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Bulgarians Arrested in Albania for Online Fraud

Albanian authorities arrested five Bulgarians on charges of electronic fraud and theft at banks in the coastal city of Durres, 35 kilometres west of...

Greece Begins Talks On Bond Swap Program

Greece began talks with international bankers Thursday over a proposed bond swap program amid widespread uncertainty about the details of the plan and one...

Exhange of State Bonds Commence in August

The Deputy Minister of Economics Philippos Sahnidis confirmed on Tuesday that the exchange of state bonds will start in August. As a result,...

Finance Minister Venizelos to Washington for Talks With IMF

Finance Minister Evangelos Venizelos will head to Washington on Sunday for talks with International Monetary Fund (IMF) chief Christine Lagarde and U.S. government officials,...

Bank Account Confidentiality Lifted

The Ministry of Economics decided to lift bank accounts confidentiality for those who have lately moved part of their deposits to foreign banks...

EU Calls Emergency Summit on Greece

The leaders of the 17 eurozone countries will hold a special summit on Thursday in an attempt to forge a deal on a second...

48-Hour General Strike Scheduled for June 28th

Thousands of Greeks gathered outside parliament in Athens to protest against the new austerity package. PM George Papandreou has said that only his 28bn-euro (£25bn)...

Bank of Greece's Governor Provopoulos States: "Memorandum is the Only Solution''

The governor of the Bank of Greece, George Provopoulos stressed in an interview, the need to engage with political and social forces, making clear that there are no alternative solutions...

Wolfgang Schäuble: Brief Note to Greece

The German Minister of Finance Wolfgang Schäuble gave a brief note to Greece that if the Medium-Term fiscal programme is not voted by the...