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Greek Banks Seek Solution For Consumer Debt
Greek banks that have billions of outstanding government loans that are at risk of default should the EU-IMF-ECB Troika not issue another bailout are...
Moody's Cuts Greek Debt Rating To C From Ca
Moody's Investors Service on Friday has downgraded Greece's local- and foreign-currency bond ratings to C from Ca and has not assigned an outlook to...
After the Haircut, What Next for Greece?
The signs are all there that investors have really given up on Greece: analysts no longer say “if” when[...]
Turkey to Sue Greece for 300 MLN USD Gas Dept
The state-owned Turkish Pipeline Corporation (BOTAS) is expected to sue the Greek government for debts of around 300 million USD arising from natural gas...
General Government Deficit Rises in January to April Period
The Greek general government deficit totaled 9.967 billion euro over the four months from January to April 2011, up from 7.328 billion euro in...
Finance Minister Intends to Sue "Proto Thema" for Article
Finance Minister Yiorgos Papakonstantinou intends to sue the newspaper "Proto Thema" for libel over its front-page article headlined "Express Service Minister", according to an...
WIND Hellas Mobile Co. Sells Out to Creditors
Greek mobile operator WIND Hellas will be acquired by a consortium of its major bondholders in a deal that will see its EUR1.87 billion debt...


