Europe Top News and Analysis Greece

  • Greece imposed capital controls a year ago to stem a flight of deposits from Greeks spooked at the ramifications of a financial crisis that almost cost the country its position in the euro zone. Greece held out negotiating its third international bailout in a tense standoff with creditors last year, which included Athens calling a referendum on further...

  • The crisis is still with us in Greece: Expert

    Louka Katseli, non-executive chair of the National Bank of Greece, discusses problems facing her country's banking system.

  • FRANKFURT, June 22- The European Central Bank reinstated Greek banks' access to its cheap funding operations on Wednesday after more than a year on an emergency lifeline and said it would examine later whether to add Greek debt to its asset purchases. The restoration is a big step towards normalising an economy that is still in recession, weighed down by capital...

  • FRANKFURT, June 22- The European Central Bank reinstated Greek banks' access to its cheap funding operations on Wednesday, allowing lenders to come off an expensive emergency lifeline after more than a year. Greek banks lost their access to the ECB's regular funding mechanism early last year when Athens came close to being ejected from the euro zone, and lenders...

  • FRANKFURT, June 22- The European Central Bank is expected to reinstate Greek banks' access to its cheap funding operations as soon as Wednesday, allowing lenders to come off an expensive emergency lifeline after more than a year as a reward for painful economic reforms. Speaking to a European Parliament committee on Tuesday, ECB President Mario Draghi said...

  • Mohamed El-Erian

    Avoiding Brexit was just a step along the way for the European Union to get its act together, the Allianz chief economic advisor says.

  • ATHENS, June 17- Greece's latest austerity measures are choking off one of its few sources of local private investment, the funds management industry, thanks to massive tax hikes buried in 7,500 pages of financial reforms approved by the parliament last month. The new tax rates, applied to funds under management, underline how Athens is relying on a narrow,...

  • ATHENS, June 17- Greece's latest austerity measures are choking off one of its few sources of local private investment, the funds management industry, thanks to massive tax hikes buried in 7,500 pages of financial reforms approved by the parliament last month. The new tax rates, applied to funds under management, underline how Athens is relying on a narrow,...

  • Jim Cramer on the set of Mad Money

    Jim Cramer advised which stocks should be left alone with the upcoming Brexit vote.

  • Jim Cramer shares the stocks and events he will be watching next week in light of a possible Brexit.

  • Some fiscal measures are unpleasant: Greek minister

    Dimitris Mardas, Greece's deputy minister for foreign affairs, defends the need for harsh measures as thousands protest at the Greek parliament.

  • A general view of the Building of the European Parliament on May 12, 2016 in Strasbourg, France.  The United Kingdom  will hold a referendum on June 23, 2016 to decide whether or not to remain a member of the European Union (EU).

    Jim Cramer says the market has been through far worse before. A Brexit doesn't mean investors should run for the hills.

  • Greece's central bank governor pushes for new bailout deal

    Yannis Stournaras urges the country's creditors to rework a core element of Athens' new bailout.

  • ATHENS, June 13- Greece's European partners should grant the country debt relief and lower its primary surplus targets, Greece's central bank chief Yannis Stournaras wrote in the Financial Times. Greece's lenders promised debt relief in November 2012 and although the country achieved a primary surplus of 1.5 billion euros in 2013 "it never happened,"...

  • Warning against Brexit: Yanis Varoufakis

    Former Greek Finance Minister Yanis Varoufakis, explains why he thinks Brexit could trigger dire economic consequences for the European Union.

  • Europskepticism now spreading

    More countries within the European Union want some powers returned from Brussels, back to national governments.

  • *World Bank cuts economic growth forecasts. Mixed Chinese economic data, along with a decision by the World Bank to slash its 2016 global economic growth forecast, also gave some traders a reason to take a negative view on the outlook for stock markets. "The Chinese export figures looked a bit disappointing, and the World Bank's cut to its forecasts is another...

  • An optimistic case for Greek equities?

    Sean Darby, chief global equity strategist at Jefferies, explains why the firm has gone modestly bullish on Greek equities.

  • STRASBOURG, June 6- The European Commission is confident that Greece will conclude the reforms needed to unlock bailout funds before next week's meeting of euro zone finance ministers, top officials said on Monday. Greece and its international lenders wrapped up the bulk of reforms needed for badly needed bailout cash in May, but left some loose ends which must...

  • ATHENS, June 6- Moves by China to stockpile oil are providing a further boost to the tanker shipping market which is already buoyant due to global bargain-hunting caused by lower crude prices, shipowners said on Monday. China is expected to add 70-90 million barrels to its strategic crude oil purchases in 2016 as it takes advantage of low prices, a Reuters survey...