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Bank of Greece's Governor Provopoulos States: "Memorandum is the Only Solution''

The governor of the Bank of Greece, George Provopoulos stressed in an interview, the need to engage with political and social forces, making clear that there are no alternative solutions...

Likely IMF Chief Lagarde Warns on Greece's Public Finances

Interviewed by an Austrian magazine, French Finance Minister Christine Lagarde said she would make no comments on the IMF debate, but is flattered to...

Greece's Lawyers Reject Meeting With Troika Representatives

Greece's lawyers rejected a meeting with Troika representatives for Tuesday.  This was decided in a vote during an extraordinary plenary meeting of the presidents...

Private U.S. & EU Universities Now Included in Greece's Life Long Learning Institutions Network

Private colleges providing tertiary-level education, mostly offering courses under franchise agreements with universities in the U.S. and European Union, have been made part of...

Greece's Budget Deficit Higher Than Expected

Eurostat announced on Tuesday that the deficit of the General Government for 2010, is estimated at €24.2b (10.5% of Gross Domestic Product), while the...

Future of Greece's Motorway Projects Appears Bleak

The future of Greece's five biggest highway projects is at stake because of funding shortfalls, daily Kathimerini writes.  The paper quotes recent reports, adding...

Greece's Souda Military Base is a Key Player in Libya

Greece’s military base at Souda is developing into a key player for the coalitions forces bombarding defense positions in Libya, in order to apply...

Greece's Participation in Operation against Libya Costs 1 Million Euros Daily

The military operation against Libya has hardly started, yet a Greek television channel reported that the country’s war participation will cost one million euros...

Greece's top tax collecting official resigns

Greece's top tax official resigned on Wednesday two days after Moody's slashed the country's credit rating, citing shortfalls in tax collection. A government spokesman said...