Another Europe News
Greece avoids default, but for how long?
http://www.euronews.com/ What has happening in Greece is the biggest restructuring of government debt in history.
It comes after a nerve-wracking week when it looked like Greece’s private creditors might not agree to the deal.
For a long time the investors who had lent Athens billions had haggled in meetings like this one with the finance minister but eventually accepted that if Greece went bankrupt they’d get nothing.
One hundred and seventy seven billion euros of loans will be exchanged for new ones with much lower face values, lower interest rates and longer maturities.
Nearly 86 percent of the bondholders accepted that and they will lose three quarters of the value of their investments.
Muchalis Massourakis, Chief Economist with Greece’s Alpha Bank was hopeful a turning point had been reached: “We are going to suffer a big haircut because of this debt restructuring, but at the same time, for us, it is very important — not the transaction per se — but the fact that this is the beginning of the restoration of confidence in the economy and this will bring back, let us say, the commercial banking business to the banks.”
!http://static.euronews.com/articles/178456/0903-greece-debt-swap-graphic.jpg!
Other analysts were not so confident that banks will want to risk lending money to the Athens government even in the long term and some are already predicting that Greece – with its economy in tatters – will start to run out of money again soon perhaps as early as the second half of this year.
Commerzbank economist Joerg Kraemer said: “The crisis is not over yet. The European Union has bought some time for Greece. But when Greece continues not to implement the promised reforms that it’s only a question of time until new problems will pop up. And especially in the second half of the year I see a probability of above 50 percent that the European Union is so frustrated that it stops releasing fresh money to Greece.”
Find us on:
Youtube http://bit.ly/zr3upY
Facebook http://www.facebook.com/euronews.fans
Twitter http://twitter.com/euronews
source
Video shows Norwegian teenager arrested over UK contract killing plot
A Norwegian teenager who travelled to the UK to carry out a gangland killing has been sentenced to 20 years in detention.
READ MORE : http://www.euronews.com/2026/10/17/video-shows-norwegian-teenager-arrested-over-uk-contract-killing-plot
Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live
Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1
Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels
#EuropeNews
source
The housing crisis seems like it will never end across the continent.
On this week’s special episode of #TheRing, MPs Dimitris Kairidis and Milena Apostolaki debate how Greece can meet the rising housing demand in a country where homes are in short supply.
Watch the full debate on euronews.com
source
NATO’s top military commander said the alliance is “ready to fight tonight” if it is attacked, as European officials warn Russia could test NATO’s defenses with increased covert attacks or a limited military incursion.
source
Latest news bulletin | October 1st, 2026 – Morning
Catch up with the most important stories from around Europe and beyond this October 1st, 2026 – latest news, breaking news, World, Business, Entertainment, Politics, Culture, Travel.
READ MORE : http://www.euronews.com/2026/10/01/latest-news-bulletin-october-1st-2026-morning
Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live
Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1
Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels
#TopNewsStoriesToday
source
Another Europe News
Former Ukrainian military officer to stand trial in Germany over Nord Stream sabotage
Former Ukrainian military officer to stand trial in Germany over Nord Stream sabotage
While some in the West were quick to accuse Russia of sabotaging its own gas export route, German investigators identified a cell of Ukrainians they say were the alleged perpetrators.
Subscribe to our channel: https://www.youtube.com/c/euronews?sub_confirmation=1
Watch our LIVE here: https://www.youtube.com/c/euronews/live
Subscribe to our thematic channels:
NoComment: https://www.youtube.com/c/nocommenttv?sub_confirmation=1
Euronews Green: http://bit.ly/2sMsaDB
Euronews Next: https://www.youtube.com/c/EuronewsNext?sub_confirmation=1
Euronews Travel: https://www.youtube.com/c/EuronewsTravel?sub_confirmation=1
Euronews is available on YouTube in 12 languages: https://www.youtube.com/user/euronewsnetwork/channels
#EuropeNews
source
Rangers have no other option than to start looking for a new manager
Milan Fashion Week Spring/Summer 2019 – Atsushi Nakashima | FashionTV | FTV
Video shows Norwegian teenager arrested over UK contract killing plot
Burton Albion and England’s inspiring community star ⭐
Swimwear Showcase by Blue Fashion Beach at Spring 2012 Milan Fashion Week MFW | FashionTV – FTV
How can Greece meet the rising housing demand?
