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Greek FM: Greece May Tap EFSF In 2012
Greek Finance Minister Giorgos Papaconstantinou said on Tuesday that Greece may resort to the Eurozone’s rescue fund (EFSF) in 2012 if the cost of...
Greece To Resort To EFSF In 2012
Eurozone Finance Ministers will discuss later on Monday the fine print of a deal covering the Eurozone΄s bailout funds.
European Summit decided on Saturday to...
Moody's slashes Greek rating, may cut further
Moody's Investors Service on Monday slashed its Greek credit ratings by three notches from Ba1 to B1 and warned that they could be downgraded...
European Socialist Parties Meet in Athens
Europe's socialists on Saturday proposed a counter plan to a Franco-German competitiveness pact, that aims to strengthen the eurozone while ensuring economic recovery.
"We have...
Rogoff: Debt Restructuring Inescapable For Greece
Harvard University professor Kenneth Rogoff (photo) said on Wednesday that Greece and Ireland will need to restructure their debts, and Spain and Portugal may...
Issing: Greece Needs To Reschedule, But Not Now
German economist Otmar Issing told Reuters that Greece will ultimately need some form of debt restructuring, but not now.
"The question is about contagion effects....
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...
PM Ηeads for Τalks with Merkel in Germany
Greek Prime Minister George Papandreou will meet with German Chancellor Angela Merkel in Berlin on Tuesday to discuss the economic progress his country is...
Papandreou Attends EU Special Summit on Energy & Innovation, Brussels
Greek Prime Minister George Papandreou is currently in Brussels for a one-day summit with EU leaders on energy, innovation and economy. The meeting is being chaired...
NY Times Article: “What’s Broken in Greece? Ask an Entrepreneur” Profiles Vergina Brewer’s Frustration
Yesterday’s Sunday edition of The New York Times published an article titled: “What’s Broken in Greece? Ask an Entrepreneur” by Landon Thomas Jr. It...