Euro

Sunday's Greek elections had more than one winner. In fact, several winners emerged from the ballot, some completely unexpected. SYRIZA scored the first victory of a leftist party in Greek history. Next to SYRIZA, the full of contradictions Independent Greeks...

SYRIZA leader Alexis Tsipras is practically the new Prime Minister of Greece spearheading a new coalition government formed by SYRIZA and Independent Greeks (ANEL). At 11.30 a.m. local time Panos Kammenos announced publicly his support and partnership in the new coalition...

SYRIZA leader Alexis Tsipras is expected to become the new Prime Minister of Greece spearheading a new coalition government of SYRIZA and Independent Greeks (ANEL). The SYRIZA leader, along with Independent Greeks leader Panos Kammenos, campaigned on anti-austerity promises and reversing...

The victory of Greece's anti-austerity SYRIZA party raised concerns in the global markets sending the Euro down to an 11-year low against the US dollar. The single currency dropped to $1.1098 EUR=, a level not seen since September 2003. International...

The announcement of the 1.1 trillion euros quantitative easing program by the European Central Bank brought a rise in the Athens Stock Exchange. The QE program announced yesterday by ECB President Mario Draghi had international markets on an upswing with...

In the past few weeks, the word "Grexit" plays daily in international media. A few days before Sunday's pivotal elections, that most likely will bring the first left-wing government in Greece, the drachma is back on the lips of...

French far-right politician and xenophobic Front National (FN) leader Marine Le Pen said earlier today that her party would rejoice if leftist main opposition SYRIZA wins the upcoming elections in Greece. As expected, the controversial statement caused numerous reactions...

The Swiss National Bank's move to lift the support of the Franc's exchange rate against the euro has caused a major upheaval and panic. Following the SNB announcement, panic prevailed in the markets with the Swiss currency strengthened by about 30% against...

An unexpected development came out earlier today from the Swiss National Bank (SNB). More than three years of stability (since 2011) between the European currency and the Swiss franc just ended today, when SNB abandoned attempts to cap the...

A few days after Spanish Finance Minister Luis De Guindos categorically denied that the critical January 25 Greek elections have any relevance with Spain, and just a few hours after the leader of leftist Podemos, Pablo Iglesias Turrion, sent...