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Cyprus to Tap Markets With its First-Ever 30-Year Bond

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...

75-Year Old Greek Man Shocked to Discover That He Owes €3 Billion in Taxes

An incredible story surfaced on Friday on Crete's ekriti website, involving a 75-year old man and the debts he purportedly owes to his local tax...

Eurogroup Postpones Decision on Cash Disbursement to Greece

European officials postponed the decision on whether or not Eurogroup will authorize the already-agreed upon disbursement of cash to Greece until the next Euro-working...

Greece Sees Major Positive Economic Developments in February

This Friday held a positive surprise for the Greek economy, as the yield on Greece's 10-year state bond fell to 3.647 percent, the lowest...

Despite Financial Crisis, Greece Still Better Off In the Eurozone

The Center for European Policy (CEP) published a study on Monday which states that Greece added €2 billion to its economy in the sixteen...

EU Extends Post-Program Framework for Greece by Six Months

The European Commission announced on Wednesday its decision to extend its "enhanced surveillance framework" for the nation of Greece by six months. This decision was...

Officials Warn Greece Might Not Get EU Cash After Reform Delay

Eurozone officials warned on Monday that Greece is on the brink of missing out on the first installment of approximately €750 million from the...

Greek Government to Subsidize Rent For 300,000 Poor Families

The Greek Ministries of Labor and Finance are expected to co-sign a framework to establish a rental subsidy plan for more than 300,000 families...

Greece Will Receive €1 Billion of Profit Returns on Greek Bonds

Greece is expected to receive €1 billion ($1.13 billion) of profit returns on Greek bond holdings in 2019, the Managing Director of the European...

Cyprus First, Greece Third in Reception of European Social Funds for 2018

The Republic of Cyprus ranked first, and Greece third, among EU member states in  cumulative payments made from the European Social Fund in 2018....

Greece’s Public Debt on the Rise

Greece’s public debt reached €334.988 billion in the third quarter of 2018, an increase of €21.493 billion over that of the same quarter in...

Standard & Poor’s Keeps Greece’s Credit Rating to B+

Standard & Poor’s (S&P) rating agency kept Greece’s credit rating at ''B+'' on Friday, following an upgrade made in July 2018, when the agency...

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