Greece
Economy
Former Greek PM Will Take Legal Action Over 'Lagarde List' Allegations
Former Prime Minister George Papandreou threatened legal action on Tuesday against anyone reproducing excerpts from a forthcoming book by former HSBC employee Herve Falciani, who claims Papandreou was blackmailed into signing Greece's bailout.
The title of the book to be...
Greece
Poll Shows Six in 10 Give Government 'Vote of Confidence'
Nearly six in 10 Greeks give the government a "vote of confidence" according to the findings of an ALCO poll unveiled on Tuesday, on the website topontiki.gr
Replying to a question "Would you personally give the Greek government a vote...
Greece
The First Greek Leftist Gov't Secures Parliamentary Vote of Confidence Ahead of Critical Eurogroup
Yet another historic event occurred tonight in the Greek Parliament, where the SYRIZA-led coalition government, the first leftist government in the history of Greece, secured its first parliamentary vote of confidence after the January 25 snap elections. The newly...
Economy
Greek FinMin Varoufakis: Greece is Entering the Post-Bailout Era
Greek Finance Minister Yanis Varoufakis, while addressing the Parliament, declared that Greece is on the brink of the post-bailout era and also fixes the mistakes that caused the country's depression. "With tonight's vote of confidence, Greece is entering the 'post-bailout' era,"...
Economy
European Commission: 'Low Expectations for a Final Agreement at the Eurogroup'
There are low expectations that any final agreement will be reached at the Eurogroup on Wednesday, European Commission spokeswoman Mina Andreeva said on Tuesday.
"We have low expectations that any final agreement will be reached tomorrow or at the European...
Business
CIPA President: Cyprus Is an Attractive Investment Destination
His belief that Cyprus, despite the crisis, remains an attractive investment destination due to its competitive advantages, among which is the island's location, expressed today the President of Cyprus Investment Promotion Agency (CIPA), Christodoulos Agastiniotis. Addressing the annual Cyprus...
Economy
Schaeuble Pours Cold Water on Market Expectations for a Greek Deal
Media reports citing a six-month extension of the Greek program generated a lightning quick denial by German Finance Minister Wolfgang Schaeuble, who spoke after the G-20 meeting in Istanbul today.
According to Bloomberg, Schaeuble said such reports are “false.”
A plan...
Business
December Exports in Greece Better than Anticipated
Even the most optimistic of projections were surpassed by the Greek exports recorded in December 2014, significantly reducing the decline records of the first nine months of the past year. As the Panhellenic Exporters Association (PEA) announced, the total...
Greece
Demis Roussos' Greek Villa On Sale for 2M Euros
Just a few days after famous Greek singer Demis Roussos passed away, his luxurious house has already been put on sale. The famous singer’s two children, Emily and Kyrillos, have decided to sell their father’s masion, located in the Athens suburb...
Greece
What if the Greeks Are Really Entitled to War Reparations?
"What if the Greeks are really entitled to war reparations?" This is the title of an article published today by German newspaper Bild. As it highlighted, Greek Prime Minister Alexis Tsipras is willing to finance the social program his...