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OTE Downsizing 13% in Fixed-Line Telecommunications
In an attempt to reduce its legacy costs OTE, the largest telecommunication company in Greece announced its intent to downsize its workforce in the...
Berlin: Samaras in the European Leaders Meeting
On November 23, the Greek Prime Minister Antonis Samaras will participate in the annual leaders meeting organised by the German newspaper "Sueddeutsche Zeitung."
In this year's...
Troika Changes Mind, Back to Athens
They weren't coming. They were coming. Were. Weren't. Envoys from Greece's international lenders, after squabbling with the government over long-delayed reforms, said they will...
Markets Prepare for New Aid to Greece
“There is almost no private investor who could be scared of the news about a new rescue package to Greece,” Jörg Kraemer chief economist...
Germans See Greek Black Hole
The news that Greece, already surviving on $325 billion in two bailouts from international lenders, could need another 10 billion euros ($13.34 billion) has...
Merkel Keeps Boot On Greece's Neck
In an ominous foreboding, German Chancellor Angela Merkel said if she wins re-election on Sept. 22 that she won't ease the pressure on Greece...
ERT Giving Way to NERIT
While former workers of the closed national broadcaster ERT continued to send out a pirate signal via satellite and the Internet and protest their...
Greek Bailout Went To Wealthy, Investors
More than 75 percent of the 207 billion euros ($277.58 billion) that has so far come in through two bailouts to prop up Greece's...
Greek Lifetime Job Guarantee In Peril
With the coming firing of 15,000 workers, it seemed that Greece was finally going to bend to demands from international lenders to reduce its...
Juncker Says Cypriots Treated As Bandits
Former Eurozone chief Jean-Claude Juncker said a bailout deal that saved Cyprus' economy and banks from collapse had preserved the financial bloc but that...