Greece kicks off $3.6 Billion Program for Renewables Project

Greece kicks off $3.6 Billion Program for Renewables Project

By Anna Domanska - May 04, 2018

Greece is planning to beef up its renewable energy credentials and attract investors by auctioning solar and wind energy projects which will produce up to 2.6 gigawatts (GW). “Fr

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Uber Suspends Services in Greece

Uber Suspends Services in Greece

By Anna Domanska - Apr 05, 2018

The ride-hailing service, Uber on Thursday announced it is shutting down one of the services, UberX in Greece. The announcement was made in the foreground of strict regulations on

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Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

Eurozone Debt Crisis Worries Mount amid Fresh Fears of Greece Default

By Jay Raol - Sep 12, 2011

When the European Union and the International Monetary Fund agreed in July to provide a second bailout for Greece, this debt-ridden Euro nation, as well as the rest of the Eurozon

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U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold

U.S Debt Ceiling Debate, Euro Woes Push Investors towards Gold

By Jay Raol - Jul 18, 2011

With the precious yellow metal touching a record $1600 an ounce earlier today, while some investors with large gold holdings are rejoicing, it could also be an indication of a mark

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Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk

Eurozone Woes Worsen: Moody’s Cuts Debt Rating for Portugal to Junk

By Jay Raol - Jul 06, 2011

Despite Portugal having negotiated a 78 billion euro bail-out package in May, the credit rating agency, Moody’s Investors Service, cut the Euro country’s debt rating to junk st

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EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

EU fails to arrive at decision on bail-out to avert Greek Bankruptcy

By Tom Parker - Jun 20, 2011

“Convince Us First” Say European Governments Finance Ministers Seven arduous hours of talks in Luxembourg resulted in a worrisome situation, with finance ministers of European

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Greece PM Papandreou to Reshuffle Cabinet, enforce Austerity Plan

Greece PM Papandreou to Reshuffle Cabinet, enforce Austerity Plan

By Jay Raol - Jun 16, 2011

George Papandreou, Prime Minister of Greece, is all set to announce a new cabinet in his latest effort to further push for austerity measures; an absolute necessity if Greece wants

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Markets fall with Bernanke’s speech on “frustratingly slow” recovery

Markets fall with Bernanke’s speech on “frustratingly slow” recovery

By Jay Raol - Jun 08, 2011

Markets dropped accompanied by a weaker dollar with U.S. Federal Reserve Chairman Ben Bernanke expressing concerns about global economic recovery. While forecasting a pick-up in th

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Eurozone Pressures Extend beyond Greece, to Spain and Italy

Eurozone Pressures Extend beyond Greece, to Spain and Italy

By Vrushti Mawani - May 24, 2011

With Standard & Poor’s cutting their outlook on Italy’s economy from “stable” to “negative”, along with the massive political loss suffered by Spain’s Socialist P

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