Greece

Kazarian emerges after 2 decades with offer for 10% of Greek debt

Millionaire investor Paul Kazarian emerged after 20 years with his bid to purchase up to Eur2.9 billion of Greek state debt.

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Greece approves Eurobank acquisition of Postbank

Greece's bank rescue fund approved of Eurobank to acquire the New Hellenic Postbank.

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Greece happy with Euro Zone decision

Greece announced satisfaction with the decision of the euro zone which granted the country Eur6.8 billion to redeem bonds in August.

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State-controlled bank receives bid from fourth lender

Geniki Bank presents its binding bid for troubled New Hellenic Postbank.

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Greece Gets Release of Eur3 billion worth Aid, Remains Lashed to Tightness

European governments agreed to release aid for Greece worth Eur3 billion as they continued to seek for enough financial calm.

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Greece Gets Multi-Billion Euro Lifeline Grant from Euro Zone

Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.

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Ministers expected to approve latest disbursement of bailout aid to Greece worth Eur8.1 billion

Greece was expected to receive Eur8.1 billion from Euro-area finance ministers.

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Greek Aid Lenders Close To Wrapping Up Talks

International lenders for Greek Aid are close to wrapping up talks

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Greece To Seek Aid From Foreign Lenders

On Sunday, Greek and EU officials said that Greece is likely to reach a deal with foreign lenders regarding its bailout review.

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Japonica Worries of Greek’s Finances and Lowers Offer for Bonds

Japonica Partners lowers its offer for Greek government bonds due to the recent developments in the country's financial situation.

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Greece Pushes OPAP To Sign State Lotteries Deal

Greece's privatizations agency (TAIPED) urged a consortium headed by OPAP to sign a deal to sell its lotteries in the state last Tuesday.

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SOCAR sole bidder for DESFA

SOCAR, the Azeri state energy company, had started negotiations with the Greek government for the purchase of natural gas grid operator DESFA.

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Greece to sell of stakeholdings in Hellenic Petroleum, DEPA and DESFA

Greece is required to sell off its energy company shareholdings as part of their bailout deal.

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Euro Zone officials tell members to prepare contingency plans for possible Greece exit

Euro Zone officials told members to prepare contingency plans in case that Greece exit euro zone, according to Reuters.

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