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Economy

Tsipras returns as PM in decisive Greek election

Alexis Tsipras and his leftist Syriza parts have been voted back into power after a surprisingly decisive Greek election – the country’s fifth in six

Business Line

Business Line: interest rates, the key to life

It’s been all about the central banks interest rates over the last few weeks. Some have been cut, some raised, others – not changed at all. Why are

Economy

Eurozone housing market 'turns corner', says ECB

The housing market in the eurozone is improving and has “turned a corner”, according to a study published on Tuesday by the European Central Bank

Economy

Eurozone industry figures beat forecasts

Industrial production in the eurozone was stronger than expected in July, according to figures published by Eurostat. Thanks to a rise in the volume

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Economy

Growth in eurozone economy revised upwards

Growth in the eurozone was higher than expected in the second quarter, mainly boosted by activity in Italy and Greece. The single currency’s economy

Economy

Eurozone business activity quickens growth

The news business activity in the Eurozone grew at its fastest pace in four years bolstered the market on Thursday. August saw Italy score its best

Economy

Eurozone surprises with fall in unemployment

A sharp decline in Italy has helped the Eurozone’s unemployment figures fall to their lowest level in more than three years. The unexpected fall

Economy

Eurozone inflation unchanged in August

Inflation in the Eurozone in August was stable at the same level year-on-year as the previous month, defying forecasts of a slowdown. Much cheaper

Economy

Greece repays ECB after tapping fresh bailout funds

Greece has repaid 3.2 billion euros to the European Central Bank after Athens received the first emergency loans agreed under the country’s third

Economy

Greece: bailout approved but Syriza is divided

The Greek parliament has approved the details of the country’s third multi-billion euro bailout by foreign creditors in five years. It followed hours

Economy

More Stock Exchange losses in Greece as banking shares plunge

After a Black Monday, it is proving to be a tumultuous Tuesday on the Athens Stock Exchange. Stocks were down 4.5 percent in early trade, a day after

Economy

Greek bailout talks set for Monday, as loan request sent to IMF

A letter was sent from the Greek Finance Ministry ahead of talks expected on Monday between Athens and its creditors

Economy

IMF confirms receiving Greek request for new loan

The International Monetary Fund says it’s received a letter from Greece seeking a new loan, confirming a statement from the Greek finance ministry

Economy

Analyst: Greece needs reform, not more austerity

The Greek parliament passed a second set of reforms early on Thursday morning (July 23), opening the way for further bailout negotiations to begin

Economy

Greece: parliament approves reforms but opinion is divided

Agreeing to reform the judiciary and banking systems was a key step for Greece. Talks can now start with international creditors on the country’s

Economy

Greek parliament votes on second set of bailout measures

Greek Prime Minister Alexis Tsipras and bankers arrived for a meeting on Wednesday (July 22) as the country’s parliament prepared to vote on the

Economy

Europe Weekly: key deals for Greece and Iran

In this edition of Europe Weekly we look back at the two deals that have dominated the news over the last seven days. Greece’s parliament approved a

Economy

German Parliament approves talks for third Greek bailout

German MPs voted by 439 in favour to 119 against, with 40 abstentions.

Economy

Greece: Banks to reopen on Monday as cash lifeline is announced

Greece’s banks will reopen on Monday, three weeks after they were closed amid the country’s debt crisis. But maximum withdrawals of just 60 euros a

Economy

Greek parliament passes bailout reforms thanks to opposition support

Prime MInister Alexis Tsipras is deserted by Syriza party rebels, but he still gets tough reforms demanded by Greece's lenders, adopted with opposition help