Latest News for: Greek debt


How Did Etruscan Civilization Influence the Roman Empire?

Greek Reporter 21 Feb 2024
The Romans even owe a debt to the Etruscans for their writing, following the fact that the Etruscans adopted their alphabet from the ancient Greeks—directly or through the Phyrgians—and the Romans began the craft of writing using this same alphabet.

After the Currys share price rockets, here are more potential UK takeover targets!

The Motley Fool 20 Feb 2024
With many UK stocks continuing to look cheap, the vultures have started to circle ... Withering on the vine ... Competition ... Moreover, following the disposal of its Greek business this year, the company is set to significantly improve its debt position ... .

Currys board should play hardball with opportunistic bidders

The Observer 19 Feb 2024
Sign up to Business Today. Free daily newsletter ... For more information see our Privacy Policy ... after newsletter promotion ... On the other side of the ledger, the group should soon be debt-free after agreeing the sale of its Greek business for £156m ... .

Work below cost

Ekathimerini 18 Feb 2024
It means that the Greek economy is massively producing the new poor ... It was thanks to the devaluation of labor that the competitiveness of the Greek economy improved in the years of the deep debt crisis – and it bore the heaviest burden.

Greek commandos rescue inspectors held on seized tanker.�Captain arrested.

Greek City Times 13 Feb 2024
Plans for the vessel’s sale to Greek interests were thwarted when it was seized for outstanding debts, culminating in the dramatic events off the coast of Chios. As investigations unfold, Greek ...

Kyriakos Mitsotakis writes in The Economist about Greek politics and populism

Greek City Times 12 Feb 2024
The chequered history of Greek politics since 1945 suggests that where there is a vacuum there is often trouble ... Credit-rating agencies rewarded us by returning Greek debt to investment-grade status.

German RWE and Greek PPC agree to build solar project in Greece

Anadolu Agency 08 Feb 2024
Financing for the remaining amount includes €76.6 million in commercial debt from a consortium of Greek banks, namely Alpha Bank, Eurobank and the National Bank of Greece, and €51.1 million in shareholder equity.

PM highlights Greek economic progress, reform commitment

Ekathimerini 26 Jan 2024
Greece has embraced a healthy path to economic growth, supported by sensible policies and impactful reforms, and has achieved an impressive drop in its debt to GDP ratio,” he said.

Mitsotakis to Bloomberg: 2024 will be a good year for the Greek economy, same-sex marriage ...

Greek City Times 20 Jan 2024
If one looked at Greek spreads, Mitsotakis noted, Greek bonds were trading ... “What we must do is continue to generate a primary surplus and reduce our debt to GDP ratio through sustainable growth.

Bad private dues outsize GDP

Ekathimerini 18 Jan 2024
The overdue debt owed by Greeks to the state and financial institutions – i.e ... These debts are divided between public and private sector entities as follows ... Most applications concern citizens with debts in the range of €50,000-200,000.

ALEX BRUMMER: Fintech picks up the slack as grocers shelve their banking divisions

The Daily Mail 18 Jan 2024
Big shopping concerns decided in the 1990s that what banking needed was consumer know-how ... With debt vanishing, helped by the Greek disposal, there is greater focus on investment in integration of systems allowing a closer grip on overseas operations.

Greece plans to start stake sale in Piraeus Bank by March – sources.

Greek City Times 15 Jan 2024
Greek banks are expected to post strong profits for 2023 and 2024 and hope to start paying dividends in 2024 for the first time since 2010 when the Greek debt crisis erupted ... Greek debt crisis erupted.

Why Greeks still love their smashing nights out

Killeen Daily Herald 12 Jan 2024
Piles of crockery are broken at the singer's feet -- a decades-old tradition of late-night folk revelry that has survived dictatorship, the Greek debt crisis and now Covid.

Travelling to Greece? Prepare to pay a new tax

Hindustan Times 11 Jan 2024
After emerging from a debt crisis in 2018, tourism has been the main driver of Greece's economy and generates around a quarter of Greece's GDP even as some critics warn of the impact of "overtourism" ...

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In this photo provided by the Ukrainian Presidential Press Office, Ukrainian President Volodymyr Zelenskyy, left, shakes hand with a soldier during his visit to the front line city of Kupiansk, Kharkiv region, Ukraine, Monday, Feb. 19, 2024
AP / Ukrainian Presidential Press Office via AP