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Greek debt

Economy

Eurozone debt climbs to 88.8% of GDP as Italy closes in on Greece

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Culture news

European Capital of Culture Elefsina aims to boost flagging fortunes

The Greek city of Eleusis is one of Europe's Capitals of Culture this year and local authorities are hoping the historical and artistic spotlight on the city will revive its financial fortunes and make it a must-see destination.

World

EU too severe on Greece during debt crisis says Juncker

Greece is finally turning the page on its debt crisis, with the end to the system of Enhanced Surveillance, put in place to allow European institutions to keep an eye on the government's books.

15 September 2022

Greece

Greece repays IMF bailout debt two years ahead of schedule

Three successive bailouts totalling some €260 billion between 2010 and 2018 prevented Greece from going bankrupt.

Nature

Will turning Greece's 200 islands green plunge the country into debt?

Santorini still uses mazut, a heavy low-quality oil that has been phased out by many western European countries.

16 February 2022

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Germany

Angela Merkel in Greece for talks on last visit post-financial crisis

Relations between Greece and Germany were often thorny during Merkel's tenure due to the financial crisis.

29 October 2021

Economy

More financial protection needed from EU: former Greek finance chief

The EU must be there to support member states’ economic recovery from the COVID-19 pandemic, former Greek Finance Minister George Papaconstantinou tells Euronews.

World

'Brexit is failure of Britain, not the European Union,' says Juncker

Jean-Claude Juncker, the outgoing President of the European Commission, has said Brexit is a "tragedy" and a "failure" but it is "the failure of Britain, not the European Union." He also said the UK had only ever been "part-time Europeans".

12 September 2019

World

Greece's economy on the up but not everyone is feeling the benefits

Months after Greece left behind the bailout programmes, many of its citizens still don't feel a change in their daily lives.

Greece

Vogue magazine makes comeback in Greece as recovery looms

After seven years of absence, fashion magazine Vogue hit the newsstands in Greece on Sunday.

Greece

Tsipras hails new beginning for Greece

The Greek Prime Minister Alexis Tsipras says his country has undergone a modern Odyssey as it exits the bailout programme

World News

Greece formally ends bailout plan with EU

Greece has now officially ended its third bailout agreement with the European Union. The country has received more than 260 billion euros since 2010 from the EU and the IMF, the biggest bailout in global financial history.

Economy

Greek bailout programme ends

As Greece's bailout programme comes to an end the government claims the main causes have been solved and unemployment will come down

Real Economy

Greece charts a fresh course

In partnership with The European Commission

Greece’s economic tragedy may be over on August 20th but how serious and sustainable are the country’s growth plans when they will be repaying their Eurozone debt till past the year 2060?

Economy

Greece now a "normal" eurozone country, says Moscovici

Greece now a "normal" eurozone country, says EU Finance Commissioner Moscovici.

Economy

EU says indebted Greece can finally "stand on its own feet"

EU says Greece can finally "stand on its own feet."

Greece

Scepticism and optimism greets news of Greek debt deal

Athens residents react to the news that European creditors have reached a new deal on Greece's debt repayments