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Geithner Welcomes Progress On Greek Finances

Treasury Secretary Tim Geithner told Greece's finance minister Monday that he "welcomed the progress" from Greece in implementing measures for its economic overhaul, the...

Germans Interested in Greek State Enterprises

The German Chancellor Angela Merkel stated she is willing to support the efforts of Greece, in order to overcome the economic crisis. She believes...

Moody's Downgrades Greece Debt Rating

Moody's Investors Service says it has downgraded Greece's sovereign debt rating by three notches, leaving it one notch away from default, and warned creditors...

Council State asks for the Demolition of 22 Illegal Buildings-Chalkidiki

The Council of State has judged the planning permission of 22 luxurious buildings in the area of Stavrokinikta, Chalkidiki as illegal and has given the green light to...

Takeover of the Athens Suburban Railway at Agioi Theodoroi

The residents of the region Agioi Theodoroi, in the Peloponnese, gathered on 23, July, to protest over a private chemicals storage company that is planning to set...

Lifeguard Positions Popular Among Unemployed

According to the director of the Greek Lifeguard School Vania Vihou, the number of applications for working as a lifeguard has risen up...

Complaints to European Commission over Grape Harvests

Although there is crisis and Greece is dealing with number of severe financial problems, the wine industry is flourishing. However, the Greek National and...

Building To Be Reconstructed Into Mosque For Muslim Community In Athens

The Greek government will finance the reconstruction of building structures into mosques for the Muslim community in Athens. Estimated to cost less than 15...

Media Reaction on European Agreement

The BBC focuses on the positive reaction of the markets towards the plan for managing the debt crisis in Greece. However, it expresses concerns regarding...

Dallara Sees Greek Selective Default As Temporary

The leading private-sector negotiator in talks over Greece΄s new bailout deal said he expects Greece will be placed in selective default by rating agencies,...