All News on Sports in Greece
Merkel and Greece: How cartoonists see their relationship
A funny look at German Chancellor Angela Merkel's relationship with Greece as it has captured the attention of cartoonists from around the world.
Sharp drop for Dow after Greece's B-
Following the announcement of S&P lowering the long-term sovereign credit rating for Greece to B-, markets posted an immediate negative reaction.
More specifically, Dow Jones dropped by 0.31% at 17.829 units, while S&P 500 noted a -2.21% decrease at 2.058 units.
At the same time the Euro fell by 1.4% against the dollar.
Greece must take bitter pill like Portugal, economy minister says
By Axel Bugge & Sergio Goncalves
Portugal went through years of tough austerity which is now bearing fruit and Greece too must abide by its commitments to its single currency partners and creditors, Portugal's economy minister told the Reuters Euro Zone Summit.
Euro working group currently in progress
Despite a slight delay, a Euro working group session finally commenced in Brussels on Thursday.
According to reports, there’s a possibility of convening an extraordinary session on Greece, a day before the European Council meeting on Feb. 11.
Reds on top at Basket League's halfway point
By George Georgakopoulos
Panathinaikos and PAOK had narrow escapes on the road at the last round of games in the Basket League?s first half, that also saw Olympiakos stroll past Panelefsiniakos to claim the informal title of the winter champion.
Goals by Dossevi and Maniatis keep Olympiakos on top
By George Georgakopoulos
Olympiakos and PAOK scored hard-fought home wins on Sunday to stay in the lead of the Super League race, while third-placed Panathinaikos stumbled at Panionios on Saturday.
Euroleague triumphs for Reds and Greens
By George Georgakopoulos
Olympiakos extended its perfect record in the second round of the Euroleague with a 74-68 triumph at Fenerbahce in Turkey on Friday, while Panathinaikos produced one more emphatic home win, this time over Zalgiris Kaunas with a 77-58 score.
Report argues 2004 Games boosted GDP
Gross domestic product would have been 2.5 percent lower and employment would have been reduced by 44,000 jobs had the 2004 Olympic Games not been staged in Athens, according to the conclusions of a report by the Foundation for Economic and Industrial Research (IOBE) on the event?s impact on the Greek economy.
ECB's Nowotny says Grexit would be catastrophe for Greece
European Central Bank policymaker Ewald Nowotny thinks that a Greek exit from the eurozone would be a disaster for Greece, he said on Monday.
"For Greece it would a catastrophe, for the other euro countries a massive problem," Nowotny said an event in Vienna.
Ex-Olympiakos, Aris and Iraklis basketball star Tarpley dies at 50
By Terry Wallace
Roy Tarpley, the former Dallas Mavericks star center whose NBA career was cut short by drug abuse, died Friday. He was 50.
Tarpley had played in Greece for Olympiakos as well as Aris and Iraklis in Thessaloniki.
LNG Capital closing bets against Greek bonds on euro confidence
By Katie Linsell
LNG Capital LLP, a London-based hedge fund that focuses on credit markets in western Europe, says concerns Greece could exit the euro are overdone and it?s closed some trades betting the nation?s debt will fall.
Don't believe the hype: Why Germany needs Greece to stay in euro
By Simon Kennedy
Don?t believe the hype.
A reading of the German press suggests Chancellor Angela Merkel is at peace with the idea of Greece quitting the euro. Der Spiegel says her government views that as a manageable outcome; Bild reports that officials are preparing for the prospect. Lawmaker Michael Fuchs says Greece is no longer a threat to financial stability.
UK, Greek election anxiety may see Brexit feed Grexit
By Mike Dolan
British elections in May could arguably have as much impact on euro zone stability as this month's snap poll in Greece, making for an anxious period of up to six months for European investors.
Greek non-contagion is German 'wishful thinking,' says Hayman Capital Management's Kyle Bass
By Saleha Mohsin
Germany is wrong in its contention that a Greek exit from the euro won't spread to other members of the currency bloc, Hayman Capital Management LP's Kyle Bass said.
SNB's main scenario is for Greece to remain in euro, Jordan says
By Catherine Bosley
Swiss National Bank President Thomas Jordan said he doesn?t expect Greece to leave the euro area and warned of risks associated with such a move.