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State Net Revenues Declined 9.1%
According to data available for the State Budget execution for the two months of January and February 2011, on a fiscal basis, the State...
Greek Government Finalizes Mid-Term Package
Greek government calls up for the increase of revenue and restrain of expenditure, knowing that it would be forced to reopen the case of...
IMF: Major Reforms Still Needed For Greece
International Monetary Fund said on Wednesday that a medium-term budget strategy paper, which will set annual spending ceilings for individual line ministries and fiscal...
Greek Nat'l Tourism Organization to Close 9 Offices Abroad
Under a new plan, the restructuring will burden the state budget with 1.6 million euros to pay for compensation of personnel and relocation expenses.
The...
Merkel Pulls Brake on Hopes of Lowering Greek Aid Cost
Chancellor Angela Merkel told German parliamentary leaders that it was unlikely she’d agree to cut interest rates on rescue loans to Ireland and Greece,...
Sam Voutas: A Fellow Greek Makes it in China
The actor, director and producer talks about making in China, his new film and his future plans that may include Hollywood. And in case you are wondering... yes he does speak Mandarin fluently.
Greek Stop-motion Animation Film “The Village” Makes it to Cinequest
Greek stop-motion animation short film The Village, written and directed by Greek animator Stelios Polychronakis will be screened at this year's Cinequest International Film...
Greek Commissioner Defies EU Model of Austerity
Maria Damanaki, the commissioner for maritime affairs, publicly distanced herself from European Commission policies that she says could lead to "social degradation" and called...
G. Papandreou: Greek Islands Are Not For Sale
Greek PM George Papandreou stressed that Greece will not sell any of its islands to reduce the country’s debt, according to Reuters.
"Anything like that...
Merkel: Greek debt can be discussed in wider package
German Chancellor Angela Merkel signaled that European Union leaders may be ready to renegotiate the terms of Greece’s bailout as part of a broader...