World news about “Greek debt” published by euronews.
Fitch upgrades Greece’s credit ratingRatings agency Fitch upgraded its sovereign credit rating for Greece by one notch on Tuesday, citing progress in cutting its budget deficit and the risk of a… 14/05/2013
Greece: 15,000 public sector jobs cut to secure bailout money The dust is beginning to settle in Athens following the approval of mass layoffs of government workers by the parliament on Sunday. Over 15,000 people face… 29/04/2013
Greece to pursue wartime damage claim from Germany to ease economic woes Greece says it plans to pursue Germany for billions of euros in compensation for damage suffered during World War II as a way of easing its debts. The move… 24/04/2013
Rocky road to recovery as Greece concludes latest bailout deal Greece has secured a deal to unlock the latest bailout instalment. The Troika agreed to grant the 2.8 billion euros loan on the condition that Athens cuts… 16/04/2013
Greece reaches bailout deal, Portugal offers new austerity Greece has been given a clean bill of health by the “troika” of creditors – the European Commission, International Monetary Fund and European Central Bank –… 15/04/2013
Negative inflation in Greece from deep recession Inflation in Greece was negative last month for the first time in 45 years. That is because prices are being pushed down by the country’s deep… 09/04/2013
‘TOP SECRET’ report may reveal Germany owes Greece billions of euros Greek newspaper To Vima claims a secret report details huge amounts of money owed to Athens by Germany for World War Two reparations and unpaid loans. The… 07/04/2013
Cut jobs, get cash – formula for Greece to stay afloat Greece’s international lenders say the country has made “significant progress” with its economic reforms, but no deal has been reached on the latest 2.8… 14/03/2013
euronews looks ahead to 2013 Who will be the world’s leaders in 2013? How will Europe fare? Will Italy get a new leader, what will be the futures of Syria, Egypt or the Arab regimes… 01/01/2013
Greece: ex-finance minister in firing line over tax list Politicians from a number of parties are calling for the law that protects ministers in Greece from prosecution not to apply to former finance minister George… 29/12/2012
Upgrade good news for Greece Greece’s borrowing costs have fallen after Standard & Poor’s lifted its assessment of the country’s credit rating. That means the credit agency’s assessment… 19/12/2012
Christmas cheer limited in Greece The people of Greece end the year under foreign guardianship and with tax reforms imminent. It has been their fifth consecutive year of recession. Only… 18/12/2012
Greek debt buyback a partial successs Greece’s attempt to reduce its debt has been only a partial success. Athens was able to buy back more of its long term government bonds that it had… 11/12/2012
Greece extends buyback deadline in the hope of more bids Greece has extended a buyback invitation that is part of its international bailout agreed with the EU and IMF last month. The deadline has been pushed… 10/12/2012
Eurogroup ministers consider Greek debt buyback Eurozone finance ministers met in Brussels with many offering their reactions to news that Greece would buy back some of its bonds to cut its debt load… 03/12/2012
Greek bonds boosted by buyback details Greece is to spend 10 billion euros to buy back government bonds, offering a better deal than investors had feared. The move is part of efforts to reduce… 03/12/2012
Eurozone and the IMF agreement to release the next tranche of aid for Greece EU leaders managed to buy Greece some time this week, now we’ll take a look at how they are trying to forge a closer union. EUROGROUP: DEAL ON GREECE The… 01/12/2012
Eurozone edges towards two-speed Europe The eurozone will move closer to creating a two-speed Europe if MEPs and the 17 countries using the single currency back plans by the European Commission for… 28/11/2012
Greek bond buyback scheme key to economic stability Greece’s plan to buy back bonds from private investors must work according the Greek Finance Minister Yannis Stournaras. The bond buyback is a part of the… 28/11/2012
European markets at close: 27.11.2012 27/11/2012
Greek bank stocks drop despite EU/IMF deal Greek bank stocks dropped ten per cent amid fears that the Greek debt buyback plan will further erode their diminishing capital base. The stocks fell… 27/11/2012
IMF and eurozone chiefs discuss Greek aid deal Eurozone finance ministers are meeting with IMF officials in Brussels to discuss whether to release the next installment of bailout aid for Greece. It’s the… 26/11/2012
Eurozone finance ministers edge towards Greek deal Eurozone finance ministers are close to a deal on paying out the next installment of bailout aid to Greece. It could be approved as early as Tuesday… 20/11/2012
Eurogroup and IMF prepare for more Greek talksA leading figure in the European Central Bank has suggested euro zone countries should agree funding for Greece over the next two years. That would put off a… 19/11/2012
