United Kingdom


Greek Folli founders, executives charged with fraud, money laundering - source

ATHENS A Greek prosecutor has laid felony charges against jewellery maker Folli Follie's founders and seven other executives for fraud and money laundering, a judicial source told Reuters on Friday.


France and Germany, soften demands on EU hosting refugees - document 06 Dec 2018

BRUSSELS European Union governments that refuse to host refugees could instead pay to be excused from the bloc's system of sharing out migrants, France and Germany proposed on Thursday as they sought to end a long-running EU feud over migration.


EBRD extends mandate in Greece to 2025 to spur growth 04 Dec 2018

ATHENS The European Bank for Reconstruction and Development got shareholder approval to extend its mandate in Greece until 2025 to support the country's recovery from a debt crisis and deep recession, the EBRD said on Tuesday.


Greek economic growth accelerates in third quarter on stronger consumer spending 04 Dec 2018

ATHENS Greece's economy expanded for a ninth straight quarter in July-to-September and at a faster pace than the previous quarter, mainly driven by stronger consumer spending, government data showed on Tuesday.


Greek workers strike, seeking higher wages, tax cuts 28 Nov 2018

ATHENS Public transport was disrupted and ships remained in ports as Greek workers went on strike on Wednesday, seeking increases in minimum wages and the re-introduction of collective bargaining. | Video


Greece's Varoufakis to run in European election - in Germany 27 Nov 2018

BERLIN Former Greek finance minister Yanis Varoufakis, who was outspoken in his criticism of the austerity policies championed by Berlin at the height of the euro zone's debt crisis, is to stand in European elections next year - in Germany. | Video


Greek Eurobank to buy property firm to speed up bad loan reduction 26 Nov 2018

ATHENS Greece's third-largest lender Eurobank agreed a 780 million euro (690.97 million pounds) deal to buy Grivalia Properties to boost the bank's capital and speed up the reduction of bad loans, sending both shares sharply higher.


EU Commission clears Greek budget, but sees need for speedy reform 21 Nov 2018

ATHENS The European Union's executive gave the thumbs-up to Greece's first post-bailout budget on Wednesday, but said the country had to speed up reforms to qualify for any future disbursements under debt relief measures.


Daily Briefing: EU-Italy budget standoff hardens 21 Nov 2018

LONDON The European Commission takes its first step today towards disciplining Italy over its draft 2019 budget, backed by euro zone governments worried that Rome's borrow-and-spend plans could trigger another debt crisis that would hurt them all.

Turkey warns companies against energy exploration with Greek Cypriot government 18 Nov 2018

ANKARA Turkey warned energy companies on Sunday against working with the Greek Cypriot government in carrying out exploratory drilling in the eastern Mediterranean, saying such activities could damage regional stability.