international markets
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Schaeuble: There was Agreement Three Weeks Ago and Greece Asks for 3 More
German Finance Minister Wolfgang Schaeuble said as he joined Thursday's Eurogroup meeting, that he foresees an agreement on the disbursement of the next installment to Greece. "I hope that at the end of the aid package, Greece will be...
Business
Hellenic Petroleum to Submit Offer for Exploration Rights in Ionian Sea
Hellenic Petroleum will submit an offer in a tender for hydrocarbon exploration rights in field 1 of northwestern Ionian Sea, which has raised doubts from Albanian authorities.
Addressing a general shareholders' meeting, Hellenic Petroleum CEO Grigoris Stergioulis said the company has discussed the...
Economy
Investors Hesitant to Buy Greek Bonds
Six months after Greece’s spectacular rehabilitation in the international debt markets, investors are thinking twice. “Greece’s 10-year government bond yield Tuesday hit 6.98%, having climbed from a trough of less than 5.5% in June, as the country rode a...
Economy
IMF Urges Greece to Maintain its Financial Lifeline
According to the head of the IMF’s European Department, Poul Thomsen, the precautionary programs proposed by the IMF for Greece will ensure the country’s smooth return to markets and ease ongoing financial assessments. The program is expected to form...
Economy
Greek Medicinal and Aromatic Plants on International Market
The president of the Association for Medicinal and Aromatic Plants of Greece (EAFFE), Katerina Grigoriadou, declared that the industry intends to expand into the international market. “The market for aromatic plants can bloom outside Greece,” she said.
“Such a development...
Economy
International Media and Markets Greet Passing of New Greek Memorandum
International markets have responded positively to the Greek Parliament’s decision to pass new austerity legislation, which is deemed as highly necessary for the completion of the restructuring of the Greek debt.
The first positive signs came from distant Australia, whose...
Economy
ASE Records Heavy Losses After PM's Referendum Decision
Athens Stock Exchange recorded heavy losses on Tuesday, after the Greek PM surprised everyone with his announcement of holding a referendum for the resolutions of the Euro Summit of October 26.
Political and economic uncertainty resulted in Greek indices plunging...