Troika Says Bank, Surplus Questions Remain

With Greece celebrating a deal with international lenders that could open the door for long-delayed installments and critical cash, there came a warning that...

Juncker Blasts “Unpatriotic” Greeks With Money Abroad

Eurozone chief Jean-Claude Juncker has castigated wealthy Greeks and those who hide their income in secret bank deposits outside the country and being unfaithful...

Greeks’ Primary Residence Protection Extended for Two Months

The Greek government and the country’s biggest banks agreed to extend by two months legislation which protects the primary residence of debtors in Athens...

Greek Banks Drop After Eurogroup Meeting

Greek banks dropped in Athens Stock Exchange (ASE) after the meeting between the Eurozone’s Finance Ministers ended abruptly when Greece refused to sign a bailout...

Greek Banking System Credit Contracts 1.4% y/y in January

Total credit in Greece's banking system contracted 1.4 percent year-on-year in January after shrinking by 1.0 percent in the previous month, Bank of Greece...

Lawmakers Mull Time For Greek Debtors

With the ruling New Democracy Conservatives of Prime Minister Antonis Samaras and one of his two coalition partners, the PASOK Socialists, failing to pay...

‘I Would Rather Demolish it!’ Anger in Greece as Foreclosure Auctions Gather Pace

Increasing number of indebted Greek homeowners express concern about the fate of their property, despite assurances by the Greek government that primary homes will...

Euro Working Group: 1.2 Bln Euros from EFSF Frozen

The Euro Working Group discussion on the Greek issue ended shortly after 2pm on Wednesday, March 25. The Eurozone officials decided that Greece had...

IOBE: Economic Growth and Decreased Unemployment in 2014

The Greek Foundation of Economic and Industrial Research (IOBE) presented  its report on the Greek economy for the first quarter of 2014 on Wednesday, April...

Greek PM and SYRIZA Pledge to Find Solution on Swiss Franc Loans Issue

The Swiss National Bank's move to lift the support of the Franc's exchange rate against the euro has caused a major upheaval and panic. Following the SNB...

Greek 10-Year Bond Yields Hit Eleven-Year Low

Greek 10-year government bonds yields hit an 11-year low on Friday, as recent upbeat economic data and a deal struck with its lenders encouraged...

Cyprus Wants Troika Bailout Escape Clause

Already trying to distance itself from the harsh terms to which it agreed in return for a 10 billion euros ($13 billion) bailout from...

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