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Greece Raises $3 Billion by Reissuing 5-Year and 30-Year Bonds

Greek Finance Minister Christos Staikouras announced the successful reissue of Greece's 5-year and 30-year bonds. These bonds allow investors to invest in the Greek government's sovereign debt for the next 5 or 30 years, depending on which bond they...

Euro 2020: England Reaches Final for the First Time in History

Euro 2020: Millions of England fans are out in the streets celebrating their country's first ever presence in a Euro final. England was the dominating force throughout the majority of the game and though Denmark opened the score with...

Euro 2020 Quarter-Finals: Italy Edges Belgium 2-1

Italy knocked out FIFA top ranked Belgium by two goals to one, continuing their spectacular performances in the Euro 2020. The Mediterraneans scored twice in the first half with Nicolo Barella (31') and Lorenzo Insigne (44') while Belgium found...

Croatia and Bulgaria Enter Process to Convert to Euro

The Balkan states of Croatia and Bulgaria have entered the European Central Bank's program for nations which would like to adopt the euro as their official currency, according to a recent statement from the Bank. The two nations have joined...

Coronavirus: UEFA Postpones Euro 2020 Championship for One Year

The latest ''victim'' of the global Covid-19 coronavirus pandemic on Tuesday was the Euro, Europe's most well-known and beloved football championship for its national teams. The UEFA European Football Championship, as it is officially known, was scheduled to begin on June...

Greece Issues Commemorative Coins for 2500th Anniversary of Battle of Thermopylae

Greece will soon issue two commemorative coins to mark 2500 years since the historic battle of Thermopylae, fought in 480 BC. Their official announcement took place recently in Berlin, during the event called the ''World Money Fair 2020,'' which was...

Could 2020 Signal the End for the 1 and 2 Euro Cent Coins?

The fiscal authorities of the European Union are considering the possibility of abolishing the coins which represent the value of one and two euro cents, according to an EU document that recently became public. The European Commission is thinking about...

New Book Reveals How Grexit Was About to Become Reality in 2015

A new book published on Thursday about the history of the European Stability Mechanism (ESM) reveals new details of how Greece's exit from the Eurozone was on the table for negotiations in 2015. Perhaps most surprisingly, this was the...

Eurogroup to Discuss Greek Economy After National Elections

It is highly improbable that issues involving Greece will be discussed at Thursday's Eurogroup in Luxembourg, a top Eurozone official said on Wednesday to the state-run AMNA news agency. AMNA quotes the same official as saying that the third report...

Despite Financial Crisis, Greece Still Better Off In the Eurozone

The Center for European Policy (CEP) published a study on Monday which states that Greece added €2 billion to its economy in the sixteen years between 2001 and 2017. This figure is of course quite low compared to other Eurozone...