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Greek Banks Raise Saving & Lending Interest Rates
Greek banks raised their saving and lending interest rates in June, which reflects limited liquidity in the domestic banking system, stated The Bank of Greece on...
Tourism’s great battle
It is both agonizing and exciting to see the Greek tourism sector battling to survive at this time. On the one hand, it is...
Slovenia supports Greece
The Slovenian National Assembly on Tuesday passed a bill enabling the country to participate in the European Union's bailout package for Greece.
Nevertheless, both supporters...
Eretria shocked by yesterday's bloodshed!
The 56 years old Panagiotis Simosis shot and killed three people yesterday in a traditional tavern in Eretria because of economic differences. Andreas Karmiris...
Roubini: Time to face reality over Greece's debt
Greece needs an orderly restructuring of its public debt to head off an "inevitable default", says New York University professor Nouriel Roubini, the man...
Greece on track with reforms, IMF, EU, ECB say
Debt-ridden Greece is on track with the reforms required as part of the rescue package that saved it from bankruptcy, a delegation from the...
FinMin: Econ program progressing well
Finance minister George Papaconstantinou said on Friday that the second and third tranches of the EU-IMF support mechanism loans for the Greek economy are...
Man Sets Himself on Fire in Greek Bank
Greek police say a man has set himself on fire inside a bank in the northern port city of Thessaloniki to protest his financial...
US Senate votes no on IMF aid to troubled nations (like Greece!)
Senator Orrin Hatch (photo), R-Utah, and Senator John Cornyn, R-Texas, are cosponsoring an amendment to the financial regulation bill to restrict U.S. participation in...
Greek Parliament Passes Austerity Measures
The crucial Greek austerity bill has been passed by parliament.
The cuts it will bring are needed to release funds in 110 billion euro (£94...


