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  • Europe's Bank Guarantees Thursday, 9 Oct 2008 | 9:53 AM ET
    Countries across Europe have moved to reassure banking customers by guaranteeing deposits. Fear of runs on banks prompted some account holders to take their money overseas to foreign banks, protected by government pledges, or simply opt for the relative safety of keeping funds out of institutions.» »

    European finance ministers moved to reassure banking customers by agreeing to raise bank-deposit guarantees to 50,000 euros ($67,930), from the current level of 20,000 euros.

  • Greece Guarantees Deposits … Sort of Friday, 3 Oct 2008 | 8:45 AM ET

    Greece's banking system "is totally safe and reliable" despite the world financial turmoil and all bank deposits in the country are guaranteed, Finance Minister George Alogoskoufis said on Friday, according to the Associated Press.

  • Lady EUROpa and the Monetary Bull Friday, 16 May 2008 | 11:15 AM ET
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    - Notes from an ECB groupie's travelog -

  • D.Telekom Buys Stake in Greece's OTE, Wants Control Monday, 17 Mar 2008 | 8:10 AM ET

    Deutsche Telekom will buy a 20 percent stake in Greece's largest phone company, OTE, for 2.5 billion euros ($3.33 billion) and aims to take full control of the company as it fuels growth via acquisitions.

  • Greece's Public Power Corp. SA has been given general approval to replace its stock of aging power generation facilities, the government said Saturday.

  • European Stocks to Watch Wednesday, 21 Mar 2007 | 11:19 AM ET

    Here some of Wednesday's big movers on European stock markets: Michaniki, Hammerson, Iberia, Technical Olympic, Intercell and Carrefour.

  • Tsakos Energy Navigation Fourth-Quarter Profit Rises Monday, 12 Mar 2007 | 11:10 AM ET

    Tsakos Energy Navigation, a Greek shipper of crude oil and petroleum products, said Monday its fourth-quarter profit rose 27%, as a larger fleet offset a softer market and higher operating costs.