Earn your haircut Greece is told As Greece waits for the release of 31 billion euros of emergency loans one top official has said the country will have to earn any, “haircut” on its… 16/11/2012
Row sparks fears of crisis within a crisis How much is the debt crisis in Greece highlighting a crisis within a crisis? International lenders clashed over how Athens can bring its debts down to a… 13/11/2012
EU Brussels finance meeting leaves unanswered questions on Greece On the agenda for Ecofin’s roundtable meeting in Brussels – EU banking union and the next chapter in the story of the Greek debt crisis. But Greece’s… 13/11/2012
Greece holds breath on Eurogroup’s 31.5bn euro decision in Brussels As the eurozone’s finance ministers meet in Brussels, Greece will be hoping they’ve done enough to convince them that they are deserving of the next tranche… 12/11/2012
Greece waits for eurozone decision What to do with a problem like Greece, a seemingly enduring crisis? Eurozone finance ministers meeting in Brussels on Monday ruled out an immediate decision… 12/11/2012
More time for Greece? Confusion surrounds whether Greece has been given the additional two years it wanted to meet its bailout targets. Finance Minister Yannis Stournaras first… 24/10/2012
Greek reforms praised by ECB’s Draghi The president of the European Central Bank has given Greece a pat on the back for the economic reforms it has made so far, but Mario Draghi said there was… 09/10/2012
George Papandreou: The future of Greece George Papandreou was the leader of the Panhellenic Socialist Movement (Pasok). In 2011 the former prime minister found himself in uncharted waters as he… 03/10/2012
Greece gambles on quick fix in teeth of economic storm Greece is going for pain now in an attempt to produce a budget surplus in 2013 for the first time in a decade, but the economy is likely to shrink for a sixth… 01/10/2012
Credit Agricole’s Emporiki sale soon Credit Agricole has said it hopes to complete talks on the sale of its troubled Greek bank Emporiki within weeks. Three Greek bidders are interested in… 28/08/2012
European markets at close: 24.08.2012 24/08/2012
Greece continues hand to mouth borrowing Athens sold 812.5 million euros worth of treasury bill on Tuesday. They are due to mature in six months. That short-term borrowing is the only way the… 07/08/2012
Moody’s concerned over Germany A gloomy week for Germany: For the first time it faced a negative judgement by a rating agency. Does this mean the crisis has finally reached Berlin? We put… 27/07/2012
Greece to meet creditors as eurozone exit looms Greece is moving back to centre stage of the eurozone crisis as Athens prepares to meet its troika of international lenders. The troika made up of the… 23/07/2012
Greek leaders delay austerity decisions Greece’s ruling politicians have delayed a decision on almost 12 billion euros worth of spending cuts demanded as a condition for its latest bailout. An… 18/07/2012
Athens and Madrid’s difficult debt quest The Greek government is still struggling to raise cash from investors in the one area where it is not reliant on bailouts. On Tuesday it sold 1.65 billion… 17/07/2012
Adieu Athens is Crédit Agricole’s dream Crédit Agricole’s share price surged on word that the French bank is starting to pull out of Greece. Three Greek lenders are said to have shown interest in… 02/07/2012
ECB tells Athens don’t hope for bailout revamp The European Central Bank has told Greece not to waste time trying to renegotiate its international bailout and water down the austerity measures demanded… 02/07/2012
Central banks brace for stormy weekend It is a weekend of danger on the horizon for the international money markets. The reason is Greece, and the election there. It may see a government elected… 15/06/2012
Greece – broke but not broken In Athens, closed down shops, soup kitchens and charity clinics have become all too familiar sites – the result of an austerity plan many Greeks say is… 07/06/2012
Euro tumbles on German weakness The euro’s value against the dollar fell on Thursday to its lowest in nearly two years pushed down by a slowdown in economic activity in Europe’s powerhouse… 24/05/2012
Auf Wiedersehen Athens? As the German and French leaders met to discuss how to keep Greece in the eurozone some Germans seem indifferent to its fate. A recent opinion poll show… 16/05/2012
Markets tumble on Greek future Stock markets have been falling again as uncertainty about the future of Greece rattles investor confidence in the eurozone. Bank stocks lead the downward… 14/05/2012
Crédit Agricole’s Greek tragedy The Greek crisis came back to haunt French bank Crédit Agricole on Monday in Paris. Exposure to Greek debt is not the main problem for investors, although it… 07/05/2012
What now for Greece? Greece woke up to a new political reality on Monday morning – one which seems set, once again, to tip it and Europe into a period of deep uncertainty… 07/05/2012
The only way is up for Greek credit rating Standard & Poor’s has raised Greece’s credit rating. It is now no longer in default territory, but remains firmly in the junk category with a CCC rating… 02/05/2012
