Athens Informer

Fitch Ratings on Tuesday upgraded its sovereign credit rating for Greece to B-minus from CCC citing a rebalancing of the economy and progress in eliminating its fiscal and current account deficits that have reduced its risk of a euro zone exit. “The pric… … Full News here – Latest News

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Former SYRIZA leader Alekos Alavanos officially launched his new “Plan B” party on Thursday, advocating Greece leave the euro and return to the drachma. Alavanos led SYRIZA between 2004 and 2008 but has been mostly on the political sidelines over the last… … Full News here – Latest News

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In an appearance likely to have encouraged the left wing of his party, SYRIZA leader Alexis Tsipras said yesterday that Greece must focus on how to end austerity rather than whether it can stay in the euro. Returning to ground he had covered before… Full News here – Kathimerini English

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Cyprus is on the verge of an unprecedented financial experiment: imposing controls on money transfers in an economy that doesn’t have its own currency. Countries from Argentina to Iceland have used similar measures in the past to defend against devaluatio… … Full News here – Latest News

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The last-minute deal to save the banking system in Cyprus should bring a rally when U.S. stock markets open on Monday, according to several investment managers. Cyprus secured a 10 billion euro ($ 13 billion) package of rescue loans in tense, last-ditch ne… … Full News here – Latest News

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The last-minute deal to save the banking system in Cyprus should bring a rally when U.S. stock markets open on Monday, according to several investment managers. Cyprus secured a 10 billion euro ($ 13 billion) package of rescue loans in tense, last-ditch ne… … Full News here – Latest News

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Brussels – The possibility of Cyprus exiting the eurozone was discussed during teleconference involving technocrats from the Euro Working Group on Wednesday, Kathimerini understands. A reliable source told Kathimerini that the technical implications of a … … Full News here – Latest News

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Cypriots are strongly against the measures imposed on them by the Eurogroup but are in favor of staying in the eurozone, a snap opinion poll showed on Sunday. The survey conducted by Insights Market Research and the University of Cyprus showed that 72 per… … Full News here – Latest News

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Greeks’ skepticism toward the euro rose substantially last month, as did the popularity of SYRIZA and its leader Alexis Tsipras, according to a new Public Issue opinion poll. The survey, carried out for Skai and Kathimerini, indicated that only 59… Full News here – Kathimerini English

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Greeks’ skepticism toward the euro rose substantially last month, as did the popularity of SYRIZA and its leader Alexis Tsipras, according to a new Public Issue opinion poll. The survey, carried out for Skai and Kathimerini, indicated that only 59 percent… … Full News here – Latest News

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Eurozone finance ministers meet Monday against the backdrop of a weak economy and increased political uncertainty after inconclusive polls in Italy, the group’s third largest economy. If there has been some relief as the debt crisis eased in recent months… … Full News here – Latest News

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Greece’s lenders offered the country a “velvet exit” from the euro in 2011, PASOK leader Evangelos Venizelos claimed during a speech at PASOK’s congress in Athens yesterday as he proposed that the Socialists combine forces with coalition partner… Full News here – Kathimerini English

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Greece’s lenders offered the country a “velvet exit” from the euro in 2011, PASOK leader Evangelos Venizelos claimed during a speech at PASOK’s congress in Athens Friday as he proposed that the Socialists combine forces with coalition partner Democratic L… … Full News here – Latest News

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Thursday’s meeting of the Euro Working Group (EWG), comprising top eurozone finance ministry officials, is expected to green-light the disbursement of the February bailout sub-tranche of 2.8 billion euros to Athens. The prior action required for the payme… … Full News here – Latest News

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If the eurozone loses the global ‘currency war’, the price will be paid in growth and jobs and fresh tensions about the future of the bloc. Whoever wins the ‘war’ eventually, few doubt the euro area has been routed in the latest monetary battles between c… … Full News here – Latest News

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