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Obama Comments on Greek Financial Situation During NATO Summit
U.S. President Barack Obama stated on Saturday that he foresees an international debate on currency devaluation.
The President stated to reporters during the NATO Summit: "There...
Financial Times Offers In-Depth Analysis of Greece’s Financial Status
Greece’s current financial situation is the main subject of a long and in depth analysis, published today by London’s Financial Times.
The report suggests that...
Greek Trade Deficit Shrank 8% in 1st Half of 2010
Greece's trade deficit shrank by 8% in the first half of 2010, compared with the same period last year. Eurostat announced the statistic on Thursday. The...
Central Bank States Greece's Deficit Has Narrowed Since Last Year
According to The Central Bank, Greece's current account deficit narrowed from last year. The current account deficit for this June was 1.94 billion euros...
Greek Trade deficit slightly down
Greece's trade deficit totaled 8.9 billion euros in April 2010, down 700 million euros compared with the same month last year, Eurostat said on...
Current accounts deficit up
Greece's current accouts deficit worsened in the January-April period, totalling 12.9 billion euros, up 25.5 pct compared with the corresponding period last year, reflecting...
Tough Pressures in Social Security System
The European Union described the content of Troika's letter to Athens as proposals and not new measures. The actuarial study on the social security...
Budget gets mixed reviews
Greek-Australian business will face a "big hole" as a result of the Federal Budget if the world economy continues to slow down.
Hellenic Australian Chamber...