The issue of short-term measures for easing the Greek debt, which were frozen in response to the government’s unilateral decision to pay pensioners a Christmas bonus, has been put off until the Euro Working Group meeting on January 12. According to Finance Ministry officials, minister Euclid Tsakalotos yesterday received “the points where answers are due” […]
The new Minister of Economy and Development Dimitris Papadimitriou underlined that his goal is to attract investments by taking advantage of the monetary stability that Greece offers as a Eurozone member. The aim is to inspire trust and send the message that Greece is friendly towards investments and that the economy is open to the […]
The European Stability Mechanism (ESM) announced in a tweet on Tuesday that its board of directors authorized the disbursement of Greece’s 1-billion-euro loan tranche, after the country completed all prior actions required by its lenders. “ESM Board of Directors just authorized the disbursement of €1bn to #Greece, #ESM press release will follow shortly,” ESM tweeted.
With the Greek government having completed about 50% of the prior actions agreed upon with its creditors, in order to collect a 1 billion euro tranche, revealed a high-ranking Eurozone official to Reuters. Although a number of issues have not yet been resolved, they are expected to be addressed within the day, with any changes […]
European stocks hovered around a three-month high, the euro touched its weakest level since April and the yield gap between German and U.S. notes reached the widest in nine years as traders prepared for the European Central Bank to ramp up stimulus later this week. The euro headed for its worst month versus the dollar […]
The latest Eurobarometer survey revealed that 65% of Greeks wish to remain in the common currency union. The percentage has increased by six points compared to 2014, noted the report. According to the new survey conducted from October 12 to 14, 73% of Greeks consider that the country has benefited from its induction into the […]