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Cyprus banks to turn Greek branches into subsidiaries

Cyprus banks to turn Greek branches into subsidiaries | travelling 2 Greece | Scoop.it

"We intend to have as soon as possible such structures in the system that would not allow rating agencies to downgrade us due to the exposure of Cypriot banks to Greece anymore,» said Demetriades.

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Euro Finance Chiefs Weigh Greek Debt Relief | Greece.GreekReporter.com Latest News from Greece

Euro Finance Chiefs Weigh Greek Debt Relief | Greece.GreekReporter.com Latest News from Greece | travelling 2 Greece | Scoop.it
Eurozone Finance chiefs are weighing whether to ease the terms of Greece's latest bailout.
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George Osborne warns of dire consequences of Greece leaving eurozone

George Osborne warns of dire consequences of Greece leaving eurozone | travelling 2 Greece | Scoop.it
George Osborne has warned of dire consequences if Greece leaves the eurozone without an "ambitious" plan to deal with the fallout.
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Greece is 'gateway for China' |Economy |chinadaily.com.cn

Greece must stay in the eurozone and maintain close ties with China to overcome the debt crisis, Greek parliament speaker Vyron Polydoras said.
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EU states prepare rules for suspending visa-free travel: Thomson Reuters

EU states prepare rules for suspending visa-free travel: Thomson Reuters | travelling 2 Greece | Scoop.it
BRUSSELS (Reuters) - European Union governments would be able to suspend passport-free travel in parts of Europe for as long as two years under regulations proposed on Thursday to address concerns over large-scale immigration.
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Euro Isn’t Loved, but Poll Shows Little Desire to Drop It

Euro Isn’t Loved, but Poll Shows Little Desire to Drop It | travelling 2 Greece | Scoop.it
A poll of citizens of five nations using the euro indicates they do not want to revert to a system of different currencies, a survey by Pew Research Center shows.
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Watch Germany vs Greece Online and on ESPN | USA.GreekReporter.com

Watch Germany vs Greece Online and on ESPN | USA.GreekReporter.com | travelling 2 Greece | Scoop.it
Greece plays favoured Germany on Friday in what has been called a David vs Goliath battle. The teams are playing in the quarter-finals of the Euro 2012 soccer championship and ...
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Germany v Greece: A real Euro stress test

Germany v Greece: A real Euro stress test | travelling 2 Greece | Scoop.it
The eurozone crisis has brought relations between Germany and Greece – fraught at the best of times – to a new low. Tonight they will have it out: on the football pitch. Will they play nicely? Independent writers test the mood on either side of the divide
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Ruth Padel: Greek crisis imperils a nation's heritage

Ruth Padel: Greek crisis imperils a nation's heritage | travelling 2 Greece | Scoop.it
Dawn over the Gulf of Corinth. The world's longest multi-span cable-stayed suspension bridge glowed over water which burned at the Battle of Lepanto in 1571. This white-strung, earthquake resistant bridge links the Peloponnese to mainland Greece.
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Eurozone crisis: Greece faces an agonising election choice

Eurozone crisis: Greece faces an agonising election choice | travelling 2 Greece | Scoop.it
Nick Malkoutzis: Many Greeks want the euro but reject austerity, though they would be foolish to give New Democracy and Pasok another chance (RT @guardianworld: Eurozone crisis: Greece faces an agonising election choice | Nick Malkoutzis
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Bank of Greece Describes Potential Exit from Eurozone as ‘Natural Disaster’ | Greece.GreekReporter.com Latest News from Greece

Bank of Greece Describes Potential Exit from Eurozone as ‘Natural Disaster’ | Greece.GreekReporter.com Latest News from Greece | travelling 2 Greece | Scoop.it
The Bank of Greece describes a potential exit from the Eurozone as a nightmare for Greece. The Drachma would be followed by a currency devaluation of 65%, the country’s inflation will rise up to 30% and unemployment rates will be increased by more than 10 points, reaching 34%.
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