Latest News from Greece
Bloomberg: Former PM interested in being part of a Greek unity govt
Bloomberg reports that former conservative New Democracy (ND) prime minister Antonis Samaras, ousted by Radical Left Coalition (SYRIZA) Prime Minister in snap elections on January 25, 2015, states that he is willing to join a "unity government if the concessions required to win emergency loans drive a wedge through the ruling anti-austerity coalition."
Finding the balance between freedoms and fighting terrorism
The murder of Istanbul criminal prosecutor Mehmet Selim Kiraz in a raid on his office in the Istanbul Courthouse by two militants of the outlawed Revolutionary People?s Liberation Party-Front (DHKP-C) on March 31 triggered waves of trauma at a time when Turkey is heading for critical parliamentary elections on June 7.
Fitch downgrades ratings of four Greek banks
Fitch Ratings downgraded four Greek banks' long-term issuer default ratings (IDR) to 'CCC' from 'B-' on Wednesday, following the downgrade of the country's sovereign rating last week.
The downgrade reflected Greece's weaker economic prospects, which put the banks' asset quality and solvency at further material risk, the ratings agency said.