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European Firms Plan for Greek Euro Exit
British electrical retailer Dixons has spent the last few weeks stockpiling security shutters to protect its nearly 100 stores across Greece in case of...
S&P Raises Greece's Rating Out of Default
Standard & Poor's raised Greece's credit rating out of default territory on Wednesday, as expected after Athens slashed its debt by about a third...
Greek Economy Still Floundering, But Out Of Default
ATHENS – Greece may still be broke, but it’s not in technical default anymore. The ratings agency Standard & Poor’s raised the country’s credit...
S&P Raises Greece Ratings to ΄CCC΄ from SD
Standard & Poor΄s raised Greece΄s credit rating to low-speculative grade on Wednesday, lifting it out of default territory as expected, after Athens completed the...
Supreme Court Wants Bakoyianni Immunity Lifted for Probe
ATHENS – Greece’s Supreme Court said it will ask a new Parliament to be formed after May 6 elections to lift the immunity of...
IIF: Bond Swap Marks Important Step To Resolving Greek Crisis
The Institute of International Finance, a lobby group for the world's largest banks, welcomed the results of the Greek debt swap on Friday, saying...
Greek Debt Swap Sees 95.7% Participation With Clauses
The Greek government said it reached its target in the biggest sovereign restructuring in history, with a 95.7 percent participation rate among investors after...
Bakoyianni Says Her Husband Transferred 1M Euros to Buy Ship
ATHENS – With Greece abuzz about the identity of a Member of Parliament said to have transferred 1,000,000 euros ($1.34 million) abroad at a...
Repower Greece: The New Game Plan
My laptop always freezes when I need it most. When Firefox has at least ten tabs open, when Facebook chat has four heated conversations...
Fitch: Debt Swap Deal Would Still Cause Greece to Default
A debt swap deal will push Greece into temporary default irrespective of the size of investor losses, a senior analyst at Fitch Ratings said...