It's clear now that Beijing wants to use its massive "Belt and Road" project to influence technology — and international governance.
DUBROVNIK, Croatia, April 12- China pledged on Friday to increase trade with Central European countries and provide more financial support for major cross border infrastructure projects to promote regional cooperation. The area is key to China's Belt and Road Initiative, which aims to link China by sea and land with Southeast and Central Asia, the Middle East,...
Greece has been in economic turmoil for most of the last decade. Is it finally out of the woods? Ordinary Greeks say not yet.
FRANKFURT, March 12- The European Union's court on Tuesday denied access to a European Central Bank document which underpinned its decision to freeze vital funding to Greek banks in 2015, a turning point in the country's financial crisis. Former Greek finance minister Yanis Varoufakis and German parliamentarian Fabio De Masi, who will appeal Tuesday's...
ATHENS, Jan 25- Reform fatigue and external risks could dampen Greece's effort to maintain robust growth, the International Monetary Fund said on Friday, after concluding its first review since the country emerged from an international bailout. Although Greece's bailout program, the third since 2010, expired in August, Athens has promised to continue...
LONDON, Jan 17- Italy's short-dated government bond yields hit their lowest levels in half a year on Thursday, bolstered by this week's successful bond sale, while Greek bonds also shone after Prime Minister Alexis Tsipras survived a no confidence vote. Most notably, Italy's two-year bond yield briefly touched its lowest level since before the heavy sell-off...
LONDON, Jan 17- A rally in peripheral euro zone bonds gathered momentum on Thursday, bolstered by successful bond sales from Italy and Spain and extending to Greece after prime minister Alexis Tsipras survived a no confidence vote in parliament. Italy's government bond yields fell the most and were down up to 6.5 basis points across the curve.
The political situation is still fragile for Tsipras, whose party has only 145 seats in the Greek parliament — making him leader of a minority government.
*Spain sells 4.6 bln euros of bonds at auction. Euro zone bond markets have taken their cue this week from Britain, where gilt yields rose on Wednesday after the parliament rejected Prime Minister Theresa May's withdrawal agreement with the European Union. Peter Chatwell, rates strategist at Mizuho said that any optimism on UK politics was "sorely misplaced."
*Italy sells 10 bln euros in its biggest bond deal. *Italy bond yields lower outperform peers. LONDON, Jan 16- Italy's bond yields tumbled on Wednesday after record demand for a new 15- year bond a day earlier, while a selloff in UK gilts after a hefty parliamentary defeat for Prime Minister Theresa May's Brexit plans hurt broader euro zone debt markets.
The vote raises questions about the future of Tsipras' leadership and whether a snap election in the highest indebted euro zone economy could be just around the corner.
Greek Prime Minister Alexis Tsipras called the wildfires an “asymmetrical” phenomenon, but the country's residents are angry that the Greek authorities have failed to tackle the situation responsibly.
The inferno in Mati was by far Greece’s worst since fires devastated the southern Peloponnese peninsula in August 2007.
CNBC took a look at the latest debt relief measures to Greece and why they matter.
Greek Prime Minister Alexis Tsipras survived a no-confidence motion in parliament on Saturday.
The chief executive officer of Greece's largest lender expects that the emergency liquidity assistance given by the European Central Bank (ECB) will end in 2018.
Hedge fund manager Kyle Bass says foreign investors are readying to pour billions into Greece in a variety of sectors in 2018.
President Donald Trump appeared to endorse the deal, but the White House walked back his support soon after.
On Tuesday, President Trump met with Greek Prime Minister Alexis Tsipras to discuss military cooperation and US investment in Greece.
Despite Greece's economic woes, investors are finding opportunities for profit in the stock and bond markets.