Athens Informer

Greece appeared satisfied with the outcome of yesterday’s European Union leaders’ summit in Brussels as it appeared to back the government’s plans for gas and oil exploration in the Aegean. The summit focused on energy issues and tax evasion. Greek… Full News here – Kathimerini English

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European Central Bank funding to Greek banks fell by 10.5 billion euros in April while emergency liquidity assistance (ELA) from the country’s central bank increased by 12 billion euros, Bank of Greece data showed on Tuesday. ECB funding to Greek banks dr… … Full News here – Latest News

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Greek Prime Minister Antonis Samaras on Tuesday pledged to battle unemployment by attracting outside investment in the debt-hit country. “We have consolidated Greece’s position in Europe and now we are consolidating it on a global level,” Samaras told jou… … Full News here – Latest News

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Greek shipowners have chosen Chinese shipyards for the construction of at least 60 percent of the new vessels ordered in the last few years, Merchant Marine Minister Costis Mousouroulis told journalists in China in the context of Greek Prime Minister Anto… … Full News here – Latest News

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Fitch Ratings upgraded the long-term issuer default ratings (IDRs) of National Bank of Greece, Piraeus Bank, Alpha Bank and Eurobank Ergasias to B- from CCC late on Thursday, following a similar upgrade of the country’s credit rating earlier this week…. Full News here – Kathimerini English

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A bomb went of on the street where the Greek embassy in Tripoli, Libya, is located but the building was not damaged and there were no injuries, the Foreign Ministry said on Saturday. “This lunchtime an small explosive device that had been placed next to a… … Full News here – Latest News

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Greece’s fiscal outlook after 2014 remains “inherently uncertain” and will be the focus of negotiations between Greece and its euro-area and International Monetary Fund creditors later this year, the European Commission said. While Greece continues to mak… … Full News here – Latest News

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dealing directly with the government. I think there was a sense that with a strike things would be very difficult for members without achieving a result. People have a lot to lose – credit card debt and mortgages.” The Irish labor movement is very… Full News here – Kathimerini English

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Greek Prime Antonis Samaras invited the Chinese business community to invest in Greece and take part in the “Greek success story” during an official trip to China where he is scheduled to hold talk with his Chinese counterpart Li Keqiang. Speaking at the … … Full News here – Latest News

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Ten-year Greek government bond yields tumbled on Wednesday, one day after Fitch Ratings upgraded the country’s sovereign credit ratings. Fitch raised Greece’s rating to B-minus from CCC citing a rebalancing of the economy and progress in eliminating its f… … Full News here – Latest News

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Finance Minister Yannis Stournaras is to meet his eurozone counterparts in Brussels today for a Eurogroup summit expected to give the green light for the release of a 4.2-billion-euro loan tranche for the first quarter, and possibly an additional 3.3-bill… … Full News here – Latest News

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Olympiakos won the second consecutive and third overall Euroleague title on Sunday defeating Real Madrid 100-88 in the final in London on Sunday after coming from 17 points down. This is also the third straight season that a Greek team has won the Europea… … Full News here – Latest News

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There was some good news for Greek universities this week as five institutions – the National Technical University of Athens, Athens University, the Athens University of Economics and Business, the University of Patra and Thessaloniki’s Aristotle Universi… … Full News here – Latest News

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Public HIV testing clinics have stopped checks since last month because of budget problems, the Athens medical association said on Friday, attacking Deputy Health Minister Fotini Skopouli for blocking funding to the centers. The allegations came as data s… … Full News here – Latest News

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Greece moved further into deflation territory as consumer prices fell 0.6 percent in April on an annual basis after a fall of 0.2 percent in March, its lowest reading since 1968, according to data released on Friday by the country’s statistics service ELS… … Full News here – Latest News

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