenders have changed their stance and now say the government should sort out those who...
Economy
Greece Takes Budget Battle to Brussels
Greek Prime Minister Antonis Samaras and his Deputy PM Evangelos Venizelos will sit down on Dec. 2 to put their heads together and plan strategy over how to deal with disagreements with international lenders over a gap in the...
Economy
Greece Sees Deal By EU Summit
Unable to reach a deal before a Dec. 9 meeting of Eurozone finance chiefs, Greece is reportedly hoping to come to an agreement with international lenders over delayed reforms and the size of 2014 budget hole beforeĀ a gathering...
Economy
Troika Puts Off Athens Return
They're coming. They're not coming. They're coming. Turns out they're not coming. Envoys from Greece's international lenders, who've been in and out of Athens, now said they have postponed a scheduled return next week that was supposed to restart...
Europe
Eurostat: Leading Cause of Death for Elderly Greeks
Eurostat released a research report concerning the cause of European deaths for the year 2010. Research was conducted in 33 countries and evidence suggested that heart attacks are the major cause of concern in the European Union -- seeing...