Finance
Greek stocks rise after two-day drop on optimism over debt talks
By Cecile Vannucci
Greek stocks advanced on optimism the nation will come to a bailout agreement with its creditors.
Swiss prosecutor orders probe, search of HSBC offices
Investigators launched a search on Feb. 18 of British banking giant HSBC's Geneva offices as part of a money laundering probe following allegations the bank helped clients evade millions of dollars in taxes, Swiss prosecutors said.
Bulgaria's Parliament to Decide on New External Debt Proposal
Protests organized by the Bulgarian opposition are expected as lawmakers are beginning their session of a government proposal to take on fresh foreign borrowing worth BGN 16 M, or EUR 8 B.
Ministry explores passing health costs on to private insurers
The Health Ministry is thinking of forcing private insurance companies to pay for any hospital treatment that customers receive rather than allowing the state to pick up the largest part of the bill through the EOPYY healthcare provider.
Feb. 24 to be the first crunch day for Greek state coffers
February 24 is expected to be the first crucial day for state finances, as projections of cash flows see state coffers starting to run dry on that date.
Greek banks fall on concern of capital controls as aid talks end
By Elisa Martinuzzi & Stefania Spezzati
Greek banks fell in Athens trading after talks among euro-area finance ministers on extending the nation?s bailout ended abruptly, raising concern lenders may need to introduce controls to avert capital flight.
Four in 10 new pensioners aged under 62
By Roula Salourou
Four in 10 new pensioners who received their first pension this month are aged up to 61 years old, and some are as young as 51, according to data from the Helios register of the Labor Ministry.
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Investors opt for mutual funds
Deposit outflow finds its way to foreign investment products and to bank accounts in lenders based abroad
By Evgenia Tzortzi
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Turkey has good growth prospects compared with BRICs: Fitch
Turkey is a large emerging market with good growth prospects relative to most of the BRICs, the senior director of global rating agency Fitch Ratings has said.
Speaking to Anadolu Agency Feb. 16, Fitch Ratings Senior Director Paul Rawkins said the risks lie mostly on the external side for the country.
Greece risk eclipsed as stimulus fosters greed in Europe's credit markets
By Katie Linsell and Sally Bakewell
The battle between fear and greed in Europe?s credit markets is over as Mario Draghi?s quantitative easing ensures that not even the threat of a Greek exit from the euro is endangering risk appetite.