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Spring Cleaning Week Ahead Of Troika Arrival

The scheduled arrival of IMF/EU/ECB officials next week intensifies pressure on Greek government regarding the finalization of additional €22bn budgetary measures and €50 privatization...

Minister: Greek Economy to Shrink by Another 3 Percent in 2011

The Greek economy is expected to shrink by a further 3 per cent this year, Finance Minister Giorgos Papakonstantinou said Thursday, nevertheless pledging to...

Greece To Proceed With Announcements Regarding Privatizations

Greek government is preparing the first package of property exploitation and a more comprehensive privatization program as well, so that the tenders could be...

Greek MinFin: Bond Buyback Plan Under Discussion

The Greek Finance Minister said on Friday that a European initiative allowing the Greek government to buy back outstanding debt is being discussed, according...

Barnier: Greek Economy Still In A State Of Emergency

European Commissioner for Internal Market and Services said that Greece took the right decision to enter the bailout mechanism of European Union and International...

Government Proceeds with Privatization Program

Starting today, Greek government proceeds with the implementation of its privatization program regarding the sale of government stakes in banks, as well as of...

Influential Greek Musician Lavrentis Machairitsas Dies at 63

Popular Greek rock musician Lavrentis Machairitsas, who has produced dozens of records over the decades, has died in the early hours of Monday, apparently...

37th River Party in Greece: Six Days Filled With Music and Dance

The annual River Party music festival in Kastoria, northern Greece, will open its doors once again between August 18 and 23, overcoming all the difficulties presented...