Yanis Varoufakis to meet George Osborne and City bankers on whistlestop tour of Europe to drum up support for Athens’ Syriza government The new Greek finance minister is to ... Read More
It is unrealistic to expect Greece to repay its huge debt in full, the chief economics spokesman for the victorious Syriza party has told the BBC. “Nobody believes that ... Read More
European stocks traded near a seven-year high amid optimism about central-bank stimulus, while Greek shares dropped as opposition party Syriza won an election. The Stoxx Europe 600 Index slipped ... Read More
Radical leftists have been catapulted to power in Greece, and that means that the European financial crisis has just entered a dangerous new phase. Syriza, which is actually an ... Read More
Greece must respect the euro zone’s rules and cannot demand special treatment for its debt in the wake of the victory of anti-austerity party Syriza, International Monetary Fund chief Christine ... Read More
In a week where the focus would ordinarily have been on the latest FOMC meeting as well as US and UK GDP numbers, its events in Europe that are ... Read More
Anti-austerity Syriza party leader Alexis Tsipras has vowed to end Greece’s “five years of humiliation and pain” after his general election win. Before cheering supporters, Mr Tsipras again pledged ... Read More
Oil slid in early Asian trade on Monday, with U.S.crude falling close to a six-year low, after Greece’s election results heightened uncertainty in the euro zone and depressed the bloc’s currency against the ... Read More
Greece‘s leftist opposition Syriza party will need EU/IMF approval to issue short-term debt to cover funding needs in the first quarter if it takes power after a January 25 ... Read More
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