Greek banks need 6.4 billion euro in extra capital, stress tests reveal
The Bank of Greece has released the results of the stress tests that BlackRock Solutions carried out on the loan
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Greece
Piraeus Port privatisation process begins
The process of the privatisation of the Piraeus Port Authority (OLP) will formally get underway on March 7 2014, with
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Gazprom agrees to sell gas to Greece’s DEPA at reduced price
Greek gas company DEPA has reached an agreement with Russia’s Gazprom on a 15 per cent price cut on the
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Signs of economic growth returning to Greece
Greece posted a current account surplus in 2013, the first time since official data collection began in 1948, the country’s
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Greece suffers debt relief talks setback
Greece’s hopes of being granted debt relief by its EU counterparts were dealt a blow on February 17. Following a
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Wary Greeks say economy can only improve
Greek and international companies put their newest products on display at a food and beverage trade fair near the Athens
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Greek shipowners investing big
On the back of positive sentiment about the future, 2013 saw Greek shipowners placing a record number of orders, estimated
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Former Hellenic Postbank CEO released on unprecedented 2 million euro bail
Former Hellenic Postbank chief Angelos Filippides was released on bail on February 10 2014 after being ordered to pay two
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Bulgaria opens new road to border checkpoint with Greece
Bulgaria’s Regional Development Minister Dessislava Terzieva officially unveiled the new road stretch between Kurdjali and Podkova in southeastern Bulgaria on
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