
Moody’s has maintained its deep junk “Caa3” credit rating for Greek government debt, but has upgraded its outlook following recent political breakthroughs. “Moody’s Investors Service has today confirmed Greece’s government bond rating at Caa3 and changed the outlook to stable,”
by AFP27 Sep 2015, 2:19 AM PST0

As Greece stumbles from one economic disappointment to the next, the country is now exporting something it desperately needs to retain; young, educated workers. Thousands of skilled Greeks are heading overseas to further their careers, leading to fears the deeply
by Simon Kent25 Jul 2015, 3:19 AM PST0

Anyone who has ever witnessed the terminal struggles of insects in a killing bottle will recognise the nature of the paroxysms contorting the EU “leaders” today. The Greek pantomime is beyond parody. It is a shadow-boxing contest between two factions of the
by Gerald Warner15 Jul 2015, 12:31 AM PST0

Multiple factions within the Turkish government have expressed a willingness to help the Greek government repay its debts to the European Union, from a general statement by Turkish Prime Minister Ahmet Davutoglu that Turkey will do “whatever we can” to help Greece to the nation’s leftist party suggesting a massive loan to the Greek government in solidarity.
by Frances Martel1 Jul 2015, 9:01 AM PST0