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US Cancels $6 Billion of Student Loans
The US Department of Education has agreed to cancel $6 billion worth of student loans for over 250,000 people as a result of a...
US to Revoke Russia’s Most Favored Nation Trade Status
President Joe Biden will announce on Friday that the US will revoke the coveted most favored nation trade status for Russia over its invasion...
Greece in Race to Reduce Energy Dependence on Russia
Greece is in a race to reduce energy dependence on Russia following Moscow's invasion of Ukraine, Prime Minister Kyriakos Mitsotakis said on Tuesday.
Speaking in...
Acropolis Museum Loans Kore Statue, Other Artifacts to Toronto
Starting on March 12, 2022, visitors to the Royal Ontario Museum (ROM) in Toronto, can experience Kore 670 — a gift to a goddess,...
Greece Loans Statue to Italy in Return for Parthenon Gesture
Greece loaned a statue of Athena from the Acropolis Museum to the Antonino Salinas Regional Archaeological Museum in Palermo, Italy on Wednesday.
The statue, which...
Fitch Changes Greece’s Credit Outlook to Positive
Credit ratings company Fitch bumped Greece's credit outlook from stable to positive on Friday. The country's rating remains at BB, which is two ranks...
Piraeus Bank Presents Healthy Outlook as it Cuts Exposure to Bad Loans
Piraeus Bank, one of Greece's four biggest lenders, reported a significant drop in its exposure of bad loans on Friday.
“Our NPE (non-performing exposures) reduction...
France Loans Raphael’s School of Athens Masterpiece to Greece
France donates the magnificent tapestry depicting the the School of Athens to Greece to commemorate the Bicentennial of the Greek Revolution.
ECB: Greece Should Complete Reforms to Help Banks Reduce Bad Debt
Greece should complete the reforms needed to help banks reduce bad debt and deal with the impact of the COVID-19 pandemic, the European Central...
Greece Repays Expensive IMF Loans Early
Greece has completed the early repayment of the high-interest part of an outstanding International Monetary Fund loan worth 2.7 billion euros ($2.9 billion) on...