Greece

Greece managed to tap €1.5 billion on Tuesday from global financial markets after it reopened its 10-year bond to take advantage of the new, extraordinarily low interest rates. According to reports, more than 5.4 billion euros were offered to Greece,...

The interest rate for Greece's ten-year bond yield fell on Friday to an all-time low, reaching levels under three per cent, for the first time ever in history. The Greek interest rate fell a further seven basis points, and is now...

The Greek Finance Ministry has decided to issue a seven-year bond, aiming to raise €3 billion ($3.7 billion), in the next few days, possibly this week, reports the Athens-Macedonian News Agency (AMNA). It is the third attempt towards Greece's full...

Greece's short-dated state bond yields rose sharply on Tuesday after Greece and creditors failed to agree on closing the bailout program review and debt relief measures, Reuters says. The Greek government urgently needs the next rescue loan tranche in order...

Greece's successful, if cautious, return to the bond markets this month was the result of a secret, carefully-crafted meeting Prime Minister Antonis Samaras had in New York with investors, brokered by noted Greek-American financier Jamie Dimon, Chief Executive of...

The Wall Street Journal reports that Greece is planning to issue a long-term bond on Wednesday, which will be the first since the start of the financial crisis and the country's international bailout. The paper stated that the Greek government "is...

Global markets showed marked enthusiasm regarding the prospect of Greece turning toward a more conservative route, following the New Democracy Party's landslide in Sunday's local and European Elections. Greece's ten-year bond lost more than nine percent since the day began, and is...

Euro area systemic stress has remained low over the past six months, but the risk for a Greek default has increased sharply, according to the latest Financial Stability Review of the European Central Bank (ECB), which was released today. Greek...

By Gregory T. Papanikos* Germany has sent the message that a Greek exit from the eurozone might be the lesser of two evils. It has been interpreted as a warning to the Greek electorate ahead of its January 25 election...

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...

The nightmarish Grexit scenarios of 2010 and 2011 are back, after the recent political turmoil in Greece, said Bloomberg. As international investors analyze the options, they see that Greece's status in the Eurozone is in question again. The 12.78-point record plunge...

A few years ago, the Greek Tourism Organization launched a campaign dubbed "Live Your Myth in Greece." It was good, catchy, and it worked. Today, following the 2015 budget proposal, it seems that the ministry of finance officials are...

Greek Prime Minister Antonis Samaras has gone on the offensive at home and abroad, seeking leverage as the spotlight in Europe’s financial-crisis drama returns to the country where it began, says Bloomberg. Cracking down on a nationalist party linked to...

The European Central Bank has assessed that the four systemic banks of Greece need at least 4.4 billion euros and up to 14.4 billion euros to cover their capital shortfalls. In the comprehensive assessment test released on Saturday morning the ECB revealed the extent...

Greek Administrative Reform Minister Kyriakos Mitsotakis, the man in charge of firing thousands of public workers in an austerity drive, said the big spending cuts and tax hikes are paying off with a looming recovery that will be buoyed...