
John Roughan: Greece best left to its own devices
It would be better for all concerned if the European Central Bank stopped the supply of credit to Greece and left the country to its own devices, writes John Roughan.
It would be better for all concerned if the European Central Bank stopped the supply of credit to Greece and left the country to its own devices, writes John Roughan.
Greece has made a final bid for aid from Europe's bailout fund, as it faces a race against the clock to avoid economic collapse.
Why are the Germans and other creditors determined to force the Greeks into such a damaging dead end? The answer is they care little for the travails of the Greek people, writes Brian Gould.
Greek voters have given the EU a bloody nose - but the result means we could all end up getting hurt.
Members of Auckland's Greek community have expressed relief at the referendum's outcome.
Today's referendum result in Greece is set to dominate market trading this week, although economists predict that it will not lead to huge impacts locally.
Members of Auckland's Greek community gathered today to talk passionately about the state of the Greek economy and how that affects their families back home.
New Zealand’s Finance Minister is “not particularly concerned” about whether Greece’s financial crisis will roll on to New Zealand.
Greece has stockpiled enough reserves of fuel and pharmaceutical supplies to withstand a long siege, and has set aside emergency funding to cover all the country's vitally needed food imports.
Flight Centre says it has been contacted by Kiwis customers worried about access to cash while holidaying in Greece.
Mark Lister on the Greece financial crisis and putting it all in perspective.
While Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.
It's a tricky enough situation already, buried under financial jargon with regular breaking developments. And now it's even more confusing.
Capital controls are on the way, with all the disruptions to everyday economic activity that they entail - and Greek banks will stay closed for a week.
With its banks closed, automated cash withdrawals restricted and a big debt payment due tonight, Greece surely cannot continue to defy its creditors.
It is crunch time for Greece. Again. Yes, you've heard that before, probably many times since the country's debt crisis first blew up around 2009.
Greece was on the brink of economic meltdown as Germany looked poised to push the country out of the eurozone.
Of the many wonders to behold in Greece, Matt Derr has found a gem: local wine at $3 a glass.
That Apple should buy Greece with all the useless cash it has on hand is just a joke that won't go away.
It's that time of year when we start to hear many of the business commentators debate the sharemarket adage "sell in May and go away".
Business leaders are preparing to fight to keep Britain in the European Union after David Cameron's election triumph set the stage for a referendum on membership of the bloc.
Like a spoilt child and an angry parent locked in an experiment of tough love, Greece and its creditors are embroiled once more in a tug-of-war.
Up to 30,000 people could drown in the Mediterranean this year unless urgent action is taken to curb trafficking and rescue stricken boats, experts warned yesterday.
An EU probe into Android mobile software poses a threat to Google's position in the $35 billion applications market.
Fonterra says its milk collection in New Zealand for the 10 months to March 31 reached 1431 million kg of milk solids - 1 per cent higher than for the same period last season.
The end of the European Union's quota system poses a challenge to New Zealand's dominance of global dairy trade and is likely to put an end to the sharp upward spikes in prices seen in the past, says....
An Emirates-commissioned study of the airline's contribution to Europe finds it has contributed 6.8 billion ($10 billion) of the EU's gross domestic product and spends 175 million on sponsorships....
The final countdown is under way for the European Central Bank's programme of government bond purchases, which has already fuelled a debt market rally that sent yields across the euro region to....