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Troika-Labour Ministry In Tug Of War

Troika senior officials ask Greek Labour Ministry to create multiple salary bands across the country, based on local, sectoral needs or even cross-border agreements...

No profits in ASE for August

According to Pegasus statistics no job sector displayed increase in shares during August. It was a tough month with losses rather than profits. Banks faced...

Financial Times Says Greece Will Declare Default

According to an article in the Financial Times, the second economic support package will be a waste of money due to the very...

Blind Support of Overregulation Seems Irresponsible

By Thomas Belesis Since Barack Obama took office, $38 billion in new major regulations have been introduced, imposing an unprecedented burden on businesses, according to last month’s...

200,000 Euro Dept of Pensioner Deleted

A pensioner took advantage of the law Katselis regarding households that cannot deal with their debts and, following the instructions of the Consumers...

Lack of Blood for Transfusions in August

According to e-thessalia.gr, the biggest drop in blood at blood banks is observed in August. The volunteer blood donors decreased by 30% as...

Finance Minister Met With Bank Of Greece Governor

A meeting was held between the governor of the Bank of Greece and the Finance Minister. According to sources, Giorgos Provopoulos and Evangelos Venizelos discussed...

Fitch Downgrades Bank of Cyprus

Fitch Ratings has downgraded Bank of Cyprus (BoC) and has revised the outlooks for the island’s other two banks to negative, citing their exposure...

Scenarios Regarding the Fall of Papandreou and Obama

According to an article in News247, writer of “The Journal of the American Enterprise Institute” Desmond Lachman, expressed his opinion regarding the future...

ASE Fell Below 1,000

After cumulative losses of 22.4% in 11 consecutive downward sessions and amid global turbulences caused by the downgrade of U.S. credit ratings, the General...