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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Tuesday, June 23, 2015

Is this the Greek debt news investors have been waiting for

Student property investment is increasingly being used as a portfolio safehaven Chances of a favourable resolution over the Greek debt crisis increased last night (June ...


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Greece heads to last-minute debt deal domestic reactions mixed

Greece and its international creditors were locked in nonstop deliberations on Tuesday in a race to finalize a debt deal by Wednesday's new emergency Eurogroup meeting. The ...


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Europe Studies Greek Proposals For Possible Deal

Fresh reform proposals submitted by Greece on Monday are being scrutinized by the country's creditors to weigh the scope for reaching an agreement in the Eurogroup meeting set for Wednesday, ...


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Greek debt countdown to June 30

(MENAFN - AFP) Greece along with its eurozone peers and creditors have just one week from Tuesday to nail down the detailed debt deal needed to keep the country afloat and safely in the single ...


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Greece Capitulates Tsipras Crosses “Red Line” Will Accept Bailout Extension

June 23, 2015 We've long said that negotiations between Greece and its creditors are more a matter of politics than they are a matter of economics or finance. From ...


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IMF disagrees with Greece on corporate tax VAT and pensions

FXStreet (C?rdoba) - According to EU sources, the International Monetary Fund (IMF) disagrees with Greece on corporate tax, VAT and pensions.Meanwhile, other headlines suggest ...


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Last call for Greece – BBH

"European officials have given Greece 48 hours to reach an agreement. Over the last several months there have been so many deadlines and last offers"."But the pending payment due to ...


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Eurozone on track for best growth in four years despite Greek debt storm

Any number above 50 would suggests the eurozone is growing, and June’s surprisingly strong reading indicates that the region's economy may be gathering momentum. Analysts had expected the ...


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Greeces new proposals get a positive reception from Eurogroup ministers

Monday’s emergency summit in Brussels ended more hopeful than it began, with Greece looking to have stepped back , if only slightly, from the brink of financial disaster. New budget ...


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Greek solution by the end of the week

After months of deadlock, a solution to the Greek debt crisis is near, says Guntram Wolff of the Brussels based think-tank, Bruegel. He joined euronews’ Efi Koutsokosta in our ...


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Bonds fall on hope of Greek debt deal

The bond market is weaker as increased optimism of a Greek bailout deal steers investors towards stock markets. News of a potential Greek deal spurred a sell-off in US Treasuries ...


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Japan stocks rally with world on Greek bailout hopes but Toshiba Sharp sink

Japanese stocks extended their upward campaign early Tuesday after rising hopes for a Greek bailout deal triggered a European relief rally and solid gains in the U.S. The Nikkei Stock ...


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Aussie dollar lower amid Greek debt talks

The Australian dollar is weaker as upbeat US economic data drives the greenback higher and as traders wait for an outcome to crucial Greek debt talks. At 1700 AEST on Tuesday, the ...


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Brussels meeting fails to reach deal on Greece

Greece between euro zone finance ministers broke up without a deal yesterday as they sought yet more talks with Athens in anticipation of a further bid to reach agreement. ...


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No end to Greece talks yet in sight as IMF deadline nears

European Commission president Jean-Claude Juncker (third from right), IMF managing director Christine Lagarde (second from right), ECB president Mario Draghi (back to camera), eurogroup ...


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Greece’s ‘first real proposals’ raise hope of debt deal ‘in 48 hours’

Greece Despite failing to reach an immediate agreement with international lenders, Greece hopes to secure a bailout deal this week to avoid a potential euro exit, after submitting a new ...


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Ministers unable to reach deal on Greece but door is still open

Eurozone finance ministers broke off talks on Monday without an agreement on Greece's bailout. They said they aimed to reach a deal later this week that might keep the country from ...


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Greece given 48 hours to reach debt deal with creditors

Greek Prime Minister Alexis Tsipras leaves the European Commission after a meeting ahead of a Eurozone emergency summit on Greece in Brussels. -- PHOTO: REUTERS ...


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Stathakis to the BBC Greece has been saved

Independent Balkan News Agency By Spiros Sideris His conviction that the new proposals of Greece broke the deadlock with lenders expressed the Greek Economy Minister Giorgos ...


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Greece offers compromise proposals

Hopes of a deal to prevent Greece crashing out of the euro have been raised after Prime Minister Alexis Tsipras offered a package of economic reforms, but a final agreement remained out of ...


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European markets rally despite uncertainty on Greece deal

Australia European markets rallied their socks off overnight, despite nothing being resolved with Greece.A day of high-level talks at a eurozone leader summit in Brussels failed to see a ...


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Greek proposals ‘a good basis for deal’

By Zacharias Petrou Ahead of the crucial Summit of European leaders and Eurogroup meeting on Monday, the Greek government sent the country’s creditors a proposal containing ...


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Euro stable against dollar as Greek debt deal shows life

The?euro?held steady against the dollar on Monday as signs mounted that Greece was making some progress with creditors over its bailout after five months of ...


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Shared poll What do Germans and Greeks believe for a debt relief and their governments

Independent Balkan News Agency By Spiros Sideris A different poll has been published, with Germans and Greeks answering two key questions regarding the debt haircut and the ...


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ECBs Draghi assured banks safe as long as Greece is in program source

European Central Bank President Mario Draghi told Prime Minister Alexis Tsipras that Greece's stricken banking system would remain protected so long as the country stuck with its ...


