Citigroup on Monday raised its estimate of the likelihood of a Greek exit from the euro area over the next 18 months to 50% from a prior range of 25% to 30%, according to the bank's latest "Global Economics...
ATHENS – After weeks of anguish, Greeks found out that international lenders providing the country with a series of bailout loans will release a delayed $11 billion installment needed to keep paying workers and pensioners, but it curiously did...
With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]
The analysts of Citigroup are not certain about the sovereign default of Greece or its exit from the Eurozone, according to a relevant report. Nevertheless, it is underlined that there are some substantial dangers and apprehensions that should be...
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