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 […]
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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 […]
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 […]
Greece sacks heads of privatisation agency
Greece’s new leftwing government has asked the heads of the state privatisation agency to resign after halting state asset sales agreed under the international bailout […]
‘We won’t cooperate with the troika,’ FinMin says after meeting Dijsselbloem
Greece rejects both an extension of the bailout programme and any talks with the troika of its creditors, Finance Minister Yanis Varoufakis said on Friday. […]
Government with a British flavour
It could easily have been a scene from one of this week’s post-election victory rallies in Greece, as supporters of the victorious Syriza party cheered, […]
Greece has no plans to act against all-inclusive resorts
Greece’s tourism minister promised on Thursday Athens had no plans to curb all-inclusive resorts on its sun-drenched islands, after several publications suggested that new Prime […]
The Economist: Syriza’s win could lead to Grexit, but it should lead to a better future for the euro
Go ahead, Angela, make my day IT WAS in Greece that the infernal euro crisis began just over five years ago. So it is classically […]
The Guardian: Germany can’t be allowed to strangle Syriza at birth.
Merkel, the EU bureaucrats and international financiers are cruel but not stupid. They know hope is a contagion, and will do all they can to […]
Germany warns over debt commitments
Germany has warned the new Greek government that it must live up to its commitments to its creditors. German government spokesman Steffan Seibert said it […]
SYRIZA sweeps to power in rebellion against austerity
Greek voters handed power SYRIZA in national elections on Sunday, a popular rebellion against the bitter economic medicine Greece has swallowed for five years and […]