Eurogroup fail to agree Greek deal
As expected, Greece’s new government and its international creditors failed to agree on a way forward on the country’s unpopular bailout and will try again […]
Month: February 2015
Greek Finance Minister pledges deep reform after PM rattles markets
The Greek finance minister sought to reassure the world that his government has its hand firmly on the levers of reform after a speech by […]
German Fraport asks Greece to respect agreement on regional airports.
The finance director of Fraport, Matthias Zieschang , expressed his optimism that the new Greek government will respect the 1.2 billion euro agreement regarding 14 […]
“Work at Chania airport terminal should be completed by 25 March”
Chania airport management decided to close half of Chania airport passenger terminal to speed up the airport upgrade. The airport management hopes to have some […]
Prime minister Tsipras outlines his programme
In a hard hitting speech, Alexis Tsipras laid out plans on Sunday evening to dismantle Greece’s austerity programme. Tsipras said the Greek government cannot ask […]
Paul Krugman: The ECB is not Germany’s debt collector
On Wednesday, the European Central Bank announced that it would no longer accept Greek government debt as collateral for loans. This move, it turns out, […]
No liquidity problems for Greek banks, JP Morgan report
Greek banks will not have any problem in draining liquidity following European Central Bank’s (ECB) decision not to accept Greek bonds as collateral, as banks […]
Thousands rally in support of Greek government
Thousands of Greek people have held a demonstration outside the parliament in the capital, Athens, to voice support for efforts by the new anti-austerity government. […]
Varoufakis : A Merkel Plan would be a wonderful legacy for Germany’s federal chancellor.
“I’m the finance minister of a bankrupt country” In an interview with Marcus Gatzke and Mark Schieritz for ZEIT and ZEIT ONLINE Yanis Varoufakis promises a […]
Greek debt unsustainable Bank of England policymaker warns
Greece’s debt is unsustainable and creditors are wrong to believe they can get all their money back, a Bank of England policymaker said on Tuesday […]
Cloud of African dust covers Greece
The extremely strong southerly winds (up to 10 on the Beaufort scale) that blow over the country are responsible for the African dust that has […]
Authorities assessing damages from torrential rain and gale-force winds
Flooding following torrential rains and gale-force winds in many areas of Greece led to traffic interruptions on main roads, the collapse of a historic stone […]
France ready to offer Greece concessions on debt, technical support on tax evasion
The French government is willing to discuss ways to ease Greece’s financial burden including extending the maturity of its debt, Sapin said Sunday in an […]