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Lefteris Papadimas

UPDATE 3-Piraeus Bank Τier 2 bond meets strong demand, backed by Greek bond rally

12 Feb 2020

ATHENS/LONDON, Feb 12 Strong investor demand and a rally in Greek government bonds enabled Piraeus Bank to significantly reduce its borrowing cost with a new Tier 2 bond on Wednesday, according to two sources involved in the deal.

Greece speeds up creation of migrant holding centres to ease tension

10 Feb 2020

ATHENS Greece plans to accelerate the creation of detention centres on its outlying islands in the Aegean Sea after a backlash against overcrowded camps by some migrants and nearby residents.

EXCLUSIVE-Greece mulls more IMF repayments next year, targets lower surplus

18 Dec 2019

ATHENS, Dec 18 Greece is considering repaying more IMF loans ahead of time next year to offload expensive debt and wants to convince its official lenders to lower its post-bailout fiscal targets, Finance Minister Christos Staikouras said on Wednesday.

Greek police clash with students protesting against university shutdown

11 Nov 2019

ATHENS Greek police fired teargas on Monday at students protesting against the shutdown of a prominent Athens university that authorities raided at the weekend to confiscate materials they said were typically used in violent demonstrations.

Migrants in Greece living in 'horrible' conditions, says Europe rights watchdog

01 Nov 2019

ATHENS A European human rights watchdog on Thursday slammed living conditions as "horrible" for thousands of asylum seekers in overcrowded Greek camps, including waits spanning several hours for food and toilets and a lack of access to medicine.

Not a peachy outlook: Greek producers despair over Trump's new tariffs

28 Oct 2019

NAOUSSA, Greece A tariff war between the European Union and the United States is threatening to buckle one of Greece's most buoyant export sectors, which survived a decade of economic crises but possibly not President Donald Trump. | Video

UPDATE 1-Greece raises 1.5 bln euros from 10-year bond reopening, draws strong demand

08 Oct 2019

ATHENS/LONDON, Oct 8 Greece drew strong demand the reopening of its 10-year bond on Tuesday, marking what Finance Minister Christos Staikouras called another step in the return of its economy to "full normalcy".

Greece aims for strong economic growth, tax cuts in 2020

07 Oct 2019

ATHENS Greece hopes higher investment and tax cuts will help power economic growth next year as the country recovers from a decade-long debt crisis.

ECB's Draghi calls for euro zone stimulus to boost investment

01 Oct 2019

ATHENS The European Central Bank's President Mario Draghi called on Tuesday for euro-area-wide fiscal stimulus aimed at boosting investment, saying the latest steps in this direction are insufficient.

In uphill battle, Greece needs lower fiscal targets: IMF

27 Sep 2019

ATHENS Greece needs to agree with its euro zone lenders on a lower fiscal target path to achieve a sustainable economic and social recovery, the International Monetary Fund said on Friday after a mission visit to Athens.

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