GO
Loading...

Enter multiple symbols separated by commas

Greece

More

  • *Tunisia caters to those seeking good value, all-inclusive. *Spain and Bulgaria offer similar holidays. BERLIN, July 3- Fearing for their safety in Tunisia after a gunman killed dozens of tourists, sun-seeking Europeans are switching to destinations such as Spain, Bulgaria or even Greece for holidays this year.

  • The question does not address the future of the euro currency— which many believe is at stake— or the future of Greece's relationship with the 28- nation European Union. "Should the plan of agreement, which was submitted by the European Commission, the European Central Bank and the International Monetary Fund in the Eurogroup of 25.06. 2015 and is comprised of two...

  • The decision came two days before Greeks were set to vote in a referendum on whether to accept bailout terms rejected by their leftist government, with a' No' vote likely to put Greece on a path to leaving the euro zone. The European Financial Stability Facility said Tuesday's failure to pay the International Monetary Fund "results in an event of default by Greece,...

  • LONDON, July 3- If a' No' in Sunday's referendum eventually takes Greece out of Europe's single currency, any "new drachma" or temporary payment unit could be worth as little as a fifth of the euro now in circulation. In the absence of a flow of new euros from the European Central Bank after a "Grexit", Athens' existing stock of hard currency is not expected to be enough to...

  • LONDON, July 3- Fund firms with even token exposure to Greece hope Athens will soon reopen its stock exchange so they can wave goodbye to the' guess-work' of valuing their funds. The closure of the Athens Stock Exchange since Monday has made it impossible for managers to ascertain exactly how far the value of shares in bluechip Greek companies such as Alpha Bank and...

  • LONDON, July 3- Sunday's referendum in Greece will set a new course for the country after a tumultuous half year of negotiating between Athens and its international creditors. A "Yes" vote could mean a new government, a news series of negotiations and Greece's continued membership of the euro zone. A "No" vote could mean the euro zone loses a member- a fate that could...

  • In a televised address on Friday, Tsipras said a report by the International Monetary Fund which arguing that Greece's massive public debt could not be sustained without significant writedowns vindicated his advice to reject the lenders' terms. Repeating his assault on European partners he accused of blackmailing and issuing ultimatums to Greece, the...

  • *Euro STOXX 50 set for biggest weekly drop since Dec. The euro zone Euro STOXX 50 index was on track for its worst week since December. Peter Oppenheimer, chief global strategist at Goldman Sachs, said a worst-case scenario in case the Greeks voted "No" to the bailout programme could see the Euro STOXX fall to 3,150 points.

  • SINGAPORE/ NEW YORK, July 3- Greece's huge global diaspora is dishing out advice to friends and relatives on how to vote in Sunday's referendum and some feel so strongly they are buying expensive tickets to get home to cast their own ballots. One airline put on extra flights and ticket prices have risen for expatriates who want to have a say in whether Greece...

  • ATHENS, Greece— Greek PM Tsipras says Sunday's referendum is not a vote on whether to remain in the euro.

  • ATHENS, Greece— Greek PM Tsipras says IMF report fully justifies Greece's position on debt relief.

  • ATHENS, Greece— In a story July 2 about the Greek referendum, The Associated Press reported erroneously that the International Monetary Fund had said Greece would need debt relief worth 50 billion euros. The IMF said Greece needs new financing worth 50 billion euros as well as debt relief. ATHENS, Greece— Costas Christoforidis hasn't decided how to vote in...

  • BRUSSELS, July 3- The euro zone's rescue fund, Greece's largest creditor, said on Friday it reserved the right to call in 130.9 billion euros in debt ahead of schedule after Athens defaulted this week on an International Monetary Fund loan. Chief executive Klaus Regling made the recommendation rather than two other options- waiving the debt or demanding...

  • KARITAINA, Greece— Ilias Mathes has protection against bank closures, capital controls and the slashing of his pension: 10 goats, some hens and a vegetable patch. If Greece's financial crisis deepens, as many believe it must, he can feed his children and grandchildren with the bounty of the land in this proud village high in the mountains of the Arcadia Peloponnese.

  • BRUSSELS, July 3- The euro zone's rescue fund, Greece's largest creditor, said on Friday it reserved the right to call in 130.9 billion euros in debt ahead of schedule after Athens defaulted this week on an International Monetary Fund loan. The board of the European Financial Stability Facility decided to reserve its rights to act at a later stage on the...

  • *Transaction volumes hit record high as Greece defaulted. LONDON, July 2- There is at least one legal way to get your euros out of Greece these days, to guard against the prospect that they might be devalued into drachmas: convert them into bitcoin. New customers depositing at least 50 euros with BTCGreece, the only Greece- based bitcoin exchange, open only to Greeks,...

  • It's been a long, eventful, seven days for Greece. CNBC recaps the big events that unfolded during this week-long Greek drama.

  • LONDON, July 3- Europe's vast service industry expanded faster than initially thought last month, surveys showed on Friday, speeding ahead despite warning signs that Greece might crash out of the euro zone. "While the economic situation is actually progressing and seems to be fairly stable you can't help thinking that there could be a significant reversal in...

  • VILNIUS, July 3- European Central Bank Vice President Vitor Constancio signaled on Friday that the ECB could loosen funding to Greek banks if Greeks vote' Yes' in a referendum on Sunday on whether or not to accept more austerity in return for aid. Constancio said the significance of the referendum was in making it more or less likely that an agreement could be...

  • *Moves modest in dramatic week for Athens. LONDON, July 3- Euro zone yields edged lower on Friday in a cautious market as uncertainty surrounded the outcome and consequences of a referendum on Greece's bailout. It has been a tumultuous week for Athens which has closed its banks, introduced capital controls and became the first developed country to default on an...