The Greek debt crisis is said to threaten the survival of the eurozone and a global financial meltdown worse than the one set off by the collapse of Lehman Brothers in 2008; each new prediction of ...
Imagine the birthplace of democracy getting demoted to the economic minors. That’s exactly what happened in 2013 when Greece’s stock market was downgraded to emerging market status. What began as post ...
Our story begins in June 2000, a year and a half before all the Deutschmarks and French francs and Italian lire and Spanish pesetas were to be eradicated forever, and converted into euros. That was ...
BRUSSELS (AP) -- A dozen banks, insurers and investment funds holding Greece's bonds will participate in a massive debt relief plan for the country, the group representing private creditors in the ...
Under pressure from the IMF, eurozone finance ministers will consider major debt relief and fresh aid for Greece on Monday despite the deep reservations of bailout-weary Germany. Ministers from the 19 ...
Athens is humming with optimism as economists increasingly showcase a rosy picture of the economic future of the country. Having survived decades of tight austerity and foreign bailouts, Greece is ...
“As the base case is that Greece will stay in the euro area and there will be an agreement on debt relief after the German Bundestag election, I don’t think that the ‘Greek crisis’ will affect ...
Once regarded as Europe’s economic Achilles’ heel, Greece is now emerging as an unlikely success story. This remarkable turnaround is underpinned by positive growth rates outpacing the European Union ...
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