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Eleven-Year-Old Sends Letter to Greek PM

Eleven-year-old Nikiforos Papadopoulos sent a letter to the Greek Prime Minister, Antonis Samaras, concerning the closing down of the state public broadcaster, ERT. “I wrote...

Greek Jobless Rate Seen Near 32% in 2014

Even as Greek Prime Minister Antonis Samaras has said he has saved Greece from bankruptcy and ruination by securing more loans from international lenders,...

Slump Worsens in Ailing Greek Property Market

Prices of residential apartments in Greece slumped by almost a tenth in the first quarter of 2012 and the volume of property transactions halved,...

Greek Banks Could Nix Loans to Ship Owners

ATHENS – Greece’s shipping industry, which pays no income taxes to its homeland, may find it difficult to get more financing from Greek banks...

Healthcare Assistance Now Considered A Privilege

Four years of a recession and two years of wide-ranging cuts to the state budget to reduce expenditure and balance accounts is turning health...

Greece Will Pile On More Taxes in June

ATHENS – Already under an avalanche of tax hikes  - including a doubling of income and property taxes – beleaguered Greeks will be hit...

11 Reasons Why Greece Really Went Broke in 2011

ATHENS – Unless you were rich, a business executive, a celebrity, or among the few privileged elite who run the country and for whom...