Tag Archive | "Euro"

1/27/2015: Front Page: Euro slide fuels hope of tourism growth

professionals are pinning their hopes for a further increase in the incoming flow of visitors to Greece this year on the decline of the exchange rate of the euro after seeing bookings from Britain and the US continue to grow throughout the election… Full News here – Kathimerini English

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1/24/2015: Front Page: Euro and Greek yields in decline

The euro sank to an 11-year low yesterday, after the European Central Bank unveiled a quantitative easing program valued at 1.14 trillion euros on Thursday and pledged to spend until there’s a “sustained adjustment” in inflation. The euro’s drop was… Full News here – Kathimerini English

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EBRD says Grexit unlikely, would undermine stable euro model

A Greek exit from the eurozone — or Grexit — would undermine the model of euro stability, a senior European Bank for Reconstruction and Development (EBRD) official said on Tuesday, but the EBRD does not expect it to happen. “Grexit is not the EBRD’s bas… … Full News here – Latest News

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1/16/2015: Front Page: Clashing certainties over the euro

The words and actions of most of the protagonists have clouded the central question of what is at stake in next Sunday’s national election: Is Greece’s membership of the eurozone guaranteed under any circumstances? If there is no risk, then we can go… Full News here – Kathimerini English

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Greece could exit the euro by accident, warns FinMin

Greece could stumble out of the euro by accident if a new government fails to reach an agreement with international creditors soon after this month’s election, Finance Minister Gikas Hardouvelis said. The main challenge facing whichever government emerges… … Full News here – Latest News

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Euro staggers in wobbly start for 2015, ECB and Greece in focus

The euro wallowed near a nine-year trough early on Tuesday, keeping up a wobbly start to 2015 as the prospect of more policy easing from the European Central Bank grew ever stronger. The common currency last traded at $ 1.1948 after dipping into the $ 1.186… … Full News here – Latest News

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Euro wobbles ahead of Athens vote, Greek shares tumble

Euro wobbles ahead of Athens vote, Greek shares tumble Syriza is set on writing off much of Greece's debt and reversing years of austerity just as the economy returns to growth, a stance that could see Athens shut out of the markets. “It really feels too close to call now,” said UniCredit interest rate … […]

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What SYRIZA says about Greece’s economy, its debt and the euro

Led by Alexis Tsipras, Syriza is Greece’s biggest opposition party and has pledged to annul the country’s bailout agreement should it take power. An acronym for Coalition of the Radical Left, Syriza vows to renegotiate repayment terms on loans from euro m… … Full News here – Latest News

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EU says only option it is working on is to Greece in euro

Ahead of European Economic and Monetary Affairs Commissioner Pierre Moscovici’s visit to Athens on Monday, Brussels has insisted that it is not entertaining any scenarios about a possible Greek exit from the eurozone. “The only option that the Commission … … Full News here – Latest News

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Euro drop helps Greek exports rebound

The decline of the euro – mainly against the dollar – gave Greek exports a fresh boost in October, exporters say, as Hellenic Statistical Authority (ELSTAT) data on Monday showed a rebound of 7 percent year-on-year according to provisional estimates, foll… … Full News here – Latest News

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8/15/2014: Front Page: Euro economy grinds to a halt in second quarter

BERLIN/BRUSSELS (Reuters) – Eurozone economic growth ground to a halt in the second quarter as Germany’s economy shrank and France’s stagnated. The zero growth reported by statistics agency Eurostat yesterday was cause for alarm throughout the… Full News here – Kathimerini English

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7/22/2014: Front Page: Glezos to raise German war ‘debts’ at Euro Parliament

SYRIZA MEP Manolis Glezos, 92, is planning to raise the issue of Germany’s Second World War reparations to Greece for Nazi crimes at the European Parliament in September. Speaking to Deutsche Welle yesterday, the war hero noted that the issue would be… Full News here – Kathimerini English

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Schaeuble says euro area working on Greek economic action plan

German Finance Minister Wolfgang Schaeuble said Greece and other euro-area governments are discussing ways to bundle measures to boost economic growth in the bloc’s most indebted nation. Schaeuble, speaking to reporters in Athens, reiterated Germany’s com… … Full News here – Latest News

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2/11/2014: Front Page: New vote system for Euro polls

An intensifying pre-election climate sharpened further yesterday following the government’s announcement that it aims to change the way members of the European Parliament are elected during the elections in May in order to boost citizen involvement and… Full News here – Kathimerini English

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Schaeuble hails Greek progress as part of euro recovery

Europe’s back from the years of crisis in the euro area thanks to German-led prescriptions of reform, Finance Minister Wolfgang Schaeuble said. Greece, the epicenter of the sovereign debt crisis that emerged in late 2009, is making progress on its long ro… … Full News here – Latest News

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