Category: FINANCE

Greece, Turkey share fifth place on Bloomberg’s economic misery index for 2017
FINANCE
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FINANCE
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Greece, Turkey share fifth place on Bloomberg’s economic misery index for 2017

Panos - Feb 16, 2018

Greece and Turkey now share more than often prickly relations as the two neighbors are jointly ranked fifth (20.6 points)…

Greek FM Nikos Kotzias: “Turkey crossed the red line at Imia!”
DEFENCE
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DEFENCE
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Greek FM Nikos Kotzias: “Turkey crossed the red line at Imia!”

Panos - Feb 16, 2018

Nikos Kotzias is one of the main figures in the news as the Greek Foreign Minister, especially after Turkey’s latest…

State spending reduced in Jan. 2018, compared to same month in 2017
FINANCE
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FINANCE
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State spending reduced in Jan. 2018, compared to same month in 2017

Panos - Feb 15, 2018

State spending in the first month of 2018 reached 3.176 billion euros, reduced by 215 million euros from the same…

Moscovici: Greece needs no ‘precautionary credit line’ but own growth strategy
FINANCE
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FINANCE
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Moscovici: Greece needs no ‘precautionary credit line’ but own growth strategy

Panos - Feb 15, 2018

Greece will not need a precautionary credit or anything that looks like a forced programme after it exits the bailout,…

Frankfurter Rundschau: Greek state recovering; the people have defaulted
FINANCE
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FINANCE
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Frankfurter Rundschau: Greek state recovering; the people have defaulted

Panos - Feb 15, 2018

The contrast, as it claims, between the gradual improvement in Greece’s economic indices and the “tragic situation” of Greek citizens…

Zeus + Dione’s regeneration of the Greek silk industry
FINANCE
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FINANCE
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Zeus + Dione’s regeneration of the Greek silk industry

Panos - Feb 14, 2018

Dimitra Kolotoura and Mareva Grabowski founded their luxury lifestyle label, Zeus + Dione, at the height of Greece’s economic crisis…

Three “fiery” months for the recapitalization
FINANCE
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FINANCE
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Three “fiery” months for the recapitalization

makis - Feb 14, 2018

Early in May, the results of the resilience tests of the Greek systemic banks are expected to be finalized. Banks…

Three “fiery” months for the recapitalization
FINANCE
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FINANCE
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Three “fiery” months for the recapitalization

Panos - Feb 14, 2018

Early in May, the results of the resilience tests of the Greek systemic banks are expected to be finalized. Banks…

Speaking English using Greek: Flashback to Zolotas’ historic speech
ART
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ART
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Speaking English using Greek: Flashback to Zolotas’ historic speech

Panos - Feb 14, 2018

As Greeks all over the world marked the International Greek Language Day, many recall the speeches in English — peppered…

Not the time to discuss Greece after bailout, Commission says
FINANCE
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FINANCE
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Not the time to discuss Greece after bailout, Commission says

Panos - Feb 14, 2018

Greece and its creditors will discuss the appropriate type of post-programme surveillance of the country or any support arrangement “at…

TAP pipes welded along 80% of route in Greece, Albania
FINANCE
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FINANCE
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TAP pipes welded along 80% of route in Greece, Albania

Panos - Feb 13, 2018

Pipes for construction of the Trans Adriatic Pipeline (TAP) have been welded along more than 80 percent of the pipeline’s…

Wieser: Greek crisis in 2015 actually cost country 200 bln€ in damages
FINANCE
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FINANCE
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Wieser: Greek crisis in 2015 actually cost country 200 bln€ in damages

Panos - Feb 13, 2018

Former Euro Working Group (EWG) head Thomas Wieser on Monday struck again in relation to the Greek crisis era, especially…

BoG Gov. Stournaras again calls for precautionary credit line after bailout ends in Aug.
FINANCE
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FINANCE
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BoG Gov. Stournaras again calls for precautionary credit line after bailout ends in Aug.

Panos - Feb 13, 2018

Influential Bank of Greece (BoG) Gov. Yannis Stournaras on Monday repeated his position that a precautionary credit line would assist…

Parliamentary Committee on Novartis Case to be Decided after Clean Monday, House Speaker says
FINANCE
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FINANCE
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Parliamentary Committee on Novartis Case to be Decided after Clean Monday, House Speaker says

Panos - Feb 12, 2018

The preliminary parliamentary committee to investigate the Novartis case will be decided after Clean Monday, Feb. 19, said House Speaker…

EU economy commissioner talks Greek bailout, Germany, and Portuguese austerity
FINANCE
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FINANCE
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EU economy commissioner talks Greek bailout, Germany, and Portuguese austerity

Panos - Feb 09, 2018

In the midst of constant change across the EU, the pressures on the economy are always a challenge. Euronews met…

EU Court says tax-free fuel at border stations with third countries violates community law
FINANCE
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FINANCE
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EU Court says tax-free fuel at border stations with third countries violates community law

Panos - Feb 09, 2018

The European Court this week ruled that the sale of fuels without the imposition of a special consumer tax at…

Greece returns to markets again on Thurs. with 7-year bond
FINANCE
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FINANCE
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Greece returns to markets again on Thurs. with 7-year bond

Panos - Feb 09, 2018

Greece returned to the markets on Thursday with a seven-year bond, an offering that was only temporarily postponed earlier in…

Greece to borrow 3bn euros at 3.5% from markets
FINANCE
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FINANCE
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Greece to borrow 3bn euros at 3.5% from markets

makis - Feb 08, 2018

Greece will borrow 3 billion euros at a 7-year 3.5% yield after the offer book closed with bids close to…

Fuchtel reveals Greek-German Assembly plans for Greeks in Germany
FINANCE
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FINANCE
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Fuchtel reveals Greek-German Assembly plans for Greeks in Germany

Panos - Feb 08, 2018

The Greek-German Representative Assembly (DGV) will reach out to the Greek communities in Germany over the coming period in order…

Moscovici: ‘Light at the end of the tunnel’ appears for Greece
FINANCE
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FINANCE
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Moscovici: ‘Light at the end of the tunnel’ appears for Greece

Panos - Feb 08, 2018

Visiting European Commissioner Pierre Moscovici, one of the more pro-Greek leaders in the EU, told his hosts on Wednesday that…