Economy
Europe index futures rise as investors watch Greece developments
European stock-index futures climbed, indicating equities may advance, as officials prepared to begin talks on Greece.
G-20 meetings end under the shadow of oil prices
Finance ministers and central bankers of the Group of 20 countries (G-20) covered a number of global issues over the last three days in Istanbul. The G-20 leaders tried to find joint solutions to the economic slowdown in many advanced economies, mainly in the eurozone and Japan, under the pressure of low inflation rates.
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Now Finance Ministry steps back from OLP sale tender
By Nikos Roussanoglou
The Finance Ministry attempted to backtrack on the issue of the privatization of Piraeus Port Authority (OLP) on Tuesday, releasing a statement to revise what senior ministry officials had said a day earlier.
Greece says cannot exclude clash in EU negotiations
Greece is not seeking a clash with its European partners but cannot exclude one, its finance minister said on the eve of a crucial eurozone finance ministers? meeting to discuss the country?s future.
Ex-Greek PM threatens action over Falciani's allegations
Former Prime Minister George Papandreou threatened legal action on Tuesday against anyone reproducing an extract from a soon-to-be published book by Herve Falciani, the former HSBC employee who leaked the details of thousands of depositors to authorities, including the Greeks included on the so-called Lagarde list.
S&P, Fitch issue warnings on Greek bank ratings
Ratings agencies Fitch and Standard & Poor?s on Tuesday warned on the long-term ratings of four Greek banks as uncertainty surrounds Greece getting financial support from the European Central Bank.
Fitch placed the long-term ratings of Alpha Bank, Eurobank, National and Piraeus on negative watch.
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Germany tempers market hopes of quick Greece deal
Germany?s finance minister took a tough line against Greece over its bailout on Tuesday, tempering market hopes that a deal between Athens and its European creditors was in the works.
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Euler Hermes Sees Bulgaria's Growth Picking Up Pace, Opens Sofia Office
France-based trade credit insurance provider Euler Hermes said it has opened an office in Sofia to provide its services to Bulgarian clients.
Euler Hermes Bulgaria will also contribute local business intelligence and underwriting skills to the insurer's international network.
Serbian citizen brought 20 million euros in HSBC in a suitcase
"Swiss Leaks" affair: Serbian tycoons were also hiding money in Swiss HSBC bank Serbian citizen brought 20 million euros in HSBC in a suitcase
Among numerous secret accounts in Swiss bank HSBC there are those belonging to some rich Serbian citizens.
HSBC, the UK's biggest bank, helped rich customers to dodge paying tax by allowing them to set up secret accounts in Switzerland.
Bulgarian Employers' Associations Threaten to Leave 'Useless' Tripartite Cooperation Council
Employers' associations have threatened to leave Bulgaria's National Council for Tripartite Cooperation (NCTC), stressing that it has degenerated into a non-functioning and meaningless entity.