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IMF cautions Greece on early withdrawal from program
The IMF said Thursday that Greece is not ready to rely solely on commercial markets for financing, after Prime Minister Antonis Samaras said the country might exit its bailout early. With more than one year left in its rescue loan program for the country, the International Monetary Fund said Athens should still draw on it for support. "Greece has made important progress… but as recent events ...
Thu, 30 Oct 2014 12:39:17 -0700

Political Risks Keep Pressure on Greece ETF
Despite gains in the broader European markets, Greece stocks and country-specific exchange traded fund is experiencing heightened volatility as the specter of snap elections could put the country’s euro-membership ...
Thu, 30 Oct 2014 11:36:29 -0700

Greece boosts navy mission amid spat with Turkey
NICOSIA, Cyprus (AP) — Greece's foreign minister said Wednesday his country will boost its naval presence in the eastern Mediterranean as part of NATO and United Nations-approved missions. Evangelos Venizelos made the announcement in Cyprus at a time of renewed tension with Turkey over oil and gas exploration rights off the divided island.
Wed, 29 Oct 2014 09:35:24 -0700

Greece drops Samaras for Euro 2016 qualifier
ATHENS, Greece (AP) — Greece coach Claudio Ranieri has dropped striker Georgios Samaras from the national team after a dismal start to European Championship qualifying.
Thu, 30 Oct 2014 05:56:16 -0700

National Bank of Greece (NBG) Stock Declines After Andrea Enria's Comments
NEW YORK (TheStreet) -- Shares ofaNational Bank of Greecea fell 5.1% to $2.42 in morning trading Thursday afteraEuropean Banking Authority Chairman Andrea Enria suggested last week's stress tests of European banks still left more work to do. Several European lenders declined after Enria said reviews of balance sheets and last week's stress tests areanot foolproof and more work may be ahead ...
Thu, 30 Oct 2014 08:45:06 -0700

Greece probes civil servants who sent cash abroad
ATHENS, Greece (AP) — Greek authorities are investigating more than 5,000 civil servants for potential tax offenses after they allegedly sent large cash sums out of the country during Greece's acute financial crisis.
Thu, 30 Oct 2014 10:44:03 -0700

Germany denies report on post-bailout aid for Greece
The German government on Thursday denied a Greek media report that the two countries' finance ministers had reached an agreement on further support for Greece after it exits its bailout programme. Finance Minister Wolfgang Schaeuble and his Greek counterpart Gikas Hardouvelis held a bilateral meeting on Wednesday on the sidelines of a tax conference in Berlin, but this was "without concrete ...
Thu, 30 Oct 2014 12:02:05 -0700

Greece, Egypt, Cyprus urge Turkey to quit gas search off island
The governments of Egypt, Greece and Cyprus urged Turkey on Wednesday to stop trying to chart gas deposits in areas of the east Mediterranean claimed by Cyprus, saying the work was illegal. Cyprus, a member of the European Union, is anxious to develop the gas reserves in its so-called exclusive economic zone -- an offshore region lying south of the island. Turkey does not recognise Cyprus ...
Wed, 29 Oct 2014 06:54:06 -0700

Greece arts society holding Veteran’s Day concert
Greece Performing Arts Society will hold a free Veterans Day Concert on Nov. 11.                
Thu, 30 Oct 2014 21:16:02 -0700

Greece boosts navy mission amid spat with Turkey , denies directly related to energy survey
Greece's foreign minister says his country will boost its naval presence in the east Mediterranean as part of NATO and United Nations-approved missions — making the announcement in Cyprus amid renewed tension with Turkey over oil and gas exploration rights off the war-divided island.
Wed, 29 Oct 2014 06:38:57 -0700


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