Greece News | Greek News from Greece & the World

EWG to take place today to review progress of the Greek program
26/10/2017 10:04
EU officials will convene this afternoon to take stock of Greece’s progress in the clearance of state arrears. Given the positive recommendation by the delegates of the creditor institutions,...
Piraeus Bank´s €500 mn, 5-year covered bond issue was priced at 3m Euribor plus 250 bps
26/10/2017 10:02
The 5-year covered bond issue of Piraeus Bank was priced on Tuesday at 3m Euribor plus 250 bps. Piraeus raised €500 mn through a private placement with supranational organizations such as EBRD, E...
Eurobank issued a 3-year, 2.75% coupon covered bond
26/10/2017 10:00
Eurobank officially announced the successful conclusion of a Eur500 mn covered bond issue on October 24. The bond has a 3-year tenor and 2.75% annual coupon. It was priced at 99.349% leading to a f...
Trump congratulates Xi on his 'extraordinary elevation'
26/10/2017 07:02
US President Donald Trump praised Xi Jinping as a "very good person" after calling up the Chinese leader to congratulate him on his new five-year term. "Now some people might call him t...
EU parliament clamps down on workplace carcinogens
25/10/2017 08:16
Stricter rules on cancer-causing substances at workplaces have been adopted by the European Parliament. It’s added 11 carcinogens to a 2004 directive in a bid to save 100,000 lives across the EU...
Frigoglass announces conversion of convertible bonds and share capital adjustment
24/10/2017 15:49
Frigoglass announced that in the context of the restructuring, 163,984,878 new Company shares with a nominal value of EUR 0.36 each have been issued following the conversion of 163,984,878 Convertible...
Moody’s: Eurobank and NBG best placed to meet asset quality targets
24/10/2017 15:38
Eurobank and NBG have the lowest NPE ratio and are best placed to meet problem loan reduction targets, according to Moody΄s report.The four largest banks aim to reduce NPEs by around 40% in absolute ...
ESM to decide whether to disburse remaining 800 mln euros to Greece on October 26
24/10/2017 15:31
The European Stability Mechanism (ESM) said on Monday its board will meet on October 26 to discuss whether to disburse the remaining 800 million euros of aid to Greece. The disbursement will depend ...
Moscovici: Eurostat data confirm the unprecedented recovery of Greek fiscal data
24/10/2017 15:28
The fiscal data released by Eurostat which showed Greece recorded a budget surplus in 2016 confirm the "unprecedented recovery" the country has made, the EU΄s Economic and Financial Affai...
China's Communist Party enshrines 'Xi Jinping Thought' in constitution
24/10/2017 15:16
In a rare move, President Xi Jinping and his ideology have been officially adopted to the Communist Party constitution. The move hints at Xi΄s plans to be China΄s most powerful leader since Mao Zedo...

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