Amid ruins of Greek economy, green shoots emerge
ATHENS (Reuters) - On a cold day in January, car dealer Dimitris Antonopoulos handed over the keys of a brand new, white Jaguar worth 122,000 euros ($167,600), the first one...
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Amid ruins of Greek economy, green shoots emerge
ATHENS (Reuters) - On a cold day in January, car dealer Dimitris Antonopoulos handed over the keys of a brand new, white Jaguar worth 122,000 euros ($167,600), the first one...
Greece’s top banks need $8.9 billion euros in extra capital: central bank
ATHENS (Reuters) - Greece's major banks must raise an extra 6.4 billion euros ($8.9 billion) in capital to make themselves strong enough to deal with the fallout from future crises,...
Greece’s top banks need $8.9 billion euros in extra capital: central bank
ATHENS (Reuters) - Greece's major banks must raise an extra 6.4 billion euros ($8.9 billion) in capital to make themselves strong enough to deal with the fallout from future crises,...
Greek PM promises hefty budget surplus, recovery in sight
ATHENS (Reuters) - Greece will post a budget surplus of at least 1 billion euros in 2013 and return the bulk of that to cash-strapped Greeks, Prime Minister Antonis Samaras...
Greece approves plan to fire thousands of public workers
ATHENS (Reuters) - Greece's shaky coalition government scraped through a vote on Wednesday on a bill to sack public sector workers as thousands chanting anti-austerity slogans protested outside parliament. The...
Greek outlook bleaker than lenders think, local think tank calculates
ATHENS (Reuters) - Greece's economy could shrink by as much as 5 percent this year, the Athens-based IOBE think tank said on Tuesday, revising down its previous projection and offering...
Nearly two-thirds of Greek youths are unemployed
ATHENS (Reuters) - Greek youth unemployment shot to a record 64 percent in February, underscoring the dire state of the recession-hit economy despite signs of improving business sentiment. Repeated doses...
EU, IMF resisting Greek bank NBG’s takeover of Eurobank: sources
ATHENS (Reuters) - Greece's international lenders have asked Athens to halt National Bank's takeover of rival Eurobank, worried that the resulting lender would be too big for the state to...
Greece faces bailout review, plays down public sector job losses
ATHENS (Reuters) - Officials from the European Union and the International Monetary Fund return to Athens on Sunday to assess Greece's performance under a bailout plan as the government plays...