Greek economy shrinks 5.7% in fourth quarter 2012: data
ATHENS, Greece: Greece’s ailing economy contracted by 5.7 percent in the fourth quarter of 2012 in an annual comparison, provisional data from the state statistics...
Greece economy
Europe will get its money back says Bank of Greece
by AFP
Berlin: Greece will pay back the billions of euros of European aid it has received to fight its debt crisis, the head of the country’s...
Greece says needs 27.5 bn euros to recapitalise 4 biggest banks
by AFP
Athens: Greece’s four biggest banks need 27.5 billion euros ($36.4 billion) in recapitalisation funds by the end of April, the national central bank said in...
Top two Greek banks post nine-month losses
by AFP
Athens: Greece’s biggest lender National Bank on Friday said it had posted a nine-month loss of 2.45 billion euros ($3.2 billion) while number two Alpha...
S&P lifts Greece from selective default rating
by AFP
Paris: Ratings agency Standard and Poor’s raised Greece’s sovereign debt rating by six notches on Tuesday encouraged by a burst of support for Athens from...
Eurozone-IMF deal buys more time for Greece
by AFP
ATHENS: The eurozone and IMF saved Greece from bankruptcy on Tuesday in a re-drawn rescue that Greek leaders said marked a new beginning for a...
Greece raises 4 billion euros in bond sale
by AFP
Athens: Greece raised 4.062.5 billion euros ($5.16 billion) on Tuesday to avert default this week....