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A sweeping reshuffle of the government was announced after midnight on Monday.  This occured less than a year after the elections that brought  ruling socialist...

The Greek economy is expected to contract more than 4.5% of GDP in the second half of the year, according to provisional estimates by...

According to the site: www.gulfnews.com Greece must mimic the Irish in order to face the crisis. While Germany and France are the biggest economies in...

Achieving a solution to the Cyprus issue will yield a major "peace dividend" translating into billions of euros per year for both Turkey and...

Greece is on a normalised road, prime minister George Papandreou opined in an interview with the UK newspaper Guardian, noting that in the nine...

The International Monetary Fund (IMF) late Friday issued its interim report "Greece Stand-By Arrangement - Review under the Emergency Financing Mechanism", in which it...

Hotelkeepers in Greece see some 9% downturn in revenues in 2010 after the 12% drop in 2009, News In informs. According to chairperson of the...

Greece needs an orderly restructuring of its public debt to head off an "inevitable default", says New York University professor Nouriel Roubini, the man...

Education Minister Anna Diamantopoulou announced deep reforms in the structure and operation in tertiary education institutions during her speech at the 64th University Deans'...

U.S. markets pared their gains in late morning and on into the afternoon, after Moodys Investor Services analyst Sarah Carlson downgraded Greece’s sovereign debt...