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FTSE LIVE Footsie seen slipping back as Greek deal not seen until Thursday

The Footsie is expected to open around 6 points lower in early trade this morning, slipping back after strong gains in the previous session as hopes for a Greek bailout accord were put back until ...


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Asian stocks rise on optimism over Greece debt talks

U.S. stocks gained on deal news in health care and energy. Health insurer Anthem announced a $47 billion bid to acquire competitor Cigna. Cigna rejected the bid as inadequate. Shares in Williams Cos. ...


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The endgame in Greece

(MENAFN - The Journal Of Turkish Weekly) After months of wrangling, the showdown between Greece and its European creditors has come down to a standoff over pensions and taxes. Greece is refusing to ...


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Irish banks at risk if Greece quits Eurozone

Greek Finance Minister Yanis Varoufakis, left, speaks with Irish Finance Minister Michael Noonan at the start of the annual meeting of the European Stability Mechanism Board in Luxembourg on ...


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David Weidners Writing on the Wall Greece exposes EU’s critical flaw

of the Greek debt crisis. Or not, if another 11th-hour agreement to delay the inevitable is reached. Unfairly, Greece has hogged prime space on the financial pages for what is, in the end, a very ...


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In the Press Positive steps in Greek debt negotiations

Eurozone ministers will be meeting again this week after formulating a cash-for-reforms deal that was hailed as a positive step forward. Should the deal be approved, it would be ...


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The IMFs tough choices on Greece

(MENAFN - The Journal Of Turkish Weekly) The International Monetary Fund's chief economist, Olivier Blanchard, recently asked a simple and important question: "How much of an adjustment has ...


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Awaiting debt deal Greeks resist expected reforms

As Greece awaits an emergency economic deal to stave off bankruptcy -- which could come later this week -- some are urging the government not to give in to demands of the country's international ...


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Greek People Demand Their Own Destruction

Scuffles broke out as thousands of protesters poured onto Syntagma Square in front of the Greek parliament in Athens to demand the country stays in Europe.(image ...


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Holiday prices fall over Greek economic uncertainty

Comments "Since the end of last week, customers are now paying up to EUR50 less per person - that wasn't there a few weeks ago," said Lorraine Roche of Torc Travel in Killarney, Co ...


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Indian Shares Poised To Open Higher On Greece Optimism

across Asia after Greece's creditors suggested for the first time that a deal is in the works to save the country from default and a possible euro exit. Oil prices fell in Asian deals after ...


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New Greek proposals have finally broken the deadlock – Greek EcoMin Stathakis

economy minister Giorgos Stathakis said, new Greek proposals have finally broken the deadlock with foreign lenders.Stathakis said that he expected the Euro group would issue a government-level ...


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Asian Markets Mostly Higher On Greek Deal Optimism

are mostly higher on Tuesday, reflecting optimism that Greece will finally reach an agreement with its international creditors later this week.Greece has reportedly submitted a new proposal that ...


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No Happy Ending for Unfolding Greek Tragedy

It's shaping up to be a long, hot summer in Greece. Once again, the Greek economy is weeks away from utter collapse, as Greece has run out of money to continue servicing its ...


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Morning news headlines Titanic composer James Horner dies in plane crash hopes rise for Greek deal this week

TITANIC COMPOSER JAMES HORNER DIES Oscar-winning Titanic composer James Horner has died in a plane crash in southern California. A single-engine plane registered to the 61-year-old crashed ...


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More market optimism as Greek debt deal creeps closer

In Athens the share index rose a further 2.6 percent after Monday’s 9 percent increase. Shares were up in France and Germany and the Nasdq and the Dow joined in ...


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EURUSD bounces off 1.1250 Greece eyed

Spot is rapidly losing ground today after upbeat Chinese PMI and renewed hopes of a EU-Greece deal failed to ignite a more sustainable demand for the European currency.The selling pressure around ...


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EURGBP drops as Greek deal optimism faded away

The optimism triggered by EU chief's comments on Monday faded away as the investors await more precise and definite news regarding Greece from Brussels. The pair could also be influenced by the ...


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EURUSD forecast still waiting for a Greek deal – Commerzbank and OCBC Bank

so far, which has found support around the mid-1.1200s so far.In the view of Axel Rudolph, Senior Technical Analyst at Commerzbank, the pair "still faces a tough band of resistance offered by ...


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At the open TSX starts broadly higher on Greece optimism

Canada's main stock index opened sharply higher on Tuesday, tracking global markets as optimism that a deal could be reach to stave off a Greek default bolstered investor sentiment.The ...


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Greek business on the rack and fears further stretching by debt deal

Even before any ink has been put to paper on a solution for the Greek debt crisis the Greek Retailers Association has said the government’s budget proposals will hurt small to medium sized ...


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Lowest scores ever in Modern Greek exams

By Constantinos Psillides MODERN Greek exams have caused yet more uproar after official results posted on Tuesday showed that students scored the lowest ever scores in ...


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SYRIZA MPs Fury Over Reforms Plan

The scheme kept secret by Greece's ruling Radical Left SYRIZA party and presented to international lenders proposes giant END .article-big-block -- ...


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Russian Pipeline Deal Splits SYRIZA

The scheme kept secret by Greece's ruling Radical Left SYRIZA party and presented to international lenders proposes giant END .article-big-block -- ...


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Greek crisis Athens defends planned tax rises

Greek Prime Minister Alexis Tsipras declared last night that the ball is now in the creditors' court.... Photograph: Charles Platiau/Reuters ...


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