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Credit Suisse: Bad & Good News for Peripheral Europe

Credit Suisse said on Tuesday that there are both good and bad news for the European periphery. The bank noted that there will be more...

EU Considers Greek Debt Buyback as ‘Reprofiling’

The European Union, European Central Bank and the International Monetary Fund are set to agree on a three-step plan that will help Greece “re-profile”...

Greek MinFin: Bond Buyback Plan Under Discussion

The Greek Finance Minister said on Friday that a European initiative allowing the Greek government to buy back outstanding debt is being discussed, according...

IMF & EU Inspectors in Athens to Review Greek Finances

A delegation of European and International Monetary Fund officials arrived in Athens Thursday to decide on Greece’s eligibility to receive the next installment of...

83rd Academy Awards Nominations Announced; “Dogtooth” Included

Nominations for the 83rd Academy Awards were announced today (Tuesday, January 25) by Academy of Motion Picture Arts and Sciences President Tom Sherak and...

Bloomberg: Greek Debt Repayment Depends on Real Estate Sales

Greece’s debt repayment depends on state-owned real estate sales, according to a Bloomberg report. “When the Greek government swapped land with a Byzantine monastery on...

Reuters: Greek Debt Restructuring isn't Expected Soon

Reuters claims that Athens is not expected to ask for debt restructuring any time soon, according to an analysis. Greece will never be able to repay...

Goldman Sachs: Greek Bondholders Unlikely to Get Paid Back in Full

Goldman Sachs said that Greek bondholders are unlikely to get all their money back on schedule unless borrowing costs fall, according to Bloomberg. Andrew Wilson,...

Istanbul Photo Exhibition Displayed in Thessaloniki

The Bosporus, the imposing bridges, the busy port, the impressive roads and Istanbul of the early 20th century, are presented in a photo exhibition...

Greek Prosecutor Sends Goldman Sachs-Simitis-Swaps Case to Parliament

Supreme Court Prosecutor Ioannis Tentes on Monday forwarded to Parliament, a law suit filed by an Austrian economist.  The lawsuit is against international bankers Goldman...