Debt swap slams Greek banks’ profits Greece’s four biggest banks have posted huge losses for last year as they wrote down the value of Greek government bonds. They were hit hard by last month’s… 20/04/2012
Greece extends bond swap deadline Greece has extended, for a second time, a deadline for its remaining holders of government bonds to accept a debt swap which is essential for its bailout… 05/04/2012
Task Force set for long stay in Greece The European Commission’s special task force providing assistance to the Greek government as it struggles to rebuild its economy has rented an entire building… 15/03/2012
Greek debt rating status upgraded The credit agency Fitch has upgraded Greece to B-minus with what it called a “stable outlook.” It is the first of the agencies to make the widely expected… 13/03/2012
Greece, the marathon continues Greece has averted an immediate default on its massive debts, with a successful swap of its government bonds, drastically reducing the amount of money it will… 10/03/2012
Greeks still make history The Greek government kept talking with the troika of the EU, IMF and ECB, and also with their private lending sources, until they finally had a plan that… 09/03/2012
Greek debt deal: what it means If Greece had not achieved its bond swap deal the eurozone’s financial system could have been destabilised and the euro undermined. So vital was it to… 08/03/2012
Down to wire on Greek bond swap There was more anger in Athens on Wednesday as the deadline approached for Greece’s bond swap with its investors, which is a vital step in the country getting… 07/03/2012
Creditor group sees huge Greek default risk No more time was the message from Athens on Tuesday as the deadline approached for completing its vital debt restructuring deal. There were market rumours… 06/03/2012
Greek debt swap deadline looms With the deadline for Greece’s vital bond restructuring on Thursday, Greek Finance Minister Evangelos Venizelos has warned Athens’ private creditors to take… 05/03/2012
Merkel and Junker optimistic on Greek deal As German Chancellor Angela Merkel met Jean-Claude Juncker, the head of the euro-zone finance ministers group on Friday both were upbeat about Greece meeting… 24/02/2012
No end to the Greek tragedy Greece has been in the focus once more: Eurozone finance ministers reached a last-minute agreement on a bail-out – but nobody was in the mood to celebrate… 24/02/2012
Europe Weekly On Europe Weekly this week, as the Greek bail-out delays bankruptcy, at least for now, we will discover why Hungary’s EU aid package has been put on… 24/02/2012
IMF: Greek crisis risks remain A mixed response from the International Monetary Fund to the debt deal between Greece and its creditors. The IMF’s director of external relations Gerry Rice… 23/02/2012
Greek growth targeted by European Investment Bank The European Investment Bank has started an effort to help Greece’s economy to grow by channelling one billion euros of European funds to the country The… 23/02/2012
Greek bond swap bring new downgrade Greek lawmakers are pushing forward with a raft of measures demanded by eurozone states in exchange for the 130 billion euro rescue. Meanwhile, the Fitch… 22/02/2012
Bailout ‘helps stabilise Greece and Europe’In Brussels, the mood was one of congratulation that the marathon to agree Greece’s second major rescue – in principle – was finally at an end. Much of the… 21/02/2012
Doubts remain over new Greek bailout The complex Greek bailout deal that was finally reached in Brussels in the early hours of Tuesday morning will buy time to stabilise the eurozone and… 21/02/2012
Olympian restructuring comes due for Greece Greece is embarked on sales of star assets. This is Piraeus, the main port and industrial centre of Greece, is an jewel in an economic crown of thorns. Like… 20/02/2012
Greek deal just the start Even if there is smooth implementation of the latest Greek rescue deal economists have said it will take a decade or more to stabilise the country’s finances… 20/02/2012
Greece: broken promises This year’s Greek Ash Thursday free barbecue in Athens had longer line-ups than usual. The meat-fest came ahead of the fasting before traditional Greek… 17/02/2012
Déjà vu all over again… Markets basically spent the past week waiting for some action on Greece. Eventually, nothing was forthcoming. Well, we’ve seen that before. There was… 17/02/2012
Europe Weekly: will the eurozone’s February fever lead to March madness? An EU-China summit in Beijing and Greece’s stalled economic bail-out were the big issues this week, with China signalling that it was ready to take an more… 17/02/2012
Greek debt fuels more downgrade threats Greece has said it expects to get approval from eurozone finance ministers on Monday to begin a debt swap with the private holders of its government bonds… 16/02/2012
Greece a mounting concern for MEPs While it was not on the formal agenda at the European Parliament, Greece’s current financial plight continued to dominate discussions in Strasbourg. Some… 15/02/2012
