Category: FINANCE

Ten days left for prior actions
FINANCE
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FINANCE
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Ten days left for prior actions

makis - Dec 02, 2015

In the next 10 days, Greece must not only agree with its creditors on the final details of the 13…

One in three Greek students intend to start a business
FINANCE
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FINANCE
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One in three Greek students intend to start a business

makis - Dec 02, 2015

Greek students have a positive view of entrepreneurship despite the crisis. One in three stated an intent to start their…

DW: Schäuble has not abandoned the idea of Grexit
FINANCE
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FINANCE
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DW: Schäuble has not abandoned the idea of Grexit

Panos - Dec 02, 2015

Amid the terror attacks and the refugee crisis, the Greek debt is not currently at the center of the international…

Moscovici sees discussion on Greek debt starting in early 2016
FINANCE
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FINANCE
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Moscovici sees discussion on Greek debt starting in early 2016

Panos - Dec 02, 2015

European Commissioner for Economic and Financial Affairs Pierre Moscovici on Tuesday said he was confident that a discussion on Greece's…

Shipping minister discusses trade cooperation with Indian envoy
FINANCE
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FINANCE
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Shipping minister discusses trade cooperation with Indian envoy

Panos - Dec 02, 2015

Shipping and Island Policy Minister Thodoris Dritsas discussed strengthening bilateral cooperation with India’s Ambassador to Greece, M. Manimekalai, in his…

PM Tsipras: ‘2016 will be the year Greece exits from the crisis’
FINANCE
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FINANCE
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PM Tsipras: ‘2016 will be the year Greece exits from the crisis’

Panos - Dec 02, 2015

If 2015 was the year Greece secured its place in the Eurozone and ended the so-called 'Grexit' talk, then 2016…

Public transport strike action to affect travel on Thursday
FINANCE
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FINANCE
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Public transport strike action to affect travel on Thursday

makis - Dec 01, 2015

There will be disruptions to the Greek public transport network due to a work stoppage by employees of the Athens…

New pension levels mean 17 years additional work before retirement
FINANCE
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FINANCE
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New pension levels mean 17 years additional work before retirement

makis - Dec 01, 2015

The Greek leftist government needs to complete reforms on social security with pressure being amped by international creditors (EC, ECB,…

Attica Bank begins share capital increase plan
FINANCE
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FINANCE
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Attica Bank begins share capital increase plan

ilias1 - Dec 01, 2015

Attica Bank on Monday said its shares will be temporary suspended from trading in the Athens Stock Exchange from Tuesday,…

Eurozone bailout fund releases 2.72 bln to recapitalize Piraeus
FINANCE
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FINANCE
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Eurozone bailout fund releases 2.72 bln to recapitalize Piraeus

Panos - Dec 01, 2015

Europe’s eurozone bailout institution has approved a 2.72 billion euro ($2.88 billion) disbursement to recapitalize Greece's ailing Piraeus Bank. The…

Eurozone unemployment falls in October
FINANCE
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FINANCE
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Eurozone unemployment falls in October

Panos - Dec 01, 2015

Eurozone unemployment slipped to its lowest level for nearly four years in October, official data showed on Tuesday, beating analyst…

Stathakis: Greece to finish first reform review in December
FINANCE
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FINANCE
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Stathakis: Greece to finish first reform review in December

Panos - Dec 01, 2015

Greece will close the first review of its reforms under the current bailout program in December, Greek Economy Minister George…

Greek PMI up to 48.1 points in Nov
FINANCE
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FINANCE
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Greek PMI up to 48.1 points in Nov

Panos - Dec 01, 2015

Greek Purchasing Managers' Index (PMI) rose to 48.1 points in November from 47.3 in October, to the highest level in…

P. Lafazanis: The banks’ recapitalisation is probably…
FINANCE
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FINANCE
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P. Lafazanis: The banks’ recapitalisation is probably…

Panos - Dec 01, 2015

...the biggest robbery in the Greek history. The recapitalisation of the banks is probably the biggest robbery in Greece's history,…

Greek economic sentiment index unchanged in Nov
FINANCE
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FINANCE
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Greek economic sentiment index unchanged in Nov

Panos - Dec 01, 2015

Greek economic sentiment index remained unchanged in November from the previous month, the Institute for Economic and Industrial Research (IOBE)…

Stiglitz: Greece called to assume the refugee crisis burden amid EU austerity measures
FINANCE
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FINANCE
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Stiglitz: Greece called to assume the refugee crisis burden amid EU austerity measures

Panos - Dec 01, 2015

Greece, which is under strong pressure as a result of the European austerity measures, is now called to assume the…

Gov’t VP to meet delegation of European Parliament’s employment committee Tuesday
FINANCE
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FINANCE
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Gov’t VP to meet delegation of European Parliament’s employment committee Tuesday

Panos - Dec 01, 2015

Government Vice-president Yiannis Dragasakis will meet on Tuesday with a delegation of the European Parliament’s Committee on Employment and Social…

Tsakalotos says pension cuts was the right thing to do
FINANCE
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FINANCE
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Tsakalotos says pension cuts was the right thing to do

makis - Nov 30, 2015

Greek Finance Minister Euclid Tsakalos claimed that cutting the pensions was the right thing to do, during his speech at…

Regling: Greek govt knows that a debt haircut is not possible
FINANCE
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FINANCE
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Regling: Greek govt knows that a debt haircut is not possible

makis - Nov 30, 2015

There will be no haircut of the Greek debt, head of the European Stability Mechanism Klaus Regling clarified during his…

Creditors concern about non-performing loans
FINANCE
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FINANCE
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Creditors concern about non-performing loans

makis - Nov 30, 2015

The representative of the European Central Bank, Rasmus Refer, stated that should be the last negotiation round adding that the…