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Slovenia supports Greece

The Slovenian National Assembly on Tuesday passed a bill enabling the country to participate in the European Union's bailout package for Greece. Nevertheless, both supporters...

Russia sees Greek debt “restructuring"

According to AFP, Alexei Kudrin (photo), Russia's finance minister Saturday said he expected Greece to require a restructuring of its debt by creditors. He...

Inflation at 5.3% in May

Greek inflation jumped to 5.3 pct in May, up from 4.7 pct in April, Eurostat announced on Wednesday. The EU executiveâs statistics agency, in a...

FinMin: Econ program progressing well

Finance minister George Papaconstantinou said on Friday that the second and third tranches of the EU-IMF support mechanism loans for the Greek economy are...

Bankers flatly dismiss euro exit speculation

Main opposition New Democracy (ND) leader Antonis Samaras on Tuesday met with the board of the Hellenic Bank Association for talks on current developments...

Stocks plunge to 2010 lows

Stocks plunged during the last trading session of the week at the Athens Stock Exchange, hit by a worries over debt problems in the...

Greek – Americans see lesson for U.S

With three Athens-based television stations streaming into his home, Nicholas A. Bazos (photo), 72, is keeping close tabs on the fiscal crisis and resulting...

Greece: The full new economic measures

Greece's finance minister outlined deep spending cuts and tax increases Sunday to free up a multi-billion-euro rescue by the International Monetary Fund and European...

Deputy FM Spyros Kouvelis visiting Chicago

Deputy Foreign Minister Spyros Kouvelis was scheduled to hold meetings with state and municipal officals, as well as with members of the Greek American...

Euro-Zone Nations Offer $40 Billion to Greece

Greece's European partners say they are offering Greece euro30 billion ($40 billion) in loans this year to help ease its debt crisis. Olli Rehn, the...