Greece

Greek Orthodox church in Gaza shelters Muslims fleeing war

GAZA - About 1,000 Palestinian Muslims fleeing Israeli shells devastating their Gaza neighbourhood have found shelter in a building they otherwise would rarely if ever enter, the city's 12th-century Greek Orthodox Church.

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Greek banks can handle capital needs in ECB test - rescue fund CEO 19 Jul 2014

ATHENS - Any capital shortfalls that the European Central Bank finds this fall at Greece's four big banks will be manageable, the head of the country's bank bailout fund told Sunday's Kathimerini newspaper in an interview.

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Vodafone bids for Greek telecoms company Forthnet 17 Jul 2014

ATHENS - Greece's biggest subscription television provider Forthnet said on Thursday it had received a joint takeover bid from Britain's Vodafone and its Greek business partner Wind.

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EU/IMF troika wraps up Greek mini-audit before major fall review 16 Jul 2014

ATHENS - Inspectors from Greece's EU/IMF lenders said on Wednesday they had concluded a short, interim checkup of the country's performance under its bailout and will return for a more comprehensive audit in late September.

Greece hires banks for new three-year bond 09 Jul 2014

ATHENS/LONDON - Greece said on Wednesday it has hired banks for a new three-year euro bond, the aid-reliant nation's second debt sale since returning to financial markets in April.

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Greek central banker warns political risk could threaten recovery 07 Jul 2014

ATHENS - Greece's newly appointed central bank chief said on Monday that political uncertainty around a presidential election scheduled for 2015 is the main risk to the debt-laden country's economic recovery.

Greece clears hurdle for one billion euro aid tranche 04 Jul 2014

ATHENS - Greece is set to receive its next aid tranche from foreign lenders after pushing through reforms including improving access to health care and lowering pharmacies' profit margins, the government said on Friday.

UPDATE 1-Greek telco OTE offers to buy rival Forthnet's pay TV unit 01 Jul 2014

ATHENS, July 1 - Greek telecoms company OTE said on Tuesday it had submitted a non-binding offer of 250 million to 300 million euros to acquire rival Forthnet's pay TV operations.

S&P's Kraemer: euro zone has much to do to cut debt, boost growth 24 Jun 2014

LONDON - Euro zone countries still have much work to do to cut debt and boost growth and their credit ratings are unlikely to rise until they get their economies into better shape, a senior Standard & Poor’s official said on Tuesday.

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Greece's NBG weighs up offers for private equity arm 24 Jun 2014

LONDON/ATHENS - National Bank of Greece (NBG) is reviewing second-round bids for its London-headquartered private equity business and hopes to sell it by the end of September, the bank's deputy chief executive Petros Christodoulou told Reuters on Tuesday.