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Greece Launches First Bond Sale Since 2014

Greece’s government is returning to the financial markets for the first time since 2014. It has mandated six banks to bring new five-year bonds to...

European Central Bank Gives Breath of Liquidity to Greek Banks

The European Central Bank gave a breath of liquidity to Greek banks after Thursday's decision to include them in its quantitative easing program and...

Bloomberg Restates that Greece Should Follow a Bailout Program

Greece’s lenders are insisting that the country remains subject to an economic bailout program, according to financial newspaper Bloomberg, which has cited two anonymous officials. European...

Greece ‘s Primary Surplus to Reach 2.9 % In 2015

The government will aim for a primary budget surplus of 2.9% next year, just shy of the 3% target set out under the bailout...

Mario Draghi Says ECB Will Help Greece Under Memorandum Plan

The ECB plans to accept junk bonds from crisis-ridden countries, provided that they were first subjected to an economic monitoring program. The announcement, which came from...

Piraeus Bank to Acquire 16% of Marfin Investment Group

A major business deal between Piraeus Bank and Marfin Investment Group (MIG) is expected to be announced at the end of the stock market...

Vulture Funds Cashing in on Greek Debt

Wherever chaos appears, vultures follow; an unavoidable consequence which Greece has to deal with. Greeks rush to withdraw savings, while some "clever" and rich...

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