Greece

Greek Finance Minister Christos Staikouras announced the successful reissue of Greece's 5-year and 30-year bonds. These bonds allow investors to invest in the Greek government's sovereign debt for the next 5 or 30 years, depending on which bond they...

With bids reaching a stunning 19 billion euros, Greece's first 15-year state bond offers book closed in very impressive fashion on Tuesday afternoon. The Greek state had initially intended to withdraw just 2.5 billion euros, but the investor's trust in...

Piraeus Bank, Greece's biggest lender, has signed a new investment deal for small and medium sized companies with the European Investment Bank (EIB), the European Investment Fund (EIF) and the European Bank for Reconstruction and Development (EBRD), worth 700...

"The quality and number of investors who have shown interest in this bond issue shows that the markets started showing confidence in the Greek economy," Finance Minister Euclid Tsakalotos said. The Greek government is celebrating Monday's successful bond sale claiming...

*By Dr. Nicholas Economides - Through targeted investments, Greece will increase GDP and tax revenue as well as reduce unemployment and the debt/GDP ratio.

Demand for 5-year Greek bonds exceeded 11 billion euros, as investors rushed to place orders for them, London's Financial Times reported Wednesday. Strong investor interest emerged as soon as Athens ordered the issuance of the bonds, worth 2 billion euros. According to the FT,...

Cyprus has mandated investment banks to manage a double bond issue comprising a 5-year and a 30-year, euro-based bonds, the country's Ministry of Finance announced on Tuesday. This will be the first time Nicosia will borrow money on the international...

File photo Greece launched a 5-year bond auction on Tuesday, with the financial products having a yield of 3.6 percent. The sale successfully raised a total of 2.5 billion euros ($2.87 billion) for the Greek treasury. It was the first time...

Greek Prime Minister Alexis Tsipras announced on Monday that the nation will raise its minimum wage to €650 ($745) per month, and his government will abolish the ''sub-minimum'' wage which has been paid to those under the age of 25. Tsipras declared...

Both Cyprus and Greece have organized what is known as "Golden Visa" programs where foreigners who purchase property are eligible to be granted residence status. Recently Cyprus' Golden Visa program has raised some 4 billion euros in revenue for the...

A 65-year-old man who was considered by Greek police as one of the masters of financial crime in Greece, was arrested on Tuesday. The man police has called "the greatest Greek swindler" is Stavros Panagiotopoulos. He was arrested in Athens...

Greek stocks remained under heavy selling pressure for the third successive session in the Athens Stock Exchange on Wednesday, hit by a negative climate prevailing in the domestic bond market. Greece ’s Athex Composite index slumped 9.24% to 711.13 points...

Greece will face a 7-billion-euro funding gap in March if SYRIZA comes to power and clashes with the country's international creditors who will stop the 7.2-billion-euro installment of the current bailout program, said a report of Greek newspaper "Proto Thema." In March,...

Looking to build his country's growing presence in Greece, visiting Chinese Prime Minister Li Keqiang on June 20 went to the port of Piraeus where the Chinese company Cosco has already taken over much of the operations. It was the...

While rumors regarding the upcoming cabinet reshuffle and the possible ministerial appointments are widespread, Greek General Secretary of Public Revenue Haris Theoharis announced his resignation Thursday after a meeting with Greek Finance Minister Yannis Stournaras, causing discontent among Greece’s...