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European Commission Approves 2nd Loan Tranche to Greece
The European Commission announced today that Greece has successfully committed to the conditions of the memorandum and approved the second loan tranche by Eurozone...
The Council of State Appeals Landmark Memorandum
An appeal demanding the annulment of a landmark memorandum agreed to by Greece with the "Troika" -- EU Commission, ECB and IMF -- will...
FinMin: 2011 'year of hard work'
Next year will be a year of 'hard work' for the government, finance minister George Papaconstantinou said in an interview, referring to the big...
IMF Expert State Greece Could Exit Crisis by 2013
According to an International Monetary Fund economist, Greece could exit its financial crisis by 2013. Poul Thomsen told the newspaper "To Vima" that Greece should strengthen its...
Greek Ministry of Finance Bomb Scare a Hoax
At 13:02 p.m an anomymous call triggered a bomb scare in The Ministry of Finance just when The Finance Minister was about to address...
The EC, ECB & IMF to Keep an Eye on State Companies, Hospitals & Funds
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...
US Ambassador – designate to Greece
US Ambassador-designate to Greece Daniel Bennet Smith said that the Greek government is facing a very difficult economic situation with determination, and implementing all...
EU, IMF Officials To Visit Greece July 26 For Interim Review
A delegation of European and International Monetary Fund officials are due to visit Greece July 26 to decide whether the country should get the...
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...
European shield for depositors!
According to the European Commission, deposits up to 100.000 euros will be guaranteed in all state-members of the European Union. More specifically, in case...