Tag Archive | "Greece"

1/29/2015: Front Page: S&P puts Greece rating on watch for downgrade

Standard & Poor’s put Greece’s B credit rating on watch for a possible downgrade yesterday, warning that some of the policies of the new anti-austerity government were putting Greece on a collision course with its international creditors. “In our… Full News here – Kathimerini English

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1/29/2015: Front Page: EU and Greece at odds over more Russia sanctions

Greece’s new Foreign Minister Nikos Kotzias will attempt today to clear up a dispute between Athens and the European Council when EU diplomats discuss whether to step up sanctions against Russia over fighting in eastern Ukraine. The Greek government… Full News here – Kathimerini English

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Greece election fallout: EU leaders reluctant to give Athens a pass

Greece election fallout: EU leaders reluctant to give Athens a pass The current bargain between Athens and its sponsors in the EU and the IMF expires at the end of February. The European Central Bank has signalled that a new arrangement – or extension of the current one – is a precondition to continuing its […]

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1/27/2015: Front Page: Greece, where everyone’s a winner

Whether a tradition or simply a bad habit, we have trouble finding a loser in any electoral race, a party leader who will openly concede defeat without trying to mitigate it with excuses. The winners, meanwhile, whether actual or imaginary, are equal… Full News here – Kathimerini English

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An impasse in Paris, a gamble in Athens: how Greece returned to crisis

An impasse in Paris, a gamble in Athens: how Greece returned to crisis Heated discussions between Athens and its lenders are not uncommon but Greek officials said the uncompromising stance of the inspectors was rooted in something neither side would openly admit: uncertainty over whether Samaras's government would … Full News here – Read more on […]

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Revenge of disaffected Europe risks new crisis sparked in Greece

They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west t… … Full News here – Latest News

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ECB must include Greece in bond-buying plan, Hardouvelis says

Greece’s finance minister urged the European Central Bank not to exclude it from a quantitative easing program, expected to be announced later on Thursday, telling German business daily Handelsblatt that no one needed it as much as his country. “I hope th… … Full News here – Latest News

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ECB unveils quantitative easing program, additional eligibility criteria for Greece

The European Central Bank on Thursday committed to a quantitative easing (QE) program that will see it print money to buy up 60 billion euros worth of sovereign bonds from March until the end of September next year. The money will include some from existi… … Full News here – Latest News

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No debt relief, no rolling back of reforms for Greece, says Finland’s Stubb

Finnish Prime Minister Alex Stubb is one of the 19 leaders in the eurozone that will be asked to sign a new agreement with Greece after the elections. In an interview with Kathimerini one week before Greeks go to the polls he makes it clear that Finland w… … Full News here – Latest News

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Fitch lowers Greece credit outlook to ‘negative’

Rating firm Fitch on Friday lowered Greece’s credit outlook to negative from stable, citing rising political uncertainty, but kept the country’s credit rating unchanged at ‘B’, indicating highly speculative. “The current period of political uncertainty ha… … Full News here – Latest News

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1/16/2015: Front Page: Three bodies return to Greece

The bodies of three Greeks who died in the Norman Atlantic ferry disaster in the Adriatic Sea in December are to be returned to their families by the Defense Ministry, the authority said yesterday. A special Hellenic Air Force flight will bring the… Full News here – Kathimerini English

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Greece sells 812.5 mln euros of 3-month T-bills, yield rises

Greece sold 812.5 million euros ($ 959 million) of three-month treasury bills on Wednesday to roll over a maturing issue, the country’s debt agency PDMA said. The T-bills were priced to yield 2.15 percent, up 25 basis points from a previous sale last month… … Full News here – Latest News

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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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Eurogroup chief pledges to work with Greece after election

The head of the group of eurozone finance ministers promised Tuesday to work with the winner of the upcoming Greek election, but urged Athens to stick with austerity. Jeroen Dijsselbloem, the president of the Eurogroup who also serves as the Dutch finance… … Full News here – Latest News

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Turkish violations keep Greece on standby

Despite recent meetings with top-ranking Turkish government officials and the mutual expression of good intentions from both sides, Greek authorities remain on standby following a spike in violations of Greek air space by Turkish fighter jets, Kathimerini… … Full News here – Latest News

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