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Greece Presents Austerity Budget for 2011
The Greek draft 2011 budget announced Monday by the finance ministry aims to cut the budget deficit to 7% of gross domestic product, ahead...
New Greek Parliament Committee to Investigate Role of Int'l Banks
A Greek parliament committee will be set up by the end of the year. It will investigate the role of international banks regarding the problems...
National Council for Research & Technology Holds First Meeting
Distinguished scientists are currently in Greece, at the disposal of the Ministry of[...]
Greece Plans Selling Bonds to Greeks Abroad
The nation's Finance Minister stated yesterday that Greece plans to sell bonds to Greeks abroad as it eyes a return to international bond markets next...
Educated Young Greeks Desire to Work Abroad
Yesterday The New York Times posted an article: “Young Greeks Seek Options Elsewhere”, on page B1of the New York edition. Please find below a...
PM Papandreou Announces New Cabinet
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...
Greek Economy May Shrink More Than 4.5% in 2010
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...
Greeks Must Mimic the Irish to Overcome its Financial Turbulence?
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...
Cyprus Solution ‘Dividend’ Would Run to Billions, PRIO Paper Predicts
Achieving a solution to the Cyprus issue will yield a major "peace dividend" translating into billions of euros per year for both Turkey and...
George Papandreou in the UK newspaper Guardian
Greece is on a normalised road, prime minister George Papandreou opined in an interview with the UK newspaper Guardian, noting that in the nine...