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Greek Finance Minister Addresses Ministers Via Letters

According to official reports Greek Finance Minister George Papakonstantinou, adressed government ministers by sending letters to the ones involved in the memorandum's implementation. Papakonstantinou...

George Papaconstantinou Remains Finance Minister in Government Reshuffle

George Papandreou retained Finance Minister George Papaconstantinou in the cabinet reshuffle announced early today but changed other key officials involved in the effort to...

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...

Papandreou Intervenes at Minister Council Meeting

PM Papandreou put an end to reshuffle talks with an intervention during the Ministers Council's informal meeting on Tuesday. Reports say that Papandreou said...

Greek state deficit reduced significantly

The state budget deficit fell 39.7 percent during the period January-July 2010 in comparison with the same period in 2009, vis-à-vis a stated...

Prime Minister Meets with Leading Delegates Concerning Finance

Prime Minister Papandreou's meeting with Finance Minister  Papantoniou and the Governor of the Bank of Greece  Provopoulos centered on the state budget, deviation in...

Central Bank States Greece's Deficit Has Narrowed Since Last Year

According to The Central Bank, Greece's current account deficit narrowed from last year. The current account deficit for this June was 1.94 billion euros...

Slovakia Rejects Bilateral Loan Supporting Greece

Slovakia's parliament rejected the bilateral loan worth 816 million euro to debt stricken Greece, heeding recommendations of the new centre right government. The bill on...

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...