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The European Union and the International Monetary Fund are expected to give the green light on Tuesday and Friday respectively for the release of...

"We will have negative growth in 2011, but a lot less negative," Minister of Finance George Papaconstantinou told French newspaper La Croix in a...

Greek gambling monopoly's profits take a 61 percent hit. OPAP is anticipating a profit cut of 61 percent as a result of a windfall...

Prime Minister George Papandreou announced yesterday the appointment of Italian banker and economist Tommaso Padoa Schioppa to advise the Greek government on economic issues. The announcement...

Troika’s auditors will keep a close eye on Greek state-run companies, hospitals, insurance funds and structures of the local power. Experts with the European...

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...

Greece on Tuesday raised 1.625 billion euros in a debt auction, its first since getting bailed out in May, which attracted strong investor interest....

On Sunday, Fotis Kouvelis and the members of the renewal group who walked out of the SYN party announced the foundation of a new...

Universities and academic staff at all levels have been hard hit following the Greek government's unprecedented (for peacetime) severe austerity measures demanded by the...

Cash strapped Greece announced Tuesday it intends to remove ban on gaming machines to raise revenue, Reuters reported. “The regulative framework will soon be presented...