Late-2000s financial crisis
Greek money outflows abroad seen much smaller than feared
London-based research firm CrossBorder Capital said on Thursday money flowing out of Greece on worries over the new leftist government's standoff with its eurozone lenders has been much lower than feared.
This is despite a sharp decline in bank deposits and suggests the money still in the economy.
Tsipras Reaffirms Anti-Austerity Policies
The newly elected Greek Prime Minister Alexis Tsipras, a member of the left-wing SYRIZA party, announced further measures to restore the country's stability on Sunday, in contradiction with the bailout plan outlined by EU partners.
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Greece's growth-linked debt plan may face legal obstacle, says lawyer
By John Geddie
Greece's plans to make its debt more manageable by swapping rescue loans for growth-indexed bonds may be deemed illegal under European Union rules, according to a lawyer who worked on the country's 2012 debt restructuring.
Greek uncertainty weighs on low-rated eurozone bonds
Low-rated eurozone bond yields edged higher on Tuesday as investors waited anxiously to see whether Greece's new anti-bailout government would clash with their European Union partners.
Government to Discuss New Bank Law
Bulgaria's Government will discuss on Wednesday a new bank law which will provide better guarantees for the bank deposits, reports the bTV national channel.
The law was drafted by the Finance Ministry and will introduce the EU rules for deposit guarantees.
The guaranteed sum will remain the same - EUR 100 000 or their equivalent.
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Greece may need some more time for last credit tranche, says Schaeuble
Greece may need some more time before the last bailout credit tranche can be disbursed by international lenders, German Finance Minister Wolfgang Schaeuble said on Monday in Brussels.
Greek 10-year yields drop to 8.02 pct
Greeces bonds rose on Monday after the country was reported to be considering a role for the International Monetary Fund in its next aid deal with its creditors.
Greek 10-year yields dropped 32 basis points to 8.02 percent.
[Bloomberg]
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Greece says EU/IMF lenders disagree with 2015 budget deficit estimate
Greece's EU/IMF lenders disagree with the government's prediction that it will meet its budget deficit target for next year, the deputy finance minister said on Friday as he unveiled a revised 2015 budget plan.
"The (EU/IMF) troika has different estimates," Christos Staikouras told reporters. "They see a fiscal gap for 2015."
S&P upgrades Cyprus on bailout deal commitment
Rating agency Standard & Poors gave Cyprus a pat on the back with a one-notch upgrade to its credit grade, to B+, citing its commitment to the terms of its bailout program and better-than-expected economic growth.
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Tax revenues up by 1 bln euros in 2nd quarter, public sector wages down
Tax revenues increased by nearly 1 billion euros in the second quarter of this year, according to data released on Friday by the Hellenic Statistical Authority (ELSTAT) on Friday while public sector workers' salaries were cut again.