Greece says needs 27.5 bn euros to recapitalise 4 biggest banks
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...
Greece eurozone
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...
Greek journalists go on strike over economic policies
by Areeb Hasni
Athens: Greek media workers went on strike on Monday for a day to protest against the government austerity measures and the reforms introduced to tackle...