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Agreement with Greece is Improbable Today, Admit EU Officials

Agreement with Greece is Improbable Today, Admit EU Officials

The finance ministers of euro zone said they were unlikely to finalize a deal on the framework of a third Greek bailout, cutting off Greece from the badly needed cash boost. Germany led group within the euro zone countries are staunchly […]

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Greece awaits Monday in hope to reach some negotiation succsess

Greece awaits Monday in hope to reach some negotiation succsess

Alexis Tsipras and his left oriented government had a much fulfilled day yesterday. In a joggling game to make peace with both the International Monetary Fund and their own people, promises were made that concessions for the creditors will be […]

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Deal Can Be Reached Says Tsirpas

Deal Can Be Reached Says Tsirpas

The never ending Greek drama will continue on Monday. Tsirpas is confident that deal can be reached in the emergency summit of European leaders.   The financial institutions led the Athens Stock Exchange index higher on Friday anticipating deal at the end […]

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IMF left the act, the show depends solely on Greece

IMF left the act, the show depends solely on Greece

The IMF brought their threats into realization and pulled out of the negotiations about Greece’s debt. This cause turbulence on the stock markets, but not as big as it could’ve been, because there were speculations pointing towards this outcome for […]

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Juncker denied a call from Tsipras

Juncker denied a call from Tsipras

After Greece’s Prime Minister Alexis Tsipras rejected the proposal he got from the international creditors and labeled the same as “ridiculous “ , there has now been a new development. Jean Claude Juncker, the president of the European Commission didn’t […]

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Main reasons for the euro jump

Main reasons for the euro jump

In the last few days the euro fights back in comparison with almost every important currency. In the last couple of days the European currency jumped 3 percent against the British pound, 3.5 percent against the U.S dollar and 2 percent in […]

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European shares pulling up

European shares pulling up

It was a good Monday for European shares, thanks to the alleged progress in the negotiations between Greece and the euro zone partners. Chinese stock markets made a five percent rally, and made significant contribution to the European shares jump. […]

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