Eurozone
Economy
Georgiadis Warns: Pass Bill or Euro Exit
Resorting to the government's trump card when it needs lawmakers to go along with tough measures, Health Minister Adonis Georgiadis said unless the Parliament passes a multi-bill agreed with international lenders that Greece could be pushed out of the...
Business
Greek-Chinese Group Ups Hellenikon Bid
Greece's gamble that the only bidder for the abandoned and neglected former Hellenikon Airport site on Athens' coast wouldn't walk away after the government insisted on a higher bid has paid off.
The country's state privatization agency said that Lamda...
Economy
Greece's Inflation –0.9 Percent, Eurozone at Record Lows
Data released Monday shows Greece and Cyprus trailing as eurozone consumer inflation once again slowed to its lowest ever annual pace in February, matching a figure that in November caused an unexpected interest rate cut by the European Central Bank (ECB).
Updated Eurostat data showed...
Economy
Deadline Missed, Troika Talks Push On
Having missed a self-imposed deadline to reach an agreement with international lenders, Greek government officials were meeting with them again on March 17 trying to find a resolution over unresolved reform, although too late to get approval of a...
Greece
Greece, Champions of Unemployment
Eurostat’s data on unemployment in the EU show the nightmarish dimensions of Greek unemployment and revealed that unemployment in Greece went even more south in November 2013. The Greek unemployment rates for young people and females remain the highest...
Economy
Greek Economic Sentiment Hits Six-year High
Greece ’s economic sentiment index rose to 94.8 points in February from 92.6 points in January, the biggest increase since September 2008, according to the monthly report by the Directorate General for Economic and Financial Affairs (DG ECFIN) made...
Economy
Greece Sees Troika Deal At Hand
Even before talks were due to resume on Feb. 24 with envoys from international lenders, Greece's coalition government said it was confident of reaching a deal in talks that have sputtered for almost six months.
Representatives from the Troika of...
Economy
Tsipras Calls For Greek Debt Cut
Greece's main opposition leader is certain his party will be in power next year and his first order of a business will be to seek a cut in the $325 billion it owes international lenders. If that fails, SYRIZA's...
Economy
'Troika' Creditors to Return to Greece for Debt Talks
Greece's international creditors will resume talks with Athens this week to review progress on the economic reforms it must make to get debt aid funding, eurozone finance ministers agreed Monday.
"The Troika intends to return to Athens later this week,"...
Economy
Tsipras Says He'd Stiff The Troika
In a wordy statement, major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said if his party ever comes to power the first order of business will be to renege on the terms of two bailouts of...