Rangers have no other option than to start looking for a new manager
NATO’s top military commander said the alliance is “ready to fight”
Rodri controlled everything
Latest news bulletin | October 1st, 2026 – Morning
Respect Always 🤝 #athletics #marathon
The ultimate commentators curse 😭
Former Ukrainian military officer to stand trial in Germany over Nord Stream sabotage
‘Climate change is very much related to travel costs,’ says tourism chief
Latest news bulletin | September 15th, 2026 – Evening
euronews U talk – Education: Balancing costs and benefits of the Bologna process
Video: Vigilantes chase, whip women in ‘anti-prostitution’ raid on Peru night club
Battery power: the hunt for stable renewable energy storage
G7 summit looks to bolster recovery – economy
Hamas elects Yahya Sinwar as Gaza leader
🏴 EFL CHAMPIONSHIP STADIUMS 2025/26
Go Behind The Scenes with Vanessa Hessler for Clips Fall/Winter 2012-13 Campaign Shoot | FashionTV
Miedema strikes to get Arsenal back on track ⚡ | Arsenal 1-0 Everton | WSL highlights
INVINCIBLE. 🏆 | The best of Granit Xhaka for Bayer Leverkusen in 2023/24 🔥
“There’s got to be a clear-out” 😤 | What’s next for Rangers after Celtic defeat?
Carlsberg CEO
Student trip to Mallorca fuels Spanish COVID-19 outbreak
Why Sweden’s Krona is Outperforming the Euro
Electric anti-rape underwear developed to protect women in India
Victoria’s Secret Fashion Show 2013-2014 ft Taylor Swift & Adriana Lima| FashionTV
-
Tech EU News3 years agoeuronews U talk – Education: Balancing costs and benefits of the Bologna process
-
Another Europe News2 years agoVideo: Vigilantes chase, whip women in ‘anti-prostitution’ raid on Peru night club
-
Tech EU News3 years agoBattery power: the hunt for stable renewable energy storage
-
Another Europe News3 years agoG7 summit looks to bolster recovery – economy
-
Tech EU News3 years agoHamas elects Yahya Sinwar as Gaza leader
-
Sports EU1 year ago
🏴 EFL CHAMPIONSHIP STADIUMS 2025/26
-
Fashion3 years agoGo Behind The Scenes with Vanessa Hessler for Clips Fall/Winter 2012-13 Campaign Shoot | FashionTV
-
Sports EU2 years ago
Miedema strikes to get Arsenal back on track ⚡ | Arsenal 1-0 Everton | WSL highlights
-
Sports EU2 years ago
INVINCIBLE. 🏆 | The best of Granit Xhaka for Bayer Leverkusen in 2023/24 🔥
-
Sports EU2 years ago“There’s got to be a clear-out” 😤 | What’s next for Rangers after Celtic defeat?
@KOKIsuxKOK
March 27, 2024 at 7:11 am
I promise I will donate my back hair to the Germans in return for a debt write off, another bail out and those unpaid submarines!
This is pure Hellenic 100% Greekshmere wool. Nothing but the best comes out of this country!
@jdhf983y4uhu
March 27, 2024 at 7:11 am
i thought the default was penned in for march 23rd. you can just google 'default 23rd march'
@DimitriusG31
March 27, 2024 at 7:11 am
@TheMakGreat lmao shut up
@tbyte007
March 27, 2024 at 7:11 am
@slonamu Exactly right. It's a pure default , but they don't have the balls to call it so 😉
@slonamu
March 27, 2024 at 7:11 am
Euronews bending the facts again.
If you do not pay all the money you have agree to including interest- it is a default. Not paying 75% is bankruptcy. Full default coming very soon too, I am sure.
@yannis43yannis
March 27, 2024 at 7:11 am
With unemployment at 20% (50% for the under 25 y.o., 25% for women), people (mostly immigrants not greeks) searching for something to eat in the garbage containers (and 250,000 "free" meals daily for the very poor, provided by the church), dozens of shops and small companies closing every day, we survive not from our income (we don't have jobs) but from our "fat" (money in the banks from past working years).
For foreigners there are ways to invest in Greece and make a profit.
@LondonWalkability
March 27, 2024 at 7:11 am
what happens when a country defaults?