EU
Economy
Samaras Says The End (Of Crisis) Is Near, But Skeptics Abound
After selling its first sovereign bond since seeking international bailouts four years ago, Greece has shown that it has taken a "decisive step to exit the crisis," Prime Minister Antonis Samaras said the issuance of a five-year instrument for...
Europe
Greece and Bulgaria: Worst Public Transport in Europe
For the very first time, the European Commission published today, a scoreboard concerning transport in the EU.
The table compares the performance of Member States in 22 categories related to transport and in most of those categories it identifies the...
Economy
First Greek Bond In Four Years Brings 4.75% Rate
Greece's first cautious return to bond markets has come with a 3 billion euro ($4.15 billion) five-year instrument that has brought a yield of 4.75 percent, far below what had been paid during the height of a crushing economic...
Cyprus
Cyprus Eyes 2015 Bond Market Return, Wary Of Russia Sanctions
Cyprus President Nicos Anastasiades on Wednesday told Reuters he expects the republic to return to international bond markets in late 2015, and does not exclude testing investor appetite even sooner.
“We hope to be in a position to enter the...
Economy
Greece Readies First Bond Since 2010
Just a couple of days after Finance Minister Yannis Stournaras said the government wasn't ready to issue its first long-term bond in four years, Greece is ready to do so on April 10, a day before German Chancellor Angela...
Economy
Mitsotakis Says Greece Back, Lower Interest Rates Key
Greek Administrative Reform Minister Kyriakos Mitsotakis, the man in charge of firing thousands of public workers in an austerity drive, said the big spending cuts and tax hikes are paying off with a looming recovery that will be buoyed...
Economy
Stournaras: No Rush For Bond Markets
With the investment seemingly ready to embrace the first Greek bonds since the country went into a crushing financial crisis four years ago, Finance Minister Yannis Stournaras said it won't happen soon.
"We will return by the summer, within the...
Economy
Schaeuble: No Haircut in Greece But New Bailout Possible
The reports of Greece's return to life may be greatly exaggerated.
Despite the impending release of a long-delayed 8.3 billion euro installment from international lenders and a primary surplus of as much as 2.5 billion euros, Greece may yet need...
Economy
Schaeuble Says Greeks Can't Blame Others For Their Fiscal Woes
German Finance Minister Wolfgang Schaeuble, whose country has insisted on harsh austerity measures in return for contributing to international bailouts propping up the Greek government, said Greeks should be praised for their sacrifices but not blame Germang or the...
Greece
Tsipras: Europe Needs "New Deal"
Taking a page from former U.S. President Franklin Delano Roosevelt, Greece's major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said Europe needs to find another way to deal with its economic problems and austerity pushed on...