Latest News for: Greek debt


What if Occupy became a worldwide rebellion?

Dissident Voice 28 Oct 2021
Yanis Varoufakis’ new book, Another Now, is a utopian novel ... So, if that turns you off, you might as well not read further ... In 2015, given his reputation, he was appointed the Greek Finance Minister in the left-wing government and tried to negotiate with EU bankers a favorable financial settlement of Greek debt ... Power, however, never totally succeeds.

Fincantieri wants to restructure Elefsis shipyards

Seatrade Maritime News 26 Oct 2021
Elefsis is the third Greek shipbuilding and shiprepair facility that has attracted investor interest in a planned debt restructuring and turnaround, Hellenic Shipyards, Skaramanda and Neorion Shipyards located on the island of Syros ... The Greek government offers its full backing to ...

Fiscal policy needs to remain responsible

Ekathimerini 26 Oct 2021
Discussions in the European Union last week about the new fiscal rules, based on the European Commission proposals, indicated to the Greek government that it is no time for fiscal relaxation, but for responsible policy ... The first signs point to an intention to change the debt clause.

Foreign Investors Scooping Up Greek Businesses During Pandemic

The National Herald 26 Oct 2021
ATHENS -- Even the lingering COVID-19 pandemic isn’t slowing interest by foreign companies in acquiring Greek businesses and having a presence in the country whose stock is rising in sectors from hotel to technology and tourism ... 620 million euros ($720 million) in debt.

Interest gathers in Athens bond market

Seatrade Maritime News 25 Oct 2021
Nasdaq-listed Star Bulk is not among them because it is focusing on reducing debt, but “when this is done we may consider the Greek bond market” Spyrou told the Marine Money Greek Ship Finance forum on October 20 ... Greek PM calls for carbon ETS level playing field ... Greek ...

Fincantieri makes move on indebted Elefsis Shipyard in Greece

Tradewinds 22 Oct 2021
... Elefsis Shipyard, a debt-ridden facility west of Athens.

Greek Public Debt at 206.3% of GDP in 2020

The National Herald 21 Oct 2021
The general government debt totaled 341.086 billion euros, or 206.3% of ... The latest figures showed that Greek public debt was 0.7 points higher than the initial report, while the fiscal deficit was up 0.4 points.

EU to re-think its ‘stupid’, ‘recession-aggravating’ budget rules

Irish Independent 19 Oct 2021
An EU budget bunfight today begins today as Brussels launches a review of its fiscal rules, seeking to pay down Covid debts while raising cash to cope with climate change ... They were last overhauled in 2013 after the Greek debt crisis, and are seen by many as the main cause of the double-dip recession that followed the financial crash. Read More ... .

The Men Who Are Killing America’s Newspapers

The Atlantic 14 Oct 2021
When plans for the building were announced in 1922, Colonel Robert R ... Peter’s Basilica—and send them back to be embedded in the tower’s facade ... [ Read ... In legal filings , Alden has acknowledged diverting hundreds of millions of dollars from its newspapers into risky bets on commercial real estate, a bankrupt pharmacy chain, and Greek debt bonds ... L.

IMF: Greek economy expected to grow by 6.5% this year

Greek City Times 12 Oct 2021
The Greek economy is expected to grow by 6.5% this year and 4.6% in 2022, the International Monetary Fund said on Tuesday ... economic growth, greece, Greek economy, IMF. Previous Article Pfizer vaccine pill on its way says Greek CEO Albert Bourla ... Pfizer vaccine pill on its way says Greek CEO Albert Bourla.

The limits of optimism

Ekathimerini 07 Oct 2021
There are at least two reasons for the current optimism over the Greek economy ... The substantial financial support extended by Europe was planned precisely because the Greek economy combines a high level of public debt with an equally concerning investment gap ... The Greek economy still has a long way to go to reach the European average.

ECB’s portfolio of Greek bonds tops €32 billion

Ekathimerini 07 Oct 2021
The ECB is examining ways to continue buying Greek bonds despite the fact Greek debt has not yet been rated as investment grade by international credit rating agencies.

History of Capitalism: The Destruction and Grabbing of Collective Commons

GlobalResearch 06 Oct 2021
In England at the end of the 17th century, they arrive at a systematic combination, embracing the colonies, the national debt, the modern mode of taxation, and the protectionist system ... Its weapon of choice is debt ... “Public debt ... He was the scientific coordinator of the Greek Truth Commission on Public Debt from April 2015 to November 2015.

Greece eyes business in Libya as mission offices reopen

Ekathimerini 05 Oct 2021
Following the inauguration of the Consulate General of Greece in Benghazi and the reopening of the Greek Embassy in Tripoli, Greece is eyeing business in the North African country.

Greek Coast Guard to train Libyan counterparts as part of expansion of bilateral ties

Greek City Times 04 Oct 2021
According to sources, the meeting was friendly, though Fragogiannis emphasised that it was necessary to first arrive at a settlement regarding the debts owed to Greek investors for their previous investments in Libya, before any new investments are made ... How Greek Muslim spies exchanged information about Greek ships for Turkey.