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Bloomberg

Bloomberg Says Greek Economy Among "Most Miserable" in the World

  The Greek economy remains among the five most difficult economies in the entire world, according to Bloomberg survey published on Thursday. Despite official declarations that Greece has exited its ten-year crisis, Bloomberg finds that only Venezuela, Argentina, South Africa and Turkey...

Greece Unlikely to Get Reassurance in Clarity on the Debt Issue from Creditors

Following an Economist Conference that took place last Wednesday in Frankfurt, Yannis Stournaras, the governor of the Bank of Greece, warned that Greece's economy "cannot withstand the uncertainty of one more year on whether there is going to be some...

Greece Leads in Most Spent on Elderly Pensions Than Eurozone Counterparts

One of the biggest thorns in the negotiations between Athens and international bailout auditors is Greece's pension expenditure, highlights a Bloomberg report that presents a graph depicting the percentage of GDP spent on pensions by Eurozone countries. The report states...

Bloomberg: Greek FinMin Admits Grexit Still on Table

Greek Finance Minister Euclid Tsakalotos said that Greek bonds will soon be eligible for the European Central Bank's asset-purchase program, in an interview with Bloomberg. He pointed to the benefits of this, including the gradual recovery of investor confidence. Greece...

Eurogroup Chief Jeroen Dijsselbloem Talks from Both Sides of Mouth On Greek Debt and Pension Reform Proposal

Speaking on Bloomberg from Davos, Eurogroup chief and Dutch Finance Minister Jeroen Dijsselbloem described the Greek government’s pension reform proposal as a serious one, but then went on to say that “the numbers still do not add up,” reaffirming...

Official Document Part of the Referendum Question Mistranslated

Through an article entitled “Key Greek Referendum Debt Document Mistranslated” Bloomberg points out an important mistake that was made in the Greek translation of one of the two documents that Greeks are asked to approve or reject through the...

What Will Happen If Greece Does Not Reach an Agreement?

In an attempt to assess the future of Greece in case no agreement is reached before June 30, Bloomberg answered five critical questions. If the Greek side and the country’s creditors are not able to reach an agreement over the...

Foreign Media Reports on the End of Negotiations

The negotiations between Greece and its creditors came to an abrupt end on Sunday, June 14, so Greece is now entering a critical and decisive week. According to Bloomberg after a 45-minute meeting in Brussels, the differences that still separate...

Bloomberg: 'Greeks Depart On Odyssey For Jobs'

The relocation of human capital has "bleeding" dimensions for Greece, a country that is steadily losing its "creme de la creme", journalists Flavia Krause-Jackson and Jordan Yadoo refer in their article entitled "Greece Is Hemorrhaging Its Most Talented Workers" recently published in...

Austerity Themed Street Art in Athens

Through an extensive photographic article, entitled “Athens: A Canvas for Austerity-Themed Street Art,” the news agency Bloomberg presented several works of art found in the streets of the Greek capital that were inspired by the economic crisis. The article noted...