Europe Top News and Analysis Greece

  • LONDON, Sept 13- Core euro zone bond yields rose to six-week highs on Friday as concern crept into the market that the European Central Bank is reaching the limits of what its policy can achieve, a day after the bank pledged indefinite stimulus to boost a weak economy. Several ECB officials cast doubt on the effectiveness of and the need for the measures on Friday,...

  • ATHENS, Sept 10- Talks between Greek jeweler Folli Follie and creditors over a rescue plan are at a "critical" stage and are expected to conclude in the coming weeks, its chairman said on Tuesday. It published its delayed audited 2017 statements in July, showing it overstated annual revenue by more than 1 billion euros, and presented an alternative overhaul scheme...

  • Greek Prime Minister Alexis Tsipras

    Former Greek Prime Minister Alexis Tsipras has told his main political rival to make good use of what he achieved over the last four years.

  • Brexit damage will be huge for everyone — especially strong EU states, Alexis Tsipras says

    Former Greek Prime Minister Alexis Tsipras discusses Britain's Brexit negotiations with the EU.

  • *Greece is no longer black sheep of Europe says PM. THESSALONIKI/ ATHENS, Sept 7- Greece's prime minister detailed tax cuts for austerity-hit Greeks and companies strained during a decade-long debt crisis, and promised reforms aimed at convincing lenders to ease the nation's fiscal target from 2021.. "Greece is no longer Europe's black sheep," Mitsotakis said...

  • ATHENS, Sept 7- Greece's prime minister is expected on Saturday to detail tax cuts for companies strained by years of austerity, while also promising pro-business reforms aimed at convincing lenders to ease the nation's fiscal target from 2021.. Conservative premier Kyriakos Mitsotakis was elected two months ago, replacing his leftist predecessor Alexis...

  • Germany's firms have been caught in the crossfire of a U.S.- China trade conflict, its economy- Europe's largest- contracted on weaker exports in the second quarter, and leading economists say it is facing a recession, especially after weak industrial data published this week. China and the United States are due to resume trade talks this month, with more senior...

  • *Gazprom market share falls to 35% in Turkey, 50% in Greece. LONDON, Sept 6- Russian gas exports to Turkey and eight other southeast European nations fell by more than a quarter in the first half of 2019 as cheaper liquefied natural gas and new Azeri supplies helped the region reduce reliance on Russia. Russian exports to Turkey, the biggest regional market, fell 36%...

  • "We hope that there will be a solution in the trade dispute with the United States since it affects everybody" in the world, Merkel told Chinese Premier Li Keqiang at Beijing's Great Hall of the People during a two-day trip to China. China and the United States are due to resume trade talks this month, with more senior consultations next month in Washington.

  • ATHENS, Sept 5- Greece will comply with a 3.5% of gross domestic product primary budget surplus target agreed with its euro zone partners this year and next but will seek to lower the fiscal goal to near 2% in 2021, its government spokesman said on Thursday. The European Central Bank and other euro zone central banks will realise profits on their holdings of Greek...

  • ATHENS, Sept 4- Piraeus Port Authority, operator of Greece's largest port, has increased its investment plans to attract more business at one of Europe's largest harbours, a government spokesman said on Wednesday. PPA, majority owned by China's COSCO Shipping, has submitted to Greece's shipping ministry an 800- million-euro plan, government spokesman Stelios...

  • LONDON, Sept 4- German bond yields jumped to their highest level in over a week on Wednesday as demand for safe haven assets eased after Italy's 5- Star Movement approved a coalition deal with the Democratic Party and lawmakers opposed to a no-deal Brexit gained the upper hand in Britain. Latest comments from European Central Bank policymakers meanwhile...

  • LONDON, Sept 4- German bond yields jumped to their highest level in over a week on Wednesday as the demand for safe haven assets eased after Italy's 5- Star Movement approved a coalition deal with the Democratic Party and lawmakers opposed to a no-deal Brexit gained the upper hand in Britain. Latest comments from European Central Bank policymakers meanwhile...

  • ATHENS, Sept 2- Cyprus has fully repaid a loan it secured from Russia in 2011, its finance minister said on Monday, a debt assumed by the island's former communist-led administration to keep it afloat at the peak of a financing crisis. Cyprus had negotiated a 2.5 billion euro loan from Moscow in 2011 as the island started feeling the effects of a financial downturn...

  • *Ankara says not Turkey- bound; Beirut says no information. OSLO/ ISTANBUL, Aug 30- Turkey said on Friday that an Iranian oil tanker at the centre of a confrontation between Washington and Tehran was headed to Lebanon's waters after changing course several times, although Beirut said it was not informed of the plan. When the ship was released off Gibraltar in...

  • OSLO/ BEIRUT, Aug 30- Turkey said on Friday that an Iranian tanker at the centre of a confrontation between Washington and Tehran was headed to Lebanon after changing course several times, although Beirut said it was not informed of the plan. According to Refinitiv tracking data, the Adrian Darya, formerly called Grace 1, made a U-turn on Friday and headed for...

  • LONDON, Aug 29- Italian and Greek bond yields hit record lows on Thursday after Italy's president gave Giuseppe Conte the green light to head a new coalition government, fuelling demand for risk assets. Italian President Sergio Matarella gave Conte a new mandate to form a government comprising the ruling 5- Star Movement and opposition Democratic Party.

  • LONDON, Aug 29- Italian and Greek bond yields hit record lows on Thursday after Italy's president gave Giuseppe Conte the green light to head a new coalition government, fuelling demand for risk assets. Italian President Sergio Matarella gave Conte a fresh mandate to form a government comprising the ruling 5- Star Movement and opposition Democratic Party.

  • *European shares and Italy and Greece bonds rally on Rome pact. *Argentina says wants to restructure chunk of debt. LONDON, Aug 29- Signs that Italy's latest political drama was over and hopeful noises from Beijing in the trade war pushed Europe's share markets higher on Thursday and paused the relentless steamrollering of global bond yields.

  • ATHENS, Aug 26- Greece is fully lifting its remaining capital controls, Prime Minister Kyriakos Mitsotakis said on Monday, in a move signalling the economy's continuing return to stability after the tumult of three international bailouts since 2010.. Athens imposed capital controls in June 2015, when Greece was embroiled in a dispute with lenders over how to...