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Greece's rescue fund to back Mylonas as National Bank CEO

ATHENS Greece's bank rescue fund will nominate National Bank's deputy chief executive Paul Mylonas to become chief executive of the bank, a source close to the process said on Wednesday.


NATO formally invites Macedonia to join alliance 11 Jul 2018

BRUSSELS NATO leaders agreed on Wednesday to invite Macedonia to begin accession talks to join the Western alliance, extending its reach in the Balkans in defiance of Russia following a landmark accord with Greece over the ex-Yugoslav republic's name.


Macedonia expects invitation to join NATO after decade of waiting 10 Jul 2018

SKOPJE Macedonia is formally expected this week to be invited by NATO to join the alliance - though it will become a member only if it adopts a new name that has been agreed in principle with NATO- member Greece but has yet to be endorsed by Macedonia's people.

Aegean Marine shares soar as Mercuria provides $1 bln lifeline 05 Jul 2018

LONDON Energy trader Mercuria Group has agreed to provide a $1 billion trade finance facility to Greece's Aegean Marine Petroleum Network, the marine fuel logistics and supplies company said on Thursday, sending Aegean's stock up more than 150 percent.


Greece has means to make debt relief deal work - finance minister 04 Jul 2018

ATHENS Greece has the capacity to finance itself unaided under a debt relief deal linked to its exit from an international bailout, the country's finance minister said, without ruling out the agreement's long-term fiscal targets could at some point be reviewed.


Greece can go it alone without bailouts and the troika - Moscovici 03 Jul 2018

ATHENS Greece has turned a page and can stand on its own without financial help, European Commissioner Pierre Moscovici said on Tuesday on his first visit to Athens since European lenders agreed to grant the country further debt relief.


Debt relief deal will help smooth Greek market return - central bank 02 Jul 2018

ATHENS Relief measures agreed with Greece's official creditors to help render its debt load sustainable will help smooth the country's return to market financing, the Bank of Greece said in a monetary policy report on Monday.

Bulgaria to seek EIB financing for gas link with Greece 29 Jun 2018

SOFIA State-run Bulgarian Energy Holding (BEH) signed a memorandum of understanding with the European Investment Bank on Friday for a preferential loan to finance the construction of a gas pipeline with Greece.


Challenges remain to Greece's long-term debt sustainability - IMF 29 Jun 2018

ATHENS Greece exits its third international bailout in August, but without further debt relief it may not be able to sustain market access in the long run, the International Monetary Fund said on Friday.


Greece reaches deal with Germany's Merkel to take back asylum seekers - FT 28 Jun 2018

Greek Prime Minister Alexis Tsipras is ready to sign a deal with German Chancellor Angela Merkel to make it easier for Germany to send asylum seekers back to other European countries, the Financial Times reported on Wednesday.