Greek government
Economy
JP Morgan: Greek Banks Will Not Have Any Liquidity Problems
Greek banks will not have any liquidity problems following the European Central Bank's (ECB) decision not to accept Greek bonds as collateral, as banks will use the Emergency Liquidity Assistance (ELA) mechanism, JP Morgan said on Thursday.
The US investment bank...
Greece
Greek Parliament Members Take Oath to Christ, Allah and their Honor
The members of the new Greek Parliament took the oath of office on Thursday, February 5, in the presence of Archbishop Ieronymos. The Archbishop of Athens and All Greece performed the standard benediction, and then the parliament members swore...
Economy
Greece's Cash May Run Out by March
Bloomberg predicts that Greece is facing the risk of running out of money with the next 20 days, according to an article entitled “Greece May Run Out of Cash as Early as March,” published on February 4.
“As Greece’s creditors line...
Economy
Greek Government Rejects Alleged German Proposals
Greek government sources estimated on Wednesday that the tough positions that were allegedly expressed by the German Finance Ministry in a leaked document made public by Reuters "prove that the German government has officially entered the negotiations."
The German government has...
Economy
Berlin Wants Greece to Remain Within Previously Agreed Program and Troika in Place
A German document leaked earlier today by Reuters, reveals that Berlin wants Athens' new leftist government to ditch its pre-election anti-austerity promises and remain within the framework of economic policies its predecessors have agreed with the country's international creditors if...
Cyprus
New Hope on the Horizon
Newly elected Greek Prime Minister Alexis Tsipras' visit to Cyprus was an overwhelming success. One that offered hope that things are about to change for the better. He has given hope but not only to the Hellenes across the...
Greece
'Greece: The End of Austerity? – Watch the New Movie on How SYRIZA Came to Power
"Syriza had 22 days to make history. This is how they did it," says director Theopi Skarlatos describing her latest documentary "Greece: The End of Austerity?"
"We followed Syriza's activists, candidates and leadership from the waterfront, to remote mountain villages, to...
Greece
Belgian PM Calls on Greek Government to Clarify its Program
Belgian Prime Minister Charles Michel on Monday called on the Greek government to clarify its program while he also expressed his support of European integration.
Addressing the annual meeting of the heads of the country's diplomatic missions, the Belgian Prime...
Business
Greek FinMin: We Won't Recall Privatizations due to be Completed
Greek Finance Minister Yanis Varoufakis appeared reassuring that the SYRIZA-led government does not intent to recall privatizations that are close to be complete, while he characterized the Chinese colossal shipping and logistics company Cosco investment in the Port of Piraeus as...
Economy
Business Insider: ECB Squishing Greek Banks to Reach a Deal With the Government
The European Central Bank (ECB) is constantly adding pressure to Greek banks, threatening to withdraw emergency funding if the country's government does not compromise. In a time that the newly elected leftist Greek government is attempting to renegotiate the...