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Ex-Minister: Greece Urged to Seek IMF Aid in 2004

In an interview published on Thursday, former Minister George Alogoskoufis said that former Prime Minister Costas Karamanlis and his government were fully aware of...

IMF Wants Greece to Restructure Debt – Der Spiegel

The International Monetary Fund (IMF) is privately pushing Greece to restructure its debt soon in view of the unsustainable fiscal burdens it is carrying,...

S&P Cuts Greece΄s And Portugal΄s Ratings

Standard & Poor΄s Ratings Services said on Tuesday it lowered its long-term sovereign credit rating on Greece to ΄BB-΄ from ΄BB+΄ and maintained the...

Doctors walk off the job in 48-hour strike over contracts

Doctors who work in Greece's social security fund system have walked off the job in a 48-hour strike, demanding that their fixed-term contracts be...

Greek Inspectors Eye German Sub Deal

Greek financial investigators have ascertained that more than $140 million in bribes were paid by a German submarine maker to local politicians and officials...

Judges & Prosecutors Protest Against Govt. Plans on Judicial System

Greece's judges and prosecutors may be moving toward a work slowdown or "white strike", in protest against government plans to cut a bonus for...

Greek Civil Servants Face 40 Hour Work Week

Greek Interior Minister Yannis Ragoussis hinted at longer working hours for civil servants, whose union has already voiced opposition to such a move, in...