The composite cost-of-borrowing indicator for new loans to corporations1 decreased by 8 basis points from the previous month to 2.34% in February 2015. The composite cost-of-borrowing indicator for new ... Read More
There is nothing to prevent Greece once again being a successful country “except sometimes bad politics,” says Jose Manuel Barroso, the former president of the European Commission. Talking to ... Read More
As Greek Prime Minister Alexis Tsipras struggles to secure a financial bailout to stay in the euro, his chief rival said he’s open to offering a political rescue. Opposition ... Read More
Greek banks received a cash lifeline of just 700 million euros from the European Central Bank on Wednesday as this is the estimated amount of liquidity needed by the ... Read More
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan, ... Read More
Revenues boost from monitoring deposits abroad and from sell-offs such as Piraeus port, regional airports The government’s list of reforms submitted to the country’s creditors provides for revenues of ... Read More
As representatives of the Greek government and the country’s international creditors continued tough talks on a proposed list of Greek reforms in Brussels, Prime Minister Alexis Tsipras addressed Parliament ... Read More
Yanis Varoufakis has called for an end to the “toxic blame game” between Greece and Germany. The finance minister made the call as Greece prepares to finalise its list ... Read More
German Chancellor Angela Merkel said on Monday that Greece had a certain degree of flexibility on which reforms it implements but that the measures must “add up” to the satisfaction of ... Read More
Greece has not given up on its aim to renegotiate its debt to render it manageable, the country’s deputy finance minister said on Monday as talks between Athens and its ... Read More
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