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Tag Archives: Eurozone

Greek stock plunged after reopening (5 August 2015)

5 Aug 2015
Source: European Council 2015
The major Greek share index has significantly fallen on Monday and the Athex ended with a drop of more than 16% following a five-week closure due to the Greek government’s emergency capital control and measures to avoid financial collapse. Although...
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Business, News on the EU Eurozone, Greece

Greek referendum on bailout proposal (29 June 2015)

29 Jun 2015
Alexis Tsipras 2
  On 26 June 2015, talks between Greek negotiators and Troika (ECB, IMF, EU Commission) abruptly broke up. Following a late-night cabinet meeting, Greek Prime Minister, Alexis Tsipras, went on national television and called a referendum on 5 July in...
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Business, BUSINESS, News on the EU Eurozone, Greece, Troika

Eurozone meeting concerning Greece (17 Feb 2015)

17 Feb 2015
Source: European Council 2015
The Eurozone finance ministers meeting, on 16 Feb, with regard to the topic of Greece’s future bailout broke down as the Greek finance minister, Yanis Varoufakis objected the proposal to extend its bailout programme for another six months. The current...
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Business, BUSINESS, News on the EU Euro, Eurozone, Greece

Podemos Party in Spain (16 Feb)

16 Feb 2015
Alexis Tsipras and Pablo Iglesias at a Syriza rally this month. Yannis Behrakis / Reuters
On 31st January, more than 100,000 supporters participated in a mass rally in Madrid organized by Podemos, a Spanish radical left party. The so-called “March for Change” rally is the first mass rally held by the party, following the recent...
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Business, BUSINESS, News on the EU Euro, Eurozone, Greece, Podemos, Spain

Negotiation between Greece and European partners (10 Feb)

10 Feb 2015
Source: Day Donaldson
Following the victory of Syriza party in the Greek parliamentary election on 25 January, the first major task of the new government was to come up with an agreement with its international creditors. Both the Prime Minister Alexis Tsipras and...
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Business, BUSINESS, News on the EU Eurozone, Greece, Troika

Far-left Syriza won in the Greek Election (26 Jan 2015)

27 Jan 2015
Source: Lorenzo Gaudenzi
The radical left party Syriza won Greece’s general election on 25 January 2015, getting 149 out of 300 seats in the Parliament, 2 seats short of an absolute majority. It formed a governing coalition with the right-wing party Greek Independents,...
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Business, BUSINESS, News on the EU Euro, Eurozone, Greece

ECB’s Bonds-Purchasing Programme (26 Jan 2015)

26 Jan 2015
Source: ECB
The European Central Bank (ECB) has announced, on 22nd January, its large scale bonds purchase scheme, also known as quantitative easing (QE). Starting from March this year, the ECB will buy €60 billion bonds each month from financial institutions by...
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Business, BUSINESS, News on the EU Euro, Eurozone, QE

Upcoming election and uncertainty in Greece (5 January 2015)

5 Jan 2015
Alexis Tsipras @ Piazza Maggiore
Flickr: lorenzogdnz/
European financial market experienced agitating turbulence in recent weeks following a setback of the Greek Prime Minister Antonis Samaras in a Parliament voting on 29th December. Failing to elect Stavros Dimas as the next president with 12 votes short of...
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Business Euro, Eurozone, Greece, Greek Election

19 August 2013: Encouraging figures by Eurostat shows Eurozone recovery

19 Aug 2013
Olli Rehn
Comparing with the previous quarter, the economic output of the Eurozone has risen by 0.3% in both the euro area and the EU 28 during the second quarter of...
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Business Eurozone

6 June 2013: Latvia approved to enter Eurozone in 2014 

6 Jun 2013
6jun2013
Latvia is going to be the 18th member of the eurozone after the European Commission gave it the green light on 5 June...
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Business Eurozone, Latvia

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