Unemployment rose in fourth quarter as economy weakened
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- Category: Economy
- Published on Thursday, 12 March 2015 13:48
Greece’s jobless rate increased in the fourth quarter as the economy began shrinking again and a political standoff rekindled concern the country could leave the euro area.
Read more: Unemployment rose in fourth quarter as economy weakened
"Стройтрансгаз" начинает строить газопровод в Македонии за $75 млн
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- Category: Economy
- Published on Thursday, 12 March 2015 09:42
12.03.2015 "Стройтрансгаз" планирует уже в конце этой недели начать работы по строительству магистрального газопровода в Македонии. Первая очередь газопровода Клечовце-Неготино будет иметь длину в 61 километр и диаметр 508 миллиметров. Срок строительства - чуть более года.
Read more: "Стройтрансгаз" начинает строить газопровод в Македонии за $75 млн
Stop 'wasting time', Dijsselbloem tells Greece
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- Category: Economy
- Published on Tuesday, 10 March 2015 08:58
Officials representing Greece’s creditors will return to Athens this week as Alexis Tsipras’ left-wing government is told to stop wasting time in talks over implementing the country’s controversial bailout programme.
Is Turkey A Positive Addition for Europe’s Energy Security? Two Different Viewpoints
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- Category: Economy
- Published on Sunday, 08 March 2015 15:05
Europe’s gas needs are probably meant to decrease over time, as the European Commission is trying to decouple GDP growth from energy consumption. In this sense, the Russian decision to cancel the South Stream and bet on a pipeline to Turkey makes complete sense, as in the long term the Russian gas could be mainly directed to the Turkish market.
Read more: Is Turkey A Positive Addition for Europe’s Energy Security? Two Different Viewpoints
Refuelling Europe: A Roadmap for completing the Single Energy Market
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- Category: Economy
- Published on Sunday, 08 March 2015 14:23
The Ukraine crisis has reignited debate in Europe surrounding the EU’s lack of a fully functioning single energy market.
Read more: Refuelling Europe: A Roadmap for completing the Single Energy Market
Greece sends proposals, but no decision due at Monday's Eurogroup
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- Category: Economy
- Published on Saturday, 07 March 2015 09:59
Greece submitted to Eurogroup chief Jeroen Dijsselbloem Friday (06.03.2015) an outline of seven reform proposals to form the basis for discussion at Monday’s meeting of eurozone finance ministers, but the signs from Brussels are that Athens is no closer to securing the release of its next tranche of bailout funding.
Read more: Greece sends proposals, but no decision due at Monday's Eurogroup
Pessimism ahead of key eurozone meeting on Greece
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- Category: Economy
- Published on Saturday, 07 March 2015 09:58
Greece has outlined reforms and suggested another aid plan ahead of a meeting of eurozone ministers on Monday (6 March 2015) but negotiations are set to be difficult.
Read more: Pessimism ahead of key eurozone meeting on Greece
Greece and EU
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- Category: Economy
- Published on Tuesday, 03 March 2015 15:22
European Commission Vice President Valdis Dombrovskis said Greece’s future aid needs are linked to its performance in the current review, which is due to wrap up in April. Photographer: Scott Eells/Bloomberg
Albanian Public Debt Reaches New Heights
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- Category: Economy
- Published on Tuesday, 03 March 2015 15:20
Government-held debt increased by 622 million euro in 2014, while debt as a percentage of GDP reached 69.1 per cent, the highest figure in more than 15 years.
Greece wants to be EU link to Eurasia
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- Category: Economy
- Published on Monday, 02 March 2015 11:59
Cash-strapped Greece advanced its cooperation with the Eurasian Economic Union (EAEU) on February 26, aiming to act as an economic bridge between the EU and the new union of Russia, Kazakhstan, Belarus and Armenia that started functioning in January 2015.
Gazprom cuts gas price to Turkey to no benefit of customers
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- Category: Economy
- Published on Saturday, 28 February 2015 14:37
Russian energy firm Gazprom has cut natural gas prices to Turkey by 10.25 percent; however, due to the ever-weakening Turkish lira, customers will not benefit from the reduction, Energy Minister taner yıldız said in an announcement on Friday (27.02.2015).
Read more: Gazprom cuts gas price to Turkey to no benefit of customers
Lira hits new low as Erdoğan implies central bank ‘treason’
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- Category: Economy
- Published on Saturday, 28 February 2015 14:36
An already-fragile Turkish lira hit a historic low of 2.5280 against the US dollar on Friday (27.02.2015) following fresh verbal attacks from President Recep Tayyip Erdoğan and Economy Minister Nihat Zeybekci.
Read more: Lira hits new low as Erdoğan implies central bank ‘treason’
Greece seeks negotiations on ECB bond repayment
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- Category: Economy
- Published on Saturday, 28 February 2015 14:35
Greece called into question on Saturday (28.02.2015) a major debt repayment it must make to the European Central Bank this summer, after acknowledging it faces problems in meeting its obligations to international creditors.
Mario Blejer to Advise Albania's Central Bank
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- Category: Economy
- Published on Friday, 27 February 2015 14:38
The renowned Argentinean economist is to become an adviser to the new governor of Albania’s Central Bank, Gent Sejko, the Prime Minister has announced.
German lawmakers approve extension of bailout program for Greece
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- Category: Economy
- Published on Friday, 27 February 2015 14:28
German lawmakers approved an extension of Greece’s loan program after Chancellor Angela Merkel’s coalition staved off dissent from bailout-weary members in its own ranks.
Read more: German lawmakers approve extension of bailout program for Greece
