Friday , July 21 2017

Recent News

S&P Raises Outlook On Greece Ahead Of Bond Sale, Keeps B- Rating

Consider it a kiss to the bond investors who are expected to oversubscribe the upcoming latest “triumphal” Greek return to the bond markets, as soon as next week. Moments ago, rather unexpectedly, S&P raised its outlook on Greece from Stable to Positive, but reaffirmed the Greek rating at B-. The …

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Crowds pilgrim to a boiled chestnut blessed by Elder Paisios!!!

A chestnut blessed by Greece’s most profit bringing saint was put on display in Agios Dimitrios Church in the city of Agrinio in Central Greece on July 11th. The chestnut attracted hundreds of faithful Greeks who lined up to see, touch and probably kiss in respect the precious fruit that …

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Greece debt at €310.6bn, 176.2% of GDP in Q1, says Eurostat

Greece recorded the highest government debt to GDP ratio in the European Union, at 176.2 pct of GDP in the first quarter of 2017, Eurostat said on Thursday. The EU executive’s statistics service, in a report released here, said that the Greek debt fell by 2.9 percentage points compared with …

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Germany warns its citizens travelling to Turkey ‘they risk arrest’

Escalation of the diplomatic row between Berlin and Ankara ended in a clear message. Foreign   Minister Sigmar Gabriel warned German citizens that they risk arrest if they travel to Turkey. The German government on Friday warned citizens travelling to Turkey that they are at risk of arrest. Foreign Minister Sigmar …

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