News about Greece

Merkel under fire over possible 'Grexit'

German Chancellor came under fire over a magazine report suggesting she would be prepared to let Greece exit the euro should a far-left party win a snap Greek election.
05 January 2015 12:51

Final Greek presidential vote as fresh crisis looms

Greece's parliament will try to elect a president on Monday in a last-ditch bid to avoid snap general elections that could bring the hard-left to power and spark new concerns over the eurozone economy.
29 December 2014 14:05

Bank of Cyprus completes $1 bn private share placement

Bank of Cyprus, the island's largest lender, has completed a one billion euro ($1.34 billion) capital increase in a private placement to help it restructure following a haircut on deposits last year.
30 July 2014 04:43

Crete counts on cravings to catch mystery croc

A Greek reptile expert began an operation to trap a two-metre long crocodile that mysteriously appeared in a man-made lake on the tourist island of Crete last weekend.
11 July 2014 21:17

After eurozone crisis, IMF rethinks rescues

The International Monetary Fund is rethinking bailouts in the wake of the eurozone crisis, with an eye to giving governments near default better options to stabilize their finances.
21 June 2014 12:48

Exchange Rates

 485.31   550.55   6.44 

 

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