Europe Top News and Analysis Greece

  • Beautiful Bali on a budget.

    Approximately 2 million people stay in Airbnb properties every night. But what are the most sought-after places? Here are the most wish-listed homes from the past decade, all of which are still available for rent.

  • BANGKOK, Feb 14- The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another luxury liner by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping...

  • BANGKOK, Feb 14- The plight of the cruise ship off Japan with more than 200 coronavirus infections and the shunning of another by five ports despite no known cases has led to a sharp change in tack for an industry in shock: avoid Asia. To that end, many cruises in the region are being cancelled while others currently sailing are being re-routed, skipping originally...

  • LONDON, Feb 13- Italy led a rally in euro zone bond markets on Thursday, with 10- year Italian bond yields hitting four-month lows on growing confidence the ECB will keep monetary policy easy for longer to protect the economy from the fallout of coronavirus. Italy's 10- year bond yield tumbled as much as six basis points to around 0.86%, narrowing the gap over safer...

  • LONDON, Feb 13- Euro zone government bond yields fell on Thursday, as investors flocked back to safe-haven debt markets after the Chinese province at the epicenter of the coronavirus outbreak reported a record rise in the death toll under a new diagnostic method. Concern that the spread of coronavirus will hurt the euro zone economy has weighed on inflation...

  • ATHENS, Feb 12- Air China will cancel flights to Athens, Greece, from Feb. 17 to March 18 as a precaution to stem the coronavirus outbreak, an Air China company official in Greece said on Wednesday. Air China currently flies to Athens from Beijing three times a week, on Monday, Wednesday and Saturday. The World Health Organization has likened the epidemic's threat to...

  • BRUSSELS, Feb 7- Euro zone finance ministers are set to agree this month a more growth-friendly fiscal policy, three EU officials said on Friday, a change from current targets that would pave the way for more spending in Germany amid fears of a downturn. Repeated attempts to boost investment and growth in the 19- country bloc have failed in past years as Germany, the...

  • BERLIN, Feb 7- Deutsche Telekom has told supplier Nokia it must improve its products and service to win business installing the German group's 5 G wireless networks in Europe, according to internal documents and a source with direct knowledge of the matter. Europe's biggest telecoms operator has dropped Nokia as a provider of radio gear from all but one of its...

  • LONDON, Feb 7- Britain is to protect Australia's plants and trees by helping the emergency collection of seeds in areas devastated by wildfires and storing some of the rarest specimens in the world's biggest wild seed bank. Scientists from the Royal Botanic Gardens at Kew in London will help the emergency seed collection and store precious specimens at its...

  • Prime Minister Boris Johnson is seeking to use the announcement to elevate the United Kingdom's environmental credentials after he sacked the head of a Glasgow U.N. Climate Change Conference planned for November known as COP26. "We have to deal with our CO2 emissions, and that is why the UK is calling for us to get to net zero as soon as possible, to get every country...

  • MILAN, Jan 29- Stripping government bonds of their risk-free status when they exceed certain thresholds on banks' balance sheets should not be "a taboo" as the Greek crisis showed such debt carries risks, a senior Italian banker said on Wednesday. Mediobanca Chief Executive Alberto Nagel said during a Breakingviews event in Milan that thresholds could be...

  • DUBAI/ LONDON, Jan 29- HSBC is considering exiting Turkey as part of broader cost-cutting measures under interim Chief Executive Noel Quinn, sources familiar with the matter said. The bank is also seeking to sell or shrink its business in other markets where it has subscale operations, including Armenia, Greece and Oman, the sources said. A spokeswoman for HSBC...

  • *Italian bond yields fall to lowest since early Oct. LONDON, Jan 29- Italy's 10- year bond yield fell to its lowest level since early October on Wednesday as sentiment in world markets improved and easing concern about Italian political risks kept investors interested in the euro zone's higher-yielding debt markets. Fears about the economic impact from the...

  • LONDON, Jan 28- Euro zone government bond yields rose for the first time in over a week, bouncing off three-month lows thanks to strong U.S. consumer confidence data. Yields rose sharply in late trading after U.S. consumer confidence exceeded expectations to hit its highest level since August. "The conclusion of the trade deal has probably seen a bounce in that, even...

  • LONDON, Jan 28- Euro zone government bond yields continued on Tuesday the previous day's sell-off as investors fretted about the economic impact of Chinas spreading coronavirus, snapping up safe-haven bonds and pushing long-term yields lower. Investors dialled back riskier positions and bought bonds, as the death toll from the coronavirus outbreak in...

  • LONDON, Jan 27- The Italian 10- year yield fell to a three-month low Monday after right-wing leader Matteo Salvini failed in his bid to overturn decades of leftist rule in the northern region of Emilia-Romagna on Sunday, bringing relief to the national government. But it has spread already to other countries including the United States, Australia and France.

  • Jan 24- Fitch Ratings on Friday upgraded Greece's credit rating to' BB' from' BB-', saying that GDP growth and fiscal prudence were leading to government debt remaining at sustainable levels. Greece, which implemented capital controls during the 2015 financial crisis, lifted them in September last year, paving the way to attract investment by restoring the free...

  • Jan 24- Fitch Ratings on Friday upgraded Greece's credit rating to' BB' from' BB-', saying that GDP growth and fiscal prudence were leading to government debt remaining at sustainable levels. The rating upgrade puts the Balkan country two notches below investment grade. The agency also upgraded its outlook to "positive" from "stable" on expectations that general...

  • ATHENS, Jan 24- Greece plans to liquidate Larco, one of Europe's biggest nickel producers which is struggling under heavy debt, and then look for an investor for some of the company's assets, its energy minister said on Friday. The European Commission said in November it was taking Greece to the European Court of Justice over its failure to recover 135.8 million...

  • ROME, Jan 24- Italy's 2019 budget deficit will probably come in below the government's official target of 2.2% of gross domestic product, Economy Minister Roberto Gualtieri said on Friday, pointing to the smallest fiscal gap for more than ten years. In September, the government of the anti-establishment 5- Star Movement and the centre-left Democratic Party...