The European Central Bank may have to take losses on its Greek sovereign bonds because the country is unlikely to repay its debt in full, Andrew Bosomworth, managing director at Pacific Investment Management Co, said on Friday.
“At the end of the day it’s the Greek government’s decision, therefore the ECB might unwillingly accept that it doesn’t get everything back,” Bosomworth said in an interview in Riga, Latvia.
Police launched a massive manhunt on Monday after a 37-year-old policeman was killed near the village of Distomo in the prefecture of Viotia when gunmen, believed to be Albanian fugitives fr...
A phone call to Prime Minister Antonis Samaras from German Chancellor Angela Merkel on Sunday appears to have triggered a spurt of bilateral diplomacy, with reports emerging on Monday that S...
New PAOK coach Huub Stevens has called for unity among fans after taking charge of the Greek club whose players said they feared for their lives last season because of regular protests.
Gree...
Greek canoeing champion Andreas Kiligkardis died on Wednesday after losing his battle against leukemia.
The 37-year-old had been in a coma since last Tuesday at a hospital in Poland - where ...
Turkey is facing a serious crisis – although this is nothing new. Political logic dictates that the end of an authoritarian leader begins the moment he shows signs of moderation and retreat ...
The prime minister’s decision to pull the plug on state broadcaster ERT was dramatic proof of his refusal to bow to any taboos in the effort to fix Greece. The good thing is that this showed...
