Greece
Economy
No White Smoke for Greece in Talks with Creditors, New Proposals to Table at Eurogroup
Greek Prime Minister Alexis Tsipras completed yet another fruitless meeting with the chiefs of the troika of lenders under tremendous pressure to seal an agreement before facing other European Union leaders at a summit later on Thursday in Brussels.
There...
Business
Which Tourists Are Most Disappointed By Their Vacation in Greece?
Swedish tourists appear to complain more than any other after their visit to Greece, while most of them stated they were unhappy with Greek restaurants and hotels. The information was made public at an event to mark the 10th year...
Greece
Pharmaceutical Firms Artificially Manipulate Drug Availability, Greek Institute Claims
Big multinational pharmaceutical companies are engineering artificial drug shortages in Greece by arbitrarily adopting "ceilings" for drugs sold per pharmacy and demanding personal data on customers and patients, the Pharmaceutical Development Institute of Greece (FANIE) asserted on Wednesday.
FANIE claimed...
Economy
Creditors Give Greece Ultimatum and Deadline, All Outcomes Possible
Greece is facing an ultimatum by creditors and Prime Minister Alexis Tsipras is racing with time as a Eurogroup session is scheduled at 2:00 pm and the two negotiating teams must have reached a staff level agreement by then.
Wednesday...
Economy
Could Greece’s Debt and Bailout Plan Be Illegal?
guest -
By Belén Olmos Giupponi*, University of Stirling
As Greece and its international creditors race to agree on a bailout deal, the issue of the legality of Greek debt has been raised. The Greek parliament’s Truth Commission on Public Debt has released...
Economy
What Do I Think of the New Greek Austerity Plan?
guest -
This week the Greek government sent its new proposals for austerity to Brussels. We asked a financial analyst and investment advisor to tell us his thoughts on the new Greek package that is now being discussed in Brussels as a basis...
Economy
Eurogroup: No Decision on Greece, Tsipras and Institutions to Meet Again
Another euro area summit failed to seal a deal for Greece. Finance Ministers are gathered in Brussels for the third time in a week, although they have no formal paper to discuss as Greece and creditors have reportedly rejected...
Economy
No Results After Tsipras' Meeting with Institutions – Greek Talks to Be Repeated on Thursday
Eurozone Finance Ministers arrived for a Eurogroup meeting on Greece but exited shortly after since talks between Greek Prime Minister Alexis Tsipras and the institutions ended without a conclusive result.
Diplomatic sources said the talks will be repeated on Thursday.
Tsipras made...
Greece
Greece's Migrant Naturalization Bill Expected to Pass in Principle But without ANEL Support
The government's bill on Greek citizenship and naturalization of second-generation migrants looks set to be passed in principle by Greece's Parliamentary plenum on Wednesday, though without the backing of junior coalition partner Independent Greeks (ANEL).
The bill is supported by opposition parties...
Economy
Chinese Premier Expresses Hope for Success in Greek Talks
Chinese Premier Li Keqiang expressed hope on Wednesday for a successful outcome in negotiations between the Greek government and creditors, so that the country remains in the Eurozone. The Chinese Premier also expressed support for the process of European integration, saying...