ATHEX: Traders realize review talks have gone on for too long

Foreign traders appear to lose their patience with the endless talks between the government and its creditors while the economy’s negative signs do not point to a return to growth any time soon. The Greek bourse felt the impact of this mood on Friday, ending the week in the red.


ATHEX: Little change at the bourse

Another day of uncertainty over the bailout review talks brought another mixed day at the local bourse on Thursday, with the benchmark staying put at 640 points for a third consecutive day.


New survey paints grim picture of shuttered businesses

Four in 10 Greek businesses (40.3 percent) consider it likely that they will have to close shop within the year, according to a survey by the Hellenic Confederation of Professionals, Craftsmen and Merchants (GSEVEE), presented by the ANA-MPA news agency on Thursday.



Germany’s foreign minister issues message of support

German Foreign Minister and Vice Chancellor Sigmar Gabriel looks on during a news conference with his Greek counterpart Nikos Kotzias following their meeting at the ministry in Athens Thursday. Kotzias’s talks with Gabriel focused on Turkey’s increasingly provocative stance, United Nations-buffered Cyprus talks and Europe’s refugee crisis. Gabriel said the refugee crisis was "not just a problem that concerns Greece and Italy." "So we must cooperate and move in the same direction," he said. He also stressed that Greece belongs in the eurozone. [Alkis Konstantinidis/Reuters]