Italian bank-rescue push falters as Merkel sticks to the rules
Bloomberg — Prime Minister Matteo Renzi’s efforts to shore up Italy’s struggling banks ran into a roadblock, as German Chancellor Angela Merkel insisted on sticking […]
Month: June 2016
Piraeus port deal hits snag as Cosco says Athens changed deal
eKathimerini — Ahead of Prime Minister Alexis Tsipras’s state visit to Beijing, which starts on Friday, Cosco Shipping has accused the government of overturning fundamental […]
Soros bet on fall in Deutsche Bank shares after Brexit vote
Zero Hedge — Bloomberg reports Soros Fund Management took a short position in Deutsche Bank AG of about 7 million shares, or a total notional […]
Islamic State suspected after suicide bombers kill 42 at Istanbul airport
Reuters — Turkey pointed the finger at Islamic State on Wednesday for a triple suicide bombing and gun attack that killed 42 people at Istanbul’s […]
Greek drivers admit to sins at wheel, but not the worst in Europe
eKathimerini — They may talk on their cell phones, take the wheel after more than a few sips of alcohol, not wear seat belts and […]
Moscovici rules out loosening Greek budget target
eKathimerini — European Commissioner for Economic Affairs Pierre Moscovici on Tuesday ruled out a relaxation of the Greek budget target in comments to the press […]
Italy may be the next domino to fall
FT /Wolfgang Münchau — Brexit’s consequences will be neutral to moderately negative for the UK but devastating for the EU. The main problem is […]
Angela Merkel says Brexit decision irreversible
European Union leaders said there could be no turning back for the U.K. after Prime Minister David Cameron used his last EU summit to express […]
Alibaba plans on following Cosco Pacific into Greece
eKathimerini — Chinese online-shopping giant Alibaba is expressing an interest in Greece now that Cosco Pacific’s investment in the port of Piraeus appears to be […]
English will not be an official EU language after Brexit, says senior MEP
Politico — Danuta Hübner, the head of the European Parliament’s Constitutional Affairs Committee (AFCO) and a Polish MEP, warned Monday that English will not be […]
Greece to tax and fine Airbnb-style vacation rentals, force landlords to register as business
KeepTalkingGreece.com — Greece has apparently decided to follow the taxation model of the German city of Munich and will impose and cash tax from Airbnb-style […]
Greece to “Name & Shame” debtors owing over EUR300k to the state
Zero Hedge — Greece’s Finance Ministry is determined to collect what belongs to the state and as KeepTalkingGreece reports, since repayment settlements and other forms […]
Shaeuble: ‘People in Europe do not understand what we do’
Reuters — The European Union cannot have a business as usual approach after Britain voted to leave the bloc, German Finance Minister Wolfgang Schaeuble said […]
Mervyn King: Treasury’s exaggerated Brexit claims backfired
The Guardian — Mervyn King, the former Bank of England governor, has delivered his most stinging criticism of George Osborne and the Treasury over the […]
Turkish aircraft intercepted over Aegean, in Athens FIR
eKathimerini — Turkish military aircraft violated Greek air space in 15 instances on Monday, Greek authorities said. The violations were carried out by seven Turkish […]