Eurozone jobless rate holds on to post-crisis low
The eurozone jobless rate held at the lowest level in some seven years in November as a modest economic upturn continues, official data showed on Monday.
Jan 09, 2017, 16:39 PM IST
Greece needs debt relief to combat crisis: UN expert
Greece needs debt relief from its international creditors to combat its dual economic and refugee crises, a UN expert said Tuesday.
Dec 08, 2015, 18:28 PM IST
Greek economy grew by 0.9% in Q2
Greece`s economy grew by 0.9 percent in the second quarter, official date showed Friday, improving on the 0.8 percent figure reported in a flash estimate earlier in August.
Aug 28, 2015, 15:48 PM IST
Greek privatisations to go ahead: outgoing economy minister
"The agreed arrangements have been agreed and will be applied," Georges Stathakis told reporters in answer to a question on the planned privatisation of Piraeus port, the national railway company and a string of other ports and airports.
Aug 26, 2015, 21:39 PM IST
Greek economy grew 0.8% in Q2, averted recession in Q1
The figures showed second quarter growth up 1.4 per cent compared to the same period the previous year.
Aug 13, 2015, 19:01 PM IST
Greece will tumble back into deep recession in 2015: EU
The Greek economy, which crawled out of a six-year recession only in 2014, will shrink 2.3 percent in 2015 and another 1.3 percent in 2016, the sources said.
Aug 12, 2015, 18:30 PM IST
Greece's third bailout agreed 'in principle'
"What we don't have is a political agreement," said Commission spokeswoman Annika Breidthardt, hours after Athens suggested that the deal was all but done.
Aug 11, 2015, 19:50 PM IST
''Greek economy to be one third smaller than at peak level''
A leading economic think tank on Wednesday forecast that Greece`s GDP will shrink this year by three percent and 2.3 percent next year. Thus it will eventually be nearly a third smaller than it was at its peak.
Aug 05, 2015, 23:19 PM IST
Greek stocks plunge 22% as bourse reopens
The country`s main banks took a heavy blow at the opening with drops of around 30 percent.
Aug 03, 2015, 13:30 PM IST
Greeks brace for stock market carnage after five-week shutdown
Trading on the Athens bourse was suspended in late June as part of capital controls imposed to stem a debilitating outflow of euros that threatened to collapse Greece`s banks and hurl the indebted country out of the euro zone.
Aug 03, 2015, 09:31 AM IST
Greece bailout talks to start on Monday
Meetings with officials from the European Commission, European Central Bank (ECB) and the International Monetary Fund (IMF), which had been expected to begin on Friday, were delayed by logistical issues, including the location of talks and security.
Jul 26, 2015, 17:06 PM IST
Greece bailout talks to start on Monday
Meetings with officials from the European Commission, European Central Bank (ECB) and the International Monetary Fund (IMF), which had been expected to begin on Friday, were delayed by logistical issues, including the location of talks and security.
Jul 26, 2015, 17:06 PM IST
Greece to vote on second bailout bill in test for Tsipras
Greek lawmakers are on Wednesday set to vote on a second batch of reforms that must pass if Athens is to receive its third huge international bailout, in a key test of Prime Minister Alexis Tsipras` authority.
Jul 22, 2015, 11:26 AM IST
More than half of Germans think planned Greek deal is bad: Poll
Lawmakers in Germany, the biggest contributor to euro zone bailouts, on Friday gave their go-ahead for the currency bloc to negotiate a third bailout for Greece that could total 86 billion euros ($93 billion) over three years.
Jul 19, 2015, 09:09 AM IST
Greek government suffers defections as austerity vote looms
The vote will almost certainly see large numbers of Syriza lawmakers dissent and vote against the package, raising questions of the government's survival in its current form.
Jul 15, 2015, 18:02 PM IST
Euro zone summit aims to keep Greece in single currency
In return, leftist Prime Minister Alexis Tsipras will be required to enact key legislation in parliament on Monday to start restoring the broken trust of his partners in the 19-nation currency union to win a third bailout, ministers said.
Jul 12, 2015, 17:50 PM IST
EU scraps Greece summit with bailout deal on knife-edge
The EU cancelled a full 28-nation summit on Sunday to decide whether Greece stays in the European single currency as a divided eurozone struggled to reach a reform-for-bailout deal.
Jul 12, 2015, 17:10 PM IST
EU cancels summit on Greece as eurozone talks continue
"I have cancelled EUCO (the European Union summit) today," European Council President Donald Tusk said in a tweet.
Jul 12, 2015, 15:50 PM IST
Overwhelming majority of Greeks want to keep euro, poll shows
The poll by Metron Analysis for Parapolitika newspaper showed that although the overwhelming majority of those polled want to remain in the single currency, 55 percent said it was the right choice to vote `No` in last weekend`s referendum on tough austerity measures.
Jul 11, 2015, 00:18 AM IST
Overwhelming majority of Greeks want to keep euro, poll shows
A total of 84 percent of Greeks want to keep the euro, an opinion poll released on Friday showed, with just 12 percent favouring a return to the drachma, as the country races to clinch a cash-for-reforms deal with its creditors.
Jul 10, 2015, 22:56 PM IST
