Monday 3 August 2015
 
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Greece

Western Union activates money transfer into Greece

The Western Union Company, a leading global payment services, has activated international remittances into Greece, allowing customers to receive cash payouts in minutes from almost anywhere around the world at select walk-in retail agent locatio

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Greek bailout talks pushed back on logistics

Talks between Greece and its international creditors over a new bailout package will be delayed by a couple of days because of organisational issues, a finance ministry official said on Saturday. The meetings with officials from t

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Security worries delay start of Greece's bailout talks

Talks on tying up a new bailout deal for Greece failed to start on Friday (July 24) as had been expected, with officials blaming security worries for delaying the negotiations with international creditors who are detested by many Greeks.

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Greece loosens capital restrictions on businesses

Greece started loosening restrictions on foreign transfers by businesses on Friday, unblocking imports held up after the country introduced capital controls last month. Businesses have been hit by limits on transferring money abro

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Laws passed, Greece to open bailout talks

Greece's creditors prepared on Thursday for the start of bailout talks in Athens, after lawmakers adopted a second package of reform measures before dawn despite a left wing rebellion that may bring early elections. In a sign

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Greek banks reopen as Tsipras eyes return to normal

Greeks queued outside banks on Monday (July 20) as they reopened three weeks after closing to stop the system collapsing under a flood of withdrawals, the first cautious sign of a return to normal after a deal to start talks on a new package of

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In Greek crisis, one big unhappy EU family

The latest paroxysm of Greece's debt crisis has exposed growing rifts in the euro zone which, unless addressed soon, could lead to the break-up of European monetary union, the EU's most ambitious project. The most worrying

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Greece seeks EU help to battle massive wildfire

Greece appealed for EU assistance on Friday to battle wildfires raging on the outskirts of Athens and in the southern Peloponnese region that forced the evacuation of several villages. Prime Minister Alexis Tsipras said he had req

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‘Grexit is unlikely to affect European equities’

European equities are set to remain positive on the outlook should an €86 billion bailout never happen, despite expecting near term volatility given the recent strength in markets, according to an expert.      T

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Europe moves to restore funding to Greece after bailout

Europe has moved to re-open funding to Greece's stricken economy after the parliament in Athens approved a new bailout programme in a fractious vote that left the government without a majority. The European Central Bank increa

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