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Economy

France backs Greek efforts to renegotiate bailout

French President François Hollande rounded off a two-day visit to Athens by backing Greece’s request to begin bailout negotiations with its

Greece

Zoe Konstantopoulou: "The greek debt is illegal and should not be paid"

On 6 February 2015, after SYRIZA’s victory in the January 2015 election, she was elected as the youngest Speaker of the Hellenic Parliament with 235

Economy

International troika back in Athens to assess Greek reform progress

The troika of international creditors arrive back in Athens to assess Greece’s progress in implementing the third bailout programme and to urge

Greece

Greek MPs say yes to cash-for-reforms, but not everybody is happy

Greek MPs vote yes to the latest cash-for-reforms deal, but trade union leaders vow to fight to overthrow the measures.

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Greece

Tsipras beings 'race to reform' following Greek confidence vote

Greek Prime Minister Alexis Tsipras and his new government have won a confidence vote launching a race to pass key reforms before Athens faces a

Greece

New Tsipras government is upbeat about getting Greece back on track

Having attended the swearing-in ceremony for his new government in Athens on Wednesday, Alexis Tsipras set off for Brussels to discuss the migration

Economy

Jobless rate in Greece dips by two percent

Unemployment in Greece fell by two percentage points in the second quarter – but the jobless rate remains the highest in the EU with just under one

World

Greece's Meimarakis wants big coalition if victorious after election

For years Vangelis Meimarakis has served in centre-right governments accused by the left of leading the country to the brink of financial crisis now

World

Exclusive: Tsipras on why Greece is better off with a third bailout

Eight months ago he swept to victory in an election that sent shockwaves around the world. Syriza leader Alexis Tsipras’ declared aim was to save

Real Economy

How do countries decide how much they can afford to borrow?

Debt sustainability has become a critical issue for both governments and international investors during the past half-decade of financial crisis. As

Economy

Greek unemployment up to 25.2 percent in June

Unemployment in Greece rose to 25.2 percent in June, a slight rise of 0.2 percent from the previous month. The seasonally-adjusted figure was the

Markets

ECB to prepare fresh hit of QE for Eurozone?

The word is out that bearing in mind the shaky state of the Eurozone economy the ECB may be thinking about opening the money taps wider. Analysts

Greece

Greece: New Democracy tries to win back lost conservative support

Greece’s September snap election is fast approaching and New Democracy leader Evangelos Meimarakis is on the campaign trail, holding a rally in

Spain

Many Greeks 'concerned' after Tsipras resignation

Many Greek people expressed concern after the televised announcement. Tsipras said Greece got the best deal possible for its bailout, but it is

Greece

Greek PM Tsipras resigns, requests 'earliest possible' elections

Greek prime minister Alexis Tsipras has resigned. He has asked the president for the earliest possible election. Government sources say the vote will

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

Greece

Where does the Greek debt come from? Part 3/3: The crisis of 2008

Greece

Where does Greece's debt come from? Part 1/3: the Greek source

Germany

German parliament votes to back third Greek bailout

The German parliament on Wednesday backed a third bailout program for Greece. A total of 454 MPs voted in favour, whilst 113 rejected the eurozone

Greece

Where does the Greek debt come from? Part 2/3: European roots

Greece’s debt has been a concern for the European Union since 2009. Little by little, attention was drawn away from the first countries within the euro zone to have austerity measures imposed – Ireland, Spain and Portugal – and eventually, the focus came to rest on Greece. But where does its debt co