Search Results for: Greek economy
Brexit: All you need to know for UK’s EU referendum
June 13th, 2016
What is happening? A referendum is being held on Thursday, 23 June to decide whether Britain should leave or remain in the European Union. This article is designed to be an easy-to-understand guide – if you have any questions ...
Russia, Greece agree energy, oil cooperation of great importance
May 26th, 2016
Russia and Greece continue work on oil deliveries to Greece and Italy through third countries Russia and Greece consider as important their cooperation in the energy sphere and continue work on oil deliveries to Greece and Italy through third ...
Ryanair reported €1,242 million profits
May 23rd, 2016
Ryanair has reported a 43% jump in full year profits to €1,242 million. The increase was driven by a number of factors including an 18% rise in traffic to 106 million passengers, a five percentage point increase in load ...
One of the World’s most expensive Countries is discussing paying people $2,500 a month for doing nothing
May 23rd, 2016
The Swiss are discussing paying people $2,500 a month for doing nothing. The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare benefits. Although the initiators of the plan haven’t stipulated how ...
TICKING TIME-BOMB: Greece set to run out of cash by MAY pushing Europe into ANOTHER crisis
April 28th, 2016
DEBT-ridden Greece is dangerously close to running out of cash and plunging the eurozone into a fresh crisis. Athens desperately needs £4 BILLION worth of aid from creditors but is refusing to make any further cutbacks to government spending. ...
Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks
April 12th, 2016
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro fund to help troubled lenders raise capital and offload bad ...
Time for deal with Greece’s creditors is running short
March 31st, 2016
The government is striving to find common ground with the country’s creditors on measures worth 3 percent of Greece’s gross domestic product, or 5.4 billion euros, before the Eurogroup meeting on April 22, so as to have completed its ...
Greece Economic Crisis Enters Year 9
March 28th, 2016
Greece’s fledgling economy fell back into recession in the fourth quarter of 2015, as the combination of sky-high unemployment, weak inflation and a shaky financial sector ended a turbulent year defined by political crisis and uncertainty. Gross domestic product ...
Greece Latest: New payouts and the start of debt relief talks may delay
March 3rd, 2016
Euro zone, IMF split over how much Greece needs to reform Euro zone lenders and the International Monetary Fund disagree over how much more Greece needs to do to reform its economy, a dispute that may delay new payouts ...
EBRD supports international trade in Greece through National Bank of Greece
March 2nd, 2016
Facility will help National Bank of Greece scale up trade finance The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of international trade with a facility to National Bank of Greece under the EBRD’s Trade Facilitation Programme (TFP). The facility ...
