Search Results for: ECB
Asian shares bolstered by hopes for Greek deal
June 23rd, 2015
Asian shares rose on Tuesday after Greece‘s latest budget proposals raised hopes it would stave off a debt default and reach a deal with lenders later this week. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was up ...
Could Russia afford to bail out Greece and what would that mean?
June 22nd, 2015
There are deep cultural and historical ties between Greece and Russia. In terms of religion, the majority faith in both countries is Eastern Orthodox. And Russia has a track record of standing up for Greece, like it did during ...
€2bn Russia-Greece gas deal: The EU should applauding us, Putin says
June 22nd, 2015
A deal to jointly build an extension of the Turkish Stream gas pipeline across Greece will help Athens to settle its multibillion euro debt to international creditors, President Vladimir Putin said at the St. Petersburg International Economic Forum. Talking ...
What investors need to know and why a Grexit may not matter
June 22nd, 2015
After enjoying a seemingly unstoppable rise since the beginning of 2015, Europe now seems to be in the headlines for all the wrong reasons. With the Greek tragedy lurching from one ‘deadline’ to the next, an exit of the ...
Greece debt crisis: EU leaders gather for critical summit
June 22nd, 2015
Greece faces a critical 24 hours as European leaders gather for an emergency summit in Brussels that could break the deadlock around the country’s debt crisis. On Sunday, Greek PM Alexis Tsipras set out new proposals to try to ...
The Greek Government Debt
June 19th, 2015
Europe and the rest of the world are watching nervously these days as the Greek drama (tragedy) is entering its last phase. There has to be some type of compromise (agreement) between the Greek government and its lenders before ...
Greece crisis: Emergency summit called for Monday
June 19th, 2015
An emergency summit of leaders from eurozone nations will be held on Monday, after the latest attempt to resolve the Greek debt crisis failed. A meeting of finance ministers on Thursday made no breakthrough. Head of the Eurogroup, Jeroen ...
The Bank of Greece Report on Monetary Policy 2014-2015
June 17th, 2015
Today, in accordance with its Statute, the Bank of Greece submitted its Report on Monetary Policy 2014-2015 to the Speaker of the Greek Parliament and the Cabinet. At the time of writing of the present report, news kept unfolding, ...
We’re All Greek Now — Some Just Don’t Know It Yet
June 16th, 2015
Let’s see…a heavily-indebted country can’t pay its bills, engages in a long series of failed attempts to manage a partial, controlled default, sees most of its capital flee to safer venues, and then, in a final act of desperation, ...
European solidarity: The future of Europe and the euro depends on political leaders
June 15th, 2015
Will a Grexit Be the Lehman-Like Trigger of the Next Global Financial Crisis? European Union leaders continue to play a game of brinkmanship with the Greek government. Greece has met its creditors’ demands far more than halfway. Yet Germany ...