Showing posts with label Greece's economy. Show all posts
Showing posts with label Greece's economy. Show all posts

August 13, 2015

Greek economy surprises, returns to growth in second quarter

Greece's economy unexpectedly returned to growth in the second quarter despite political turmoil and the threat of a Greek euro zone exit, data showed on Thursday.

June 08, 2014

Greek economy shrinks at slowest pace since 2008

(Reuters) - Greece's economy shrank in the first quarter at its slowest annual pace since late 2008 when its protracted recession began, data showed on Friday, supporting projections that Athens will emerge from a crippling six-year slump this year.

February 16, 2014

Greek economy contracts less than expected, points to 2014 recovery

Feb 14 (Reuters) - Greece's economy shrank by a smaller-than-expected 3.7 percent last year, marking the first time it has outperformed expectations since a debt crisis took hold and boosting hopes for a recovery this year.

December 24, 2012

Euro-pocalypse not now

BRUSSELS, Belgium — The ancient Maya may not have had much to say about Europe's shared currency, but there were plenty of others willing to predict the euro would meet its doom in 2012.

October 30, 2012

Greece says EU and IMF lenders refuse to concede on reforms

ATHENS: Greece's foreign lenders have refused to make any further concessions on changes to labour laws contested by a junior coalition partner, the country's finance minister said on Sunday, prolonging an impasse on a crucial austerity package.

January 05, 2012

Greece: Clinch bailout or face euro exit

(Reuters) - Greece will have to leave the euro zone if it fails to clinch a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday.

November 16, 2011

Dow slides 75 points on fears Europe's debt crises escalating

New York. The stock market fell Monday after a jump in Italy's borrowing costs reminded investors of how much work remains to be done to contain Europe's debt problems.

November 14, 2011

Euro Gains From 1-Month Low on Optimism Europe Moving on Debt

Nov. 12 (Bloomberg) -- The euro rose from a one-month low versus the dollar amid optimism European leaders are tackling their debt crisis after Italy’s Senate approved an austerity bill yesterday and Greece swore in a new prime minister.

July 01, 2011

Greece's economy to slump before rebounding on economic reforms: Finance minister

ATHENS - Greece's economy will slump further before starting to expand again next year thanks to fast injections of EU funds and reforms to spur growth, new Finance Minister Evangelos Venizelos told Reuters on Friday.

In his first interview to international media since being appointed last month, Venizelos pledged to accelerate efforts to sell off state companies and crack down on tax evasion, saying violent anti-austerity protests masked a high level of political consensus on the need to reform and keep Greece in the euro zone.