United Kingdom


Greece to submit foreclosure bill on Friday with or without lenders' approval

ATHENS Greece is planning to submit a bill to parliament on Friday to protect borrowers from home foreclosures, a government official said on Wednesday, though it is yet to secure the agreement of its lenders on its terms.


EU court shields ECB from disclosing key document in Greek crisis 12 Mar 2019

FRANKFURT The European Union's court on Tuesday denied access to a European Central Bank (ECB) document which underpinned its decision to freeze vital funding to Greek banks in 2015, a turning point in the country's financial crisis.


Finish what you started on reforms, IMF tells Greece 12 Mar 2019

ATHENS Greece needs to press ahead with unfinished economic reforms to cut risks to its recovery in the medium term, the International Monetary Fund said on Tuesday in its first report since the country exited its third bailout.


Greece won't get euro zone money on Monday, but probably in April - EU's Moscovici 11 Mar 2019

BRUSSELS Euro zone finance ministers will withhold a disbursement of 750 million euros (650.3 million pounds) to Greece on Monday because the country has not yet completed all the agreed reforms, but Athens could get the money released in April, the EU's Economic Commissioner said.


Eurobank reports lower 2018 profit on weaker operating income 07 Mar 2019

ATHENS Greece's third-largest lender Eurobank on Thursday reported lower full-year 2018 net profit as operating income declined, but said it was on track to deliver on a plan to transform its business by year-end.


Greek economic expansion slows in fourth quarter, recovery on track 07 Mar 2019

ATHENS Greece's economy shrank in the last three months of 2018 after expanding for nine consecutive quarters, government data showed on Thursday, with the annual pace of growth also slowing.


Greece gets investor thumbs-up with first 10-year bond sale since crisis 05 Mar 2019

ATHENS/LONDON Greece drew strong demand on Tuesday for its first 10-year bond issue since plunging into a debt crisis nine years ago, in a clear vote of confidence from markets in its economic revival days after securing a two-notch ratings upgrade.


Greek housing sector extends rebound amid economy's recovery 05 Mar 2019

ATHENS A recovery in Greece's housing market gained momentum in the last quarter of 2018, central bank data showed, suggesting that a recovering economy and growing foreign interest might lift property prices further.


Wary of Xinjiang backlash, China invites waves of diplomats to visit 21 Feb 2019

BEIJING China is stepping up its diplomatic outreach over controversial camps in its heavily Muslim region of Xinjiang, inviting more foreign diplomats to visit as it seeks to head off criticism from Muslim-majority countries and at the United Nations.


Greece at risk of not getting euro zone cash as reforms lag - officials 18 Feb 2019

BRUSSELS Greece is at risk of not getting some 750 million euros next month that it won under a debt relief deal with the euro zone last year because it has not completed agreed reforms, euro zone officials said on Monday.