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BoG Governor urges government to fulfill deal with creditors

By   /  27/02/2015  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on BoG Governor urges government to fulfill deal with creditors

Athens, February 27, 2015/ Independent Balkan News Agency By Lefteris Yallouros Bank of Greece Governor Yannis Stournaras warned the government that a final agreement with the country’s creditors must be reached soon in order to avoid a setback to economic recovery. Stournaras told the bank’s annual shareholder meeting that “we must pursue the negotiations in […]

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Tsipras tries to persuade SYRIZA MPs to accept loan extension deal

By   /  26/02/2015  /  GR Politics, Greece, Headlines, Politics  /  Comments Off on Tsipras tries to persuade SYRIZA MPs to accept loan extension deal

Athens, February 26, 2015/ Independent Balkan News Agency By Lefteris Yallouros Greek Finance minister Yanis Varoufakis insisted in a television interview that the SYRIZA-led coalition government has not made a u-turn on its pre-election pledges by agreeing a 4-month extension of its loan agreement. Speaking on CNBC, Varoufakis said “we didn’t get elected to clash […]

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Reservations expressed over Greek reforms list

By   /  25/02/2015  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Reservations expressed over Greek reforms list

Athens, February 25, 2015/ Independent Balkan News Agency By Lefteris Yallouros The Greek stock market hit a 2-1/2-month high on Tuesday, ith Greek banks up as much as 12 percent, after the country’s international creditors provisionally approved a list of economic reforms proposed by the Greek authorities. Greek 10-year yields fell to a one-month low, […]

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Greek government prepares list of reforms following bailout extension

By   /  23/02/2015  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Greek government prepares list of reforms following bailout extension

Athens, February 23, 2015/ Independent Balkan News Agency By Lefteris Yallouros The Greek government is preparing a list of planned reforms to submit to its international creditors on Monday, having agreed a four-month extension of the country’s bailout deal during a Eurogroup meeting last week. The bailout extension has handed the Syriza-led coalition government valuable […]

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Greek PM welcomes “existing Chinese investments”

By   /  20/02/2015  /  Business, Finance, GR Business, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Greek PM welcomes “existing Chinese investments”

Athens, February 20, 2015/ Independent Balkan News Agency By Lefteris Yallouros Greek Prime Minister Alexis Tsipras said on Thursday that he believed Greece and the port of Piraeus in particular could be a significant commercial gateway for China into Europe. Speaking aboard a Chinese warship visiting the Greek port of Piraeus, Tsipras welcomed China’s investments […]

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Greek banks receive ECB emergency liquidity assistance; funding ceiling raised

By   /  19/02/2015  /  Finance, GR Finance, Greece, Headlines  /  Comments Off on Greek banks receive ECB emergency liquidity assistance; funding ceiling raised

Athens, February 19, 2015/ Independent Balkan News Agency By Lefteris Yallouros As the Greek government prepares to submit a formal request to the Eurogroup to extend the “loan agreement” of the country’s bailout deal for up to six months, it received a boost – albeit modest – from the European Central Bank (ECB) on Wednesday […]

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Greece to propose loan extension

By   /  18/02/2015  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Greece to propose loan extension

Athens, February 18, 2015/ Independent Balkan News Agency By Lefteris Yallouros The Greek government is reportedly ready to table a compromise – proposal to the Eurogroup that would include a six-month extension to the country’s bailout loan but not the memorandum that accompanies it. An extraordinary Eurogroup meeting will discuss the proposal on Friday. According […]

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Eurozone issues Greece an ultimatum

By   /  17/02/2015  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Eurozone issues Greece an ultimatum

Athens, February 17, 2015/ Independent Balkan News Agency By Lefteris Yallouros The Greek government was handed an ultimatum by EU counterparts to request an extension of the country’s international bailout by Friday (Feb 20) or risk losing outstanding rescue loans. Without financial support, Greece risks bankruptcy and a potential exit from the eurozone. During a […]

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Avramopoulos’ presidential candidacy in doubt

By   /  16/02/2015  /  GR Politics, Greece, Headlines, Politics  /  Comments Off on Avramopoulos’ presidential candidacy in doubt

Athens, February 16, 2015/ Independent Balkan News Agency By Lefteris Yallouros Greek Prime Minister Alexis Tsipras will announce his proposed candidate for the Presidency of the Republic on Tuesday. Following the failure of the previous government to elect a new head of state with the required majority of 180 in parliament (which in turn triggered […]

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Greece to enter talks with lenders over bailout future

By   /  13/02/2015  /  Finance, GR Finance, GR Politics, Greece, Headlines, Politics  /  Comments Off on Greece to enter talks with lenders over bailout future

Athens, February 13, 2015/ Independent Balkan News Agency By Lefteris Yallouros After attending his first European Union summit on Thursday, Greek Prime Minister Alexis Tsipras said the first step was made towards reaching a mutually acceptable agreement over the future of Greece’s international bailout. The Greek premier told a press conference the technical details of […]

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