Greece
Economy
Handelsblatt: Greece to Remain Under Lenders' Supervision Until 2059
In a report about Greece's new omnibus bill and a potential break from its bailout in August 2018, German newspaper Handelsblatt claims the country will remain under lenders' supervision for another 40 years.
The newspaper says the enormous bill, which...
Economy
Handelsblatt: Greece Has Received €256 billion in Loans Since 2010
German news daily Handelsblatt, taking a look at the Greek economy, has come to the conclusion that despite the obscene amount of loans the country has received since the start of the financial crisis, it is still a long...
Economy
Handelsblatt: IMF's Lagarde Offers Eurozone Greek Debt Compromise
A new offer by International Monetary Fund Managing Director Christine Lagarde may get Greece's creditors out of the impasse they are in which will allow for the euro zone to release a tranche of aid, says a Reuters report.
Lagarde's...
Economy
Handelsblatt: Greece Seeks Scapegoat for Greek Statistics, Karamanlis Implicated
German newspaper Handelsblatt's article, titled "The Scapegoat of Greece" casts the spotlight on the prosecution of Andreas Georgiou, the former chief of Hellenic Statistical Authority (ELSTAT) by the Greek justice system. The article states that Greek politicians are seeking...
Economy
Handelsblatt: Greece-EU Deal Unlikely on April 24
The chances of Greece striking a deal with its European partners on the upcoming April 24 Eurogroup are low, German daily newspaper Handelsblatt wrote earlier today. The German newspaper is citing European Commission Vice President Valdis Dombrovskis, responsible for the Euro and Social...
Greece
Greece won't Need Third Bailout Package, PM Samaras Tells 'Handelsblatt'
Greece is leaving the recession behind it and will not need a third bailout package, Greek Prime Minister Antonis Samaras apparently asserted in an interview with the German financial newspaper "Handelsblatt," excerpts of which were published on the newspaper's...
Economy
German Newspaper Handelsblatt: "50 Years Of Troika"
The German newspaper, Handelsblatt describes the Troika as the most unpopular institution in Europe. The newspaper underlines that the Troika will monitor Greece for another 50 years in an article entitled “50 years of Troika”.
The author of the article...
Economy
Greek Exports to Decline, EU’s Reichenbach Tells Handelsblatt
Greece’s exports will probably decline this year compared to 2011, Horst Reichenbach, the European Union official in charge of aiding the country’s administrative overhaul, was quoted as saying by Handelsblatt.
Reichenbach said Greek exports reveresed their positive trend in November...
Energy
Gas Reserves of Greece Could Supply EU for the Next Five Years
Natural gas has always been a valuable commodity in Europe and is becoming even rarer now, but what is the reason for this? What is behind this is elevated prices due to the interruption in supply caused by Russia’s...
Greece
PM Mitsotakis Says Greece Can No Longer Be "Convenient Parking for Refugees and Migrants"
The German newspaper Handelsblatt published a front-page interview today with Greek Prime Minister Kyriakos Mitsotakis, who spoke to interviewers about Greece's economy, migration, and how it has exited the financial crisis.
Mitsotakis used tough language to describe the current refugee and...
Economy
Germany Opposes Greek Plans to Repay IMF Loans Early, Report Says
The German Finance Ministry is believed to be opposed to Greece's plans to repay the country's loans to the IMF earlier than stipulated, the German paper Handelsblatt reported on Friday.
The Greek Finance Ministry is planning to repay a sum of €3.8...
Business
Greek Start-Up Acquired By Chinese Giant Alibaba for €90 Million
A German-based Greek start-up company founded by Greek entrepreneur Kostas Tzoumas was bought by the gigantic Chinese company Alibaba earlier this month for approximately €90 million.
The start-up, named ''Data Artisans'', founded in 2014 by the Greek graduate of Athens’...
Diplomacy
Remembering When Tsipras Told Merkel to "Go Back" (video)
Almost five years ago, Greek Prime Minister Alexis Tsipras, who rolled out the red carpet for Angela Merkel on Thursday, was loudly calling for the German Chancellor to "go back."
During a rally on Lesvos prior to the May, 2014...
Energy
How Greece Will Benefit from East Med Gas Pipeline
Greece will definitely benefit from the recent agreement with Israel and Cyprus for the construction of the East Med gas pipeline, according to a report in the German financial newspaper Handelsblatt.
The proposed pipeline will transport natural gas from the...
Economy
OECD Says Greek Debt Repayments Must be Made Sustainable
Greece's "remarkable reform effort of the past two years" needs to be supported by steps to make its debt repayments sustainable, the head of the OECD said on Monday.
Speaking in Athens during a high-level visit to unveil the 35-nation...