Latest News from Greece
Varoufakis to Take Part in Meeting of Eurozone Finance Ministers
Greek Finance Minister Yanis Varoufakis has received the support of PM Alexis Tsipras to participate in the upcoming meeting of the finance ministers in the Eurozone.
The statement was made by Government Spokesperson Gabriel Sakellaridis, as reported by Katimerini daily newspaper. He announced that the Finance Minister has always had the full support of PM Tsipras.
EC says 0.5% Greek growth in 2015 and debt at 180.2%
Brussels warned on Tuesday that if Athens continues on the current course there will be no growth in the coming year and a return to soaring national debt levels after slashing forecasts for Greece. The European Commission’s forecasts, based on the status of bailout talks two weeks ago, dependent on Athens reaching a deal to secure €7.2bn benchmarked for the country in bailout financing by Jun
Dragasaki offers Draghi 14-bln-euros worth of austerity
Deputy Prime Minister Giannis Dragasakis is unveiling new measures during his meeting with European Central Bank Chief Mario Draghi in Frankfurt on Tuesday in an effort to unlock funds required for Greece. The new measures are aimed at yielding 10-12 bln euros worth of revenue over the next two years, whereas cutbacks worth 1-2 bln euros will also be presented.
Delivery Hero buys out Turkey's food ordering firm Yemeksepeti for $589 million
Delivery Hero, the Germany-based online food ordering giant, has acquired Turkey?s Yemeksepeti, the leading local firm in the business, for $589 million, the companies announced on May 5.
Yemeksepeti CEO Nevzat Ayd?n told Hürriyet that he will remain in his post as he will also be part of the management team of Delivery Hero.