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Greek Hotels Plead For Help Amidst Despair Over TUI Debt

Greek hotel owners are facing huge losses this year as Tui AG, the largest leisure, travel and tourism company in the world, is deferring...

Greek 15-Year Bond Attracts Record Orders at Very Low Interest

With bids reaching a stunning 19 billion euros, Greece's first 15-year state bond offers book closed in very impressive fashion on Tuesday afternoon. The Greek...

Greek Economy Will See Higher Growth, Says Bank of Greece

Greece's economy will record higher growth rates under conditions in the near future, Bank of Greece governor Yannis Stournaras estimated in a Monetary Policy...

Debt Package is 'Credit Positive' for Greece, Says Moody's

A debt relief package offered to Greece by its creditors last week is a significant benchmark in Greece’s ongoing recovery from its deep government...

IMF Likely to Assume 'Advisory' Role After Greek Bailout Ends

Nobody is discussing the possibility of extending the Greek programme after Aug. 20, Greece's representative at the IMF Michalis Psalidopoulos has said. Speaking to the...