All News on Economics in Greece
Swift market comeback could be game-changer for Greece
By Marius Zaharia
Greece could be on the verge of making one of the fastest market comebacks of a defaulted sovereign ever recorded.
Dijsselbloem says EU to decide Tuesday on pace of Greek payouts
By Corina Ruhe, Nikos Chrysoloras & Rebecca Christie
Euro area finance chiefs will decide tomorrow on the amount and pace of Greeces next aid payments, Dutch Finance Minister Jeroen Dijsselbloem said.
Greece’s bonds beat peers on route back to market
By Anchalee Worrachate
Greek and Portuguese government bonds beat their euro-region peers this quarter as the countries made progress toward returning to international credit markets.
Dijsselbloem says Greek debt relief 'after summer' may include extending loans
By Corina Ruhe
Dutch Finance Minister Jeroen Dijsselbloem said Greeces international creditors will decide after the summer on possible further aid, including extending the maturity of existing loans.
EU finance ministers to examine bloc’s ‘major social problems’
By Ian Wishart
Tackling unemployment and poverty should be a priority for European policy makers in order to cut public debt and boost growth, according to a paper to be discussed by European Union finance ministers.
Markets ready to welcome Greece back
International investors continue to underestimate political risk, but this has not diminished at all
By Dimitris Kontogiannis
World Bank prepares plan for low income groups
By Katerina Sokou
The World Bank is working toward aiding low income groups in Greece by offering the government its know-how following the latters request for help, a senior official at the international financial institution has told Kathimerini.
France's Moscovici optimistic on Greece
By Alexia Kefala
There is speculation in Paris that Finance Minister Pierre Moscovici may abandon his post to become a “super commissioner” in Brussels. In an interview with Kathimerini, ahead of a visit to Greece, Moscovici says that, in any case, he is keeping a close eye on developments regarding the Greek economy.
Alpha sells bulk of new shares to US and UK buyers
US and British investors bought the bulk of Alpha Banks 1.2-billion-euro new share issue, it said on Friday, providing further evidence that foreign investors are warming to Greece.
Peripheral bank bond penalty vanishing as confidence returns
By Alastair Marsh
The penalty that banks in Europes most indebted nations pay to borrow compared with those from the richest economies fell to the lowest in four years amid growing confidence in the regions economic recovery.
Eurozone not preparing third Greek bailout so far, says official
BY Jan Strupczewski & Martin Santa
The eurozone is not making any preparations for a third bailout for Greece and will consider it only if expressly asked by Athens, which has not happened so far, a senior eurozone official said on Thursday.
Eurozone and IMF ready to approve tranches of 11.9 bln
Decision hinges on Greek Parliaments voting on the multi-bill
A simple market rule
The international markets have learned to show their trust through the way they invest their money. When they have confidence in the abilities and prospects of a certain country, they invest in it. When they smell risk, however, they tend to run away.
Stournaras spells out ‘no more taxes’
Trial bond issue will likely come after the European elections, while needs are covered up to May 2015
By Sotiris Nikas
Greek unions to hold general strike on April 9
Greece's largest public sector union says it will join a nationwide general strike April 9 to protest austerity measures. The move means that the walkout will affect all private and public sector services.
The ADEDY union said Thursday it was joining the strike call issued by the GSEE union a few days ago.