Greece

The Greek parliament has approved further fiscal consolidation, opening the way for international lenders to release a long-delayed €31.5bn tranche of funding and help ease the terms of the country’s €174bn bailout

From MARKETS May 15, 2013

Greek bond yields fall on Fitch upgrade

Rating agency highlights ‘clear progress’ towards fixing deficits

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Greece default
Chris Giles outlines the possible outcomes of a default by Greece
Discover the four key aspects of a debt restructuring
People reach out to take fruits and vegetables during a symbolic protest ©Reuters From MARKETS May 15, 2013

Investors bet Greece will survive and thrive

Signs of a turnround – and growth could return next year

Pedestrians pass a graffiti artwork showing a euro symbol on a street in Athens, Greece ©Bloomberg From MARKETS May 14, 2013

Fitch upgrades Greece by one notch

Rating agency acknowledges progress towards eliminating deficits

From COMPANIES May 12, 2013

Top hedge funds bet on Greek banks

Groups eager to take part in recapitalisation

From WORLD May 1, 2013

Greece to sell lottery stake to investors

Deal worth €712m to be country’s largest state asset sale

From COMPANIES May 1, 2013

Greek banks set for private capital push

Biggest lenders target €21.7bn

From GLOBAL ECONOMY Apr 29, 2013

Greece passes law to fire civil servants

Move allows eurozone officials to release €2.8bn aid tranche

Apr 23, 2013

Greece in talks to sell OPAP stake

Negotiations begin for gambling monopoly disposal

From GLOBAL ECONOMY Apr 15, 2013

Greece secures deal on €2.8bn aid tranche

Athens on track to contain debt and return to growth in 2014

Greece ©AP From GLOBAL ECONOMY Apr 9, 2013

Deflation takes hold in Greece

Consumer prices fall for first time in nearly 50 years

From COMPANIES Apr 8, 2013

Merger of two Greek banks suspended

National Bank of Greece and Eurobank to be recapitalised

From GLOBAL ECONOMY Apr 4, 2013

Glimmers of hope for Greek recovery

Job figures good news for Greeks but situation still ‘critical’

From GLOBAL ECONOMY Mar 14, 2013

Greece and lenders fall out over firings

‘Troika’ leaves Athens without deal on civil service staff cuts

From WORLD Mar 11, 2013

Athens names new privatisation chief

Head of the Athens water utility set to join Taiped

From WORLD Feb 28, 2013

Greece misses revenue-raising targets

Concern over government’s commitment to tackling tax evasion and graft

From GLOBAL ECONOMY Feb 21, 2013

ECB unveils €1.1bn profit on crisis bonds

Eurozone central banks make up to €14bn on debt of crisis-hit states

From WORLD Feb 20, 2013

Greek unions stage strike over jobs fears

Action closes government offices and halts ferry services

From WORLD Feb 19, 2013

Hollande’s visit boosts Greek coalition

French president praises progress on economic reform

From WORLD Feb 7, 2013

Confidence returns to Greek economy

Banks point to recovery beginning in the third quarter

From COMPANIES Feb 3, 2013

Greek banks lobby to ease bailout terms

Lenders press troika amid failure to attract private sector money