Moneycontrol PRO
HomeNewsGreek

Greek

Jump to
  • Greek conservatives storm to victory in repeat election

    With most votes counted, centre-right New Democracy was leading with 40.5% of the vote and 158 seats in the 300-seat parliament, interior ministry figures showed.

  • Greeks vote in second general election in 5 weeks, with conservative party favoured to win majority

    The 55-year-old conservative leader Kyriakos Mitsotakis is eyeing a second four-year term as prime minister after his New Democracy party won by a huge margin in May but fell short of gaining enough parliamentary seats to form a government.

  • In The Money | Gamma’s the next Greek on the options trading block

    Despite Gamma being a seemingly small number, it has a significant impact on how sensitive the option is to the underlying

  • IMF should show 'good faith' in Greek bailout talks: Emmanuel Macron

    "The IMF's position should be in good faith and without added requirements," Macron said at the start of a two-day official visit to Greece.

  • Eurozone agrees Greek bailout payment, IMF comes on board

    After hours of talks in Luxembourg IMF chief Christine Lagarde and the eurozone's 19 finance ministers greenlit a payout of 8.5 billion euros to meet debt payments due in July and avoid another summer of Greek crisis.

  • After seven years of bailouts, Greeks sink yet deeper in poverty

    Greek pensioner Dimitra says she never imagined a life reduced to food handouts: some rice, two bags of pasta, a packet of chickpeas, some dates and a tin of milk for the month.

  • Greek parliament approves controversial pension, tax reforms

    The unpopular reforms, which saw thousands take to the streets in protest, passed thanks to the Syriza-led coalition government's slim majority in parliament, according to an AFP count.

  • No deal between Greece and lenders today: Officials

    The package of reforms is aimed at producing a primary surplus of 3.5 percent of gross domestic product in 2018 "and beyond", according to a deal between Athens and euro zone governments signed last August.

  • Greece reaches deal with lenders over reforms: Greece FM

    Athens signed up to a new aid programme worth up to 86 billion euros earlier this year, but payment of part of an initial tranche had been held up over disagreement on regulations on home foreclosures and handling tax arrears to the state.

  • Rupee opens marginally higher at 65.11 per dollar

    We see the range for the day between 64.70-65.70/dollar, says Pramit Brahmbhatt of Veracity.

  • Grexit and China fears drain investor confidence

    Investors' appetite for new fund allocations was also blunted by a sharp correction in China's stock market and uncertainty about the timing of a US interest rate rise.

  • Alexis Tsipras returns in unexpectedly decisive vote win

    In a victory speech to cheering crowds in a central Athens square, Tspiras promised a new phase of stability in a country that has held five general elections in six years, saying his mandate would now see him through a full term.

  • Greek islands overwhelmed, EU says migrant crisis will last

    Germany, already bearing the brunt of the human wave to Europe, said it could take half a million refugees annually for a few years, but stressed other European countries should accept their fair share.

  • Rupee remains flat at 63.76 per dollar in early trade

    Rupee is expected to trade in the range of 63.50-64.20/dollar, says Pramit Brahmbhatt of Veracity.

  • Greece's Tsipras says loan deal with lenders close

    Discussions between Greece and representatives from the IMF, ECB, European Commission and the euro zone's bailout fund, the European Stability Mechanism, started in the last week of July.

  • Greek stock market trades 19% lower after reopening

    The Athens stock exchange was trading around 19 percent lower by mid-morning on Monday, after falling nearly 23 percent after it reopened for the first time in five weeks.

  • Greek stock market trades 20% lower after reopening

    Greek banking stocks were the worst hit with Alpha Bank, Attica Bank and Eurobank Ergasius, Bank of Piraeus and the National Bank of Greece were all trading around 30 percent lower - the daily volatility limit.

  • Fed rate hike likely Sep; bullish on EU, Japan: Crossbridge

    In an interview with CNBC-TV18, Manish Singh of Crossbridge Capital said that US Federal Reserve is likely to hike rate in September this year than in its July meeting.

  • Gold stuck near 5-1/2 year low as Fed rate hike looms

    Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in US interest rates.

  • Rupee at 5-week low, down 22 paise to 63.97 per dollar

    Rupee is expected to trade rangebound to slightly weak taking cues from a stronger dollar. Range for the day is seen between 63.20-64/dollar today, says Pramit Brahmbhatt of Veracity.

  • Greece to vote on second bailout bill in test for Tsipras

    Greek lawmakers are on Wednesday set to vote on a second batch of reforms that must pass if Athens is to receive its third huge international bailout, in a key test of Prime Minister Alexis Tsipras' authority.

  • Asian shares lackluster on weak global cues

    Asian shares put up a lackluster showing early Monday following mixed global cues and with markets in Japan and Indonesia closed for public holidays.

  • Lagarde ready to take part in 'complete' Greek package

    IMF Managing Director Christine Lagarde said on Friday the Fund was ready to participate in what she called a "complete" package to put the Greek economy back on its feet, make its debt sustainable and allow it to get its funding from financial markets.

  • Asia mixed as China volatility continues; Greece in focus

    Asian equities were mixed on Thursday as Chinese market volatility offset optimism over the Greek parliament's approval of the new bailout agreement.

  • Greece deal will not be 'at any price': Merkel

    Sources said the ministers want Greece to endorse further economic reforms in return for a third bailout estimated at more than 80 billion euros.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347