Edition:
United Kingdom

Greece

Ratings upgrade lifts Greek debt, Italy succumbs to pre-election nerves

Photo

LONDON Greek government bond yields dipped on Monday after a ratings upgrade from Fitch highlighted improving sentiment towards the country, while Italian bonds came under pressure from jitters ahead of next month's election.

Greece won't renege on privatisations after bailout ends - state fund CEO 15 Feb 2018

ATHENS Greece won't backtrack on its privatisation plan after its bailout ends and expects state companies to submit plans by April to make themselves more competitive, the head of its state assets fund said.

Photo

Greek PM wants politicians investigated in alleged Novartis bribery case 12 Feb 2018

ATHENS/ZURICH Greece's prime minister urged parliament on Monday to probe politicians in an alleged drug bribery case, while Swiss drugmaker Novartis promised to take action if an investigation found unethical conduct.

Photo

EU's Moscovici calls for Greek medium-term debt relief deal in June 08 Feb 2018

ATHENS Greece and its lenders must agree on measures for medium-term debt relief in June, before Greece exits its bailout later in the summer, Europe's Commissioner for Economic and Financial Affairs Pierre Moscovici said on Thursday.

Greek insurer sale in doubt after row between buyers 07 Feb 2018

ATHENS A deal to sell National Bank of Greece's insurance unit to U.S. and Dutch investors looked fragile after a legal row erupted between the two buyers on Wednesday.

Photo

Greece wants clean break from lenders, preparing own post-bailout plan - Finance Minister 31 Jan 2018

ATHENS Greece expects to make a clean break with official lenders when its international bailout expires in August and has no reason to seek a precautionary credit line, its finance minister has told Reuters.

Photo

Greek PM fails to get political backing for deal with Skopje 27 Jan 2018

ATHENS Greek Prime Minister Alexis Tsipras failed to get backing from the main opposition leader on Saturday to build consensus ahead of intensified talks between Greece and Macedonia on resolving a decades-old name row.

GVC makes 200 million euro provision for Greek tax bill, plans appeal 25 Jan 2018

GVC Holdings has made a provision of about 200 million euros (£175 million) in its 2017 accounts after its Greek unit was slapped with a tax bill from a local authority.

Photo

Turkey is an aggressive neighbour, Greek PM tells Europeans in Davos 24 Jan 2018

DAVOS, Switzerland Greek Prime Minister Alexis Tsipras said on Wednesday his European partners couldn't always appreciate the challenges of living with an 'aggressive' neighbour such as Turkey, remarks reflecting the strained ties between the two NATO partners.

Photo

Euro zone awaits expert view to clear new Greek loans 22 Jan 2018

BRUSSELS Euro zone finance ministers will decide on Monday whether Greece is eligible for the next tranche of bailout loans after listening to an expert review of reforms recently adopted by Athens, top euro zone officials said.