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Japan Willing to Financially Aid Greece
Japan is willing to purchase more bonds from the EFSF in order to share the burden of the Greek debt, said Finance Minister Jun...
Salaries Fall 7.6% in Q1
Nominal Greek salaries fell 7.6% in the first quarter of 2011 - the first time in four years, according to data released by the...
EU Wants Greek Private Sector Workers Pay Cut Too
ATHENS – With public workers set for another barrage of pay cuts – teachers already bracing for a retroactive salary slash of 380 euros,...
Greek Crisis Threatens Eurozone Survival
ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots...
European Commission Task Force Arrives In Athens
A European Commission Task Force, headed by Horst Reichenbach, launches officially today initiatives to support Greece proceed with reforms.
This Task Force is considered more...
Greece Calls On Europe To Give Clear Message On Finland Deal
Greece called on European Union leaders Sunday to step in and resolve growing dissension among euro-zone members angered by a special deal under which...
Europe Summit Decisions Key To Supporting Euro-Greek Fin Min
Greek Finance Minister Evangelos Venizelos said Tuesday that decisions from a recent European summit on Greece were key to supporting the common currency and...
Europeans Clash over Greek Debt Crisis
Following eight hours of talks on Tuesday evening (11 July), finance ministers from the 17 countries that share the common EU currency, are discussing...
EU Leaders Confident Greece Will Agree To Reforms
European Union leaders expressed confidence Monday at a meeting in Luxembourg that Greece will concede on the necessary economic reforms in order to receive...
Diplomatic Battle For Aid Tranche And New Loan Rages
In the shadow of the vote of confidence next Tuesday, Brussels anticipate the newly appointed Greek Finance Minister Evangelos Venizelos at Eurogroup meeting on...