Greece News
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Greece News
Pro-drachma party launches in GreeceGreece sees the launch of a new political party, Plan B, which supports leaving the euro and returning to the drachma.
Posted on 18 May 2013 | 7:24 am
Greece's Piraeus hire banks to advise onATHENS (Reuters) - Greece's second-largest lender Piraeus Bank (BOPr.AT) has hired four international investment banks as advisers on its 7.33 billion euro (£6.2 billion) share issue, two bankers close ...
Posted on 18 May 2013 | 7:04 am
Women in Greece aren’t giving up onIt’s been a while now since I wrote this article on how Greece’s fertility bust and our unenlightened response to it helped build our mountain of debt in the ’80s and set us on course for the sovereign ...
Posted on 18 May 2013 | 6:27 am
Greece faces slow, jobless recovery nextATHENS, Greece (AP) — Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said.
Posted on 17 May 2013 | 10:31 am
What Happened To Greece's Solar Surge?Well, they did it. Just a few months after reporting exceptionally strong growth in the solar sector, Athens announced that they would implement retroactive cuts to state subsidies. Like a number of European states, Greece had implemented a number of funding mechanisms over the last decade aimed at spurring solar growth.
Posted on 17 May 2013 | 7:51 am
Greece News
Pro-drachma party Plan B launches in GreeceGreece has seen the launch of a new political party, Plan B, which supports leaving the euro and returning to the drachma. Its leader, Alekos Alavanos, told the conference in Athens that he opposed the austerity measures imposed on the country.
Posted on 18 May 2013 | 4:03 am
Greece's Piraeus hire banks to advise on"Goldman, Barclays, Deutsche Bank and Bank of America-Merrill Lynch will be acting as advisers," one of the bankers said. Greece's top four banks, including Piraeus, need a total of 27.5 billion euros to repair their solvency after losses on ...
Posted on 17 May 2013 | 11:36 pm
Greece faces slow, jobless recovery nextATHENS, Greece (AP) — Greece's deep, six-year recession is likely to end in 2014, but growth will be weak and unemployment will remain above 20 percent for another three years, the country's international debt inspectors said. The European Commission ...
Posted on 17 May 2013 | 3:22 am
As Greece Struggles with Debt Crisis, ItsAs another major shipowner, Thanasis Martinos of Eastern Mediterranean Maritime, explains, Greeks benefited because “we are the taxi drivers of world shipping. We are mostly free of long-term contracts – unlike, say, the Japanese – and we ...
Posted on 16 May 2013 | 7:24 pm
Greece ETF Up 20% Since March; Fitch LiftsGlobal X FTSE Greece 20 ETF (GREK) has rallied 20% since the end of March as investors turn more sanguine on Europe’s debt woes and the health of the global economy. The Greek ETF climbed 3.5% in afternoon trading Wednesday in the wake of a ...
Posted on 15 May 2013 | 8:40 pm
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