ECB ready to help Greece by not taking bond profit European Central Bank policymakers have said that they do not want the bank to make a profit on the Greek government bonds it bought at well below face value… 15/02/2012
Austerity vote ‘won’t end Greek unrest’ Serguei Doubine, euronews: “We’re joined now from Athens by Alexei Bogdanovsky, Russian journalist and commentator, who’s been witnessing events in Greek… 13/02/2012
Greeks fear future bleak Many Greeks are clearly white-knuckled with anger over the passage of the latest austerity plan. Two years of political and financial torture have revolted… 13/02/2012
Euro-zone weighs Greek deal Euro-zone finance ministers have been meeting to decide whether the Greek government’s down-to-the-wire agreement on reforms will be enough to make the… 09/02/2012
Complex path to Greek bailout agreement For Greece to avoid a so-called uncontrolled default on its debts a massively complicated web of agreements still has to come together. They involve the… 07/02/2012
Greece dices with default Greece appears to have taken yet another step closer to an apocalyptic default after its political leaders missed the latest deadline on harsh bailout terms… 06/02/2012
Greece: reform struggles or death throes? As angry public service workers protested again outside the Finance Ministry in Athens inside they were still struggling on Friday to come up with a formula… 03/02/2012
Greece’s euro exit: is it only a matter of time? Greece’s tragic economic plight is once again centre stage of the eurozone’s debt crisis. At the latest EU summit in Brussels on Monday January 30, Lucas… 31/01/2012
Greece in last chance debt talks In a race against the clock, talks resumed on Thursday between Greece and its debtors. They are haggling over how much of a loss those investors are… 26/01/2012
Eurozone ministers fail to agree Greek debt deal Fears that Greece could default on its massive debts are mounting after eurozone finance ministers in Brussels rejected an offer from the country’s private… 24/01/2012
Germany, France press for swift Greek debt deal As eurozone finance ministers meet in Brussels, Germany and France say they want Greece to reach a deal quickly with its private creditors that will cut its… 23/01/2012
Greek PM confident on debt talks Greek Prime Minister Lucas Papademos has promised that a debt swap will be reached in time between his government and its creditor banks. Papademos has send… 16/01/2012
Time running out for Greek debt deal Negotiators representing the investors who have lent money to Athens met again with Greek Prime Minister Lucas Papademos on Friday but there was no agreement… 13/01/2012
Thousands of Greeks protest job cuts – nocomment Ambulance drivers led a workers protest in Athens as various groups took to the streets over job cuts in the public sector. Newly released figures showed… 13/01/2012
Troika checks on Greece again Inspectors from the European Union, International Monetary Fund and the European Central Bank are again in Athens for talks with government officials. The… 12/12/2011
Athens: Christmas cheer – on a budget It is Christmas – a time for cheer even in austerity-hit Athens where residents have been enjoying the switching on of the festive lights. The City has… 10/12/2011
New Greek premier visits Brussels to fight for aid Greece’s new Prime Minister Lucas Papademos has repeated that all parties in his unity coalition must give written support to the country’s new bailout plan… 21/11/2011
Europe Weekly: euro zone crisis takes nasty twist The financial crisis in Europe appears to have taken a nasty new twist with the rate of borrowing for even the euro zone’s core countries rising sharply… 18/11/2011
Greece has 60 billion euros in unpaid tax, EU says Greece has at least 60 billion euros in unpaid taxes because of tax evasion and lack of compliance, the European Commission says. Horst Reinchenbach, the… 17/11/2011
Greece: new leader, same problems Greece may have a new coalition government, but the problems and the anger are still the same, with yet more anti-austerity rallies planned this week. The… 14/11/2011
Europe Weekly: Have Europe’s leaders done enough to save the euro? EU heads held two emergency summits this week aimed at saving the euro. Slicing Greece’s debt in half, increasing the EU’s bail-out fund and protecting… 04/11/2011
Sarkozy struggles to save his summit French President Nicolas Sarkozy had hoped the G20 summit in Cannes would be one of the crowning moments of his five years running France. He had hoped to… 03/11/2011
Greek pensioners protest against austerityHundreds of Greek pensioners have staged a protest against the government’s austerity measures. The elderly have faced two pension reductions since 2010 and… 14/02/2013
Greek home owners hit by tax hikesGreece has approved a series of tax reforms, opposed by much of the population, but necessary for the country to secure further bailout funds and avoid… 12/01/2013
Greek metro workers begin 2013 with a strikeGreek metro workers and train drivers have begun the new year with a 24-hour strike over wage cuts. Average public sector wages are due to be slashed by 20… 01/01/2013
