Eurozone

Bank of Greece (BoG) governor Yannis Stournaras called on MPs to consider their decision carefully at the parliamentary elections for the Greek President, in statements delivered during an event in Athens on Monday, honoring the 110th anniversary from the birth of...

European Commission President Jean-Claude Juncker made the controversial statement on Thursday that Greece should avoid electing "extremist forces" into power, according to EUobserver. Juncker was participating in a debate with EUobserver and other Brussels-based journalists for Austrian public television. Commenting...

January 25 or February 1 have emerged as the possible dates for the conduction of snap general elections in Greece if the coalition government fails to attract the 180 needed MP votes for the election of the new President of...

The recovery of the Greek labor market continued in September with unemployment rate falling to 25.7%, the lowest reading since August 2012. The rate was in line with expectations and down from August's (upward revised) 26% figure. Youth unemployment rate (courtesy of Eurostat)...

Greeks had transferred abroad about 115 billion euros between late 2009 and end of June 2012 -- the first year that signs of restoration of the Greek economy appeared. According to a survey by the Bank of Greece published in...

The Eurozone economy showed marginal growth in the third quarter of 2014, with GDP showing an increase of 0.2% in the third quarter, compared to the previous, according to revised figures released today by the European Statistical office, Eurostat. In...

  As reported by German financial review "Handelsblatt," the Troika of Greece’s lenders has threatened the country to suspend the provision of liquidity, unless an agreement is reached for the completion of the Greek program's final review. Such a development...

Political uncertainty is the country’s main issue, Greek government Vice President Evangelos Venizelos said on Friday addressing the Democratic Bloc Secretariat meeting. He explained that this uncertainty makes negotiation even more difficult and provides lenders with arguments, when the main...

The possibility of extending Greece 's bailout program by six months, to mid 2015, is being considered by the Eurozone Finance Ministers, according to a document obtained by Reuters, while Athens insists it is only discussing an extension of a...

The preventive credit line for Greece will not be ready in time, therefore the country will have to ask for an extension on its bailout program before Eurozone parliaments close for Christmas, a senior EU official told Reuters earlier...