Cyprus Mail on MSN

Greece’s bad loan legacy leaves 1.5 million locked out of bank credit

When Greece’s debt crisis struck in 2009, George, owner of a jewellery shop outside Athens, found himself saddled with a new €100,000 loan just as his business turnover plummeted.As the Greek ...

Greek debt crisis still haunts efforts to contain growing wildfire threat

By Edward McAllister and Deborah Kyvrikosaios PENTELI, Greece, June 24 (Reuters) - As night falls over Mount Penteli and the ...
Devdiscourse

The Unfinished Business of Greece's Debt Crisis

George, a small business owner in Greece, faces a debt crisis following the 2009 economic collapse. As loans remain ...
Digital Journal

Eurozone delays Greece debt relief over reforms

Eurozone ministers on Monday held back granting Greece debt relief because the government failed to implement reforms promised during the massive bailout that ended last year, officials said. Greece ...
The Hill

Greek government debt raised to investment grade by Moody’s, closing the door on a painful era

ATHENS, Greece (AP) — Greece’s center-right government on Saturday welcomed a credit rating upgrade by Moody’s, the last major ratings agency to lift junk status on government bonds that began 15 ...
Reuters

Timeline: Greece's debt crisis

(Reuters) - European finance ministers discussed Greece's debt crisis on Friday but said Athens was seeking to clarify how an emergency aid mechanism would work, rather than requesting it. Here is a ...
THE WEEK

Greece deal avoids another summer debt crisis

Greece has reached an agreement with its European creditors to release new bailout funds and prevent another summer debt crisis. Majority of Greeks regret joining euro Greece finally reaches deal to ...