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economy

imf-greece

Greece defaults on IMF payment despite last-minute overtures to creditors

01/07/2015(0)
Greece‘s last-minute overtures to international creditors for financial aid on Tuesday were not enough to save the country from becoming the first developed economy to default on a loan ... Read More
greece-banks-getty-1024x640

SNP downgrades Greece and puts chances of Grexit at 50 per cent

30/06/2015(0)
S&P has downgraded Greece‘s credit rating from CCC to CCC-, and says there is a 50 per cent chance it will leave the Euro. It made the change because ... Read More
cyprus-ministry-of-Finance

CYPRUS: PDMO sells €31m in retail bonds, €182m so far

26/06/2015(0)
The Cyprus Ministry of Finance sold 6-year government bonds worth €31 mln in its monthly offer this week, the second highest in the programme that started last year, suggesting ... Read More
juncker-tsipras_tusk

Crisis talks on Greece to stretch into the weekend

26/06/2015(0)
After yet another inconclusive Eurogroup in Brussels Thursday, finance ministers agreed that more talks were required to bridge enduring gaps between Greece and its creditors with another Eurogroup to ... Read More
tsipras-skeptical

Greece Lurches Closer to Default

25/06/2015(0)
European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early hours without ending the standoff that has brought the country ... Read More
Asian-Market

Asian shares, dollar edge down as markets eye Greece

25/06/2015(0)
Asian shares and the dollar edged down in Asian trade on Thursday, with investors on ice ahead of a meeting of European Union leaders later in the session as ... Read More
imf-greece

Does The IMF Actually Want To Cause A Greek Debt Default?

24/06/2015(0)
When it comes to geopolitics, there are often wheels working within wheels that are working within wheels.  Once in a while we get a peek behind the scenes, but ... Read More
asian-shares-japan

Asian shares bolstered by hopes for Greek deal

23/06/2015(0)
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 ... Read More
unbanked 1

Access to the Financial Sector: A Global Perspective

22/06/2015(0)
The availability of a bank account is a big help to individuals, and to an economy. For the individual, it provides safety for saving, a channel for receiving and ... Read More
Tsipras-eurozone

Greece debt crisis: EU leaders gather for critical summit

22/06/2015(0)
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 ... Read More
Broker Cyprus TopFX