Search Results for: Greek government
European shares extend sell-off as energy stocks suffer
December 12th, 2014
European shares slid on Friday, with further declines in the price of oil hitting energy stocks, while political concerns over Greece also pegged back equities. The pan-European FTSEurofirst 300 index fell 1.1 percent to 1,342.24 points, while the euro ...
Gazprom to build new 63 bcm Black Sea pipeline to Turkey instead of S. Stream
December 2nd, 2014
Gazprom CEO Aleksey Miller said the energy giant will build a massive gas pipeline that will travel from Russia, transit through Turkey, and stop at the Greek border – giving Russia access to the Southern European market. The pipeline ...
E.U. Praise for Greece Fails to Stem Bond Sell-Off
October 17th, 2014
On Thursday, as more investors fled Greek bonds, they drove the government’s long-term borrowing costs to nearly 9 percent — up from 7 percent on Wednesday and the highest level since January. Although Greece appeared to be on the ...
Billionaire Named in Suit Against Anti-Iran Group
August 19th, 2014
A billionaire Wall Street commodities investor has been drawn into a court fight against one of the nation’s most influential anti-Iran advocacy groups. The fight stems from a defamation lawsuit by Victor Restis, a Greek businessman whom the group, ...
Cyprus: A Mediterranean island slowly rebuilding after crisis
April 11th, 2014
Cyprus, the tiny Mediterranean island bailed out a year ago, remains “in difficulty…but not as bad as one would have expected,” its finance minister Harris Georgiades told CNN during an interview in the capital city Nicosia. The country, which ...
Regulators Zone
February 4th, 2014