Gazprom is squeezing Athens for better terms to buy DEPA, Greece's sole retail gas distributor, a Greek official said, as the Russian gas export monopoly leverages its strength position as the only major player in the running.
While the improving markets mean bettors on the country’s stocks and bonds have made a killing, the real economy is still in dire straits, with the jobless the main sufferers
Last Friday, the Global X FTSE Greece 20 ETF (NYSE: GREK) surged over five percent on volume that was nearly six times the daily average. Much of that move can be attributed to the 19.5 percent gain by National Bank of Greece (NYSE: NBG), the...
A federal appeals court found that though the prayer at meetings in Greece, N.Y., could be given by members of all faiths and atheists, in practice almost all of the chaplains were Christian.
The Hellenic Financial Stability Fund (HFSF), Greece's bank rescue fund, is planning to offload two of its non-systemic small lenders namely, Hellenic Postbank and Proton Bank, in the middle of July this year.
Can countries like Greece and Spain endure the unyielding squeeze indefinitely? So far, they say yes. So, too, did Argentines—that is, until they didn't.
Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's foreign lenders said in an inspection review.