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Greece: Deal with Creditors or Face Disaster, Bankruptcy and the New Drachma
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Within a few weeks, Greece will not be able to pay salaries, pensions and loan obligations to the International Monetary Fund and other lenders, unless a bailout deal is reached.
Survey: Greeks Favor 'Honest Compromise,' Afraid of Bankruptcy
A survey by Marc on behalf of 'Efimerida ton Syntakton' newspaper has shown that Greeks favor an “honest compromise,” but are uncertain about the...
European Parliament President Warns Greece Over National Bankruptcy
European Parliament President Martin Schulz warned the Greek government it must retain its commitments towards the country's international creditors and European partners, as in a...
Greek PM: SYRIZA Is Leading the Country to Bankruptcy and a Credit Crisis
Greek Prime Minister Antonis Samaras blasted main opposition SYRIZA for leading the country to bankruptcy, to a credit crunch and eventually out of...
SETE: Danger From Russian Tour Operators Bankruptcy
The Association of Greek Tourism Enterprises (SETE) warned of the danger from further Russian tour operators bankruptcies threatening the Greek tourism market, after the bankruptcy of major...
Russian Agency Bankruptcy Hurts Tourism
One of the largest travel agencies in Russia catering to the Greek market filed for bankruptcy, causing major problems in the transportation and accommodation of Russian...
Mazda Representative Filed for Bankruptcy in Greece
The company Elma SA, Mazda's Greek representative and official importer since 1981, filed for bankruptcy on Monday June 30.
Within the next days, the company will announce...
Pension Funds at the Edge of Bankruptcy
The social security system in Greece is in a bad shape, as the assets of the pension funds don't exceed 4.5 billion euros, except from...
FT: Grexit or Bankruptcy for Greece Within the Next 4 Years
The Financial Times made a shocking prediction concerning Greece. While analyzing the sustainability plan of the German government that derived from the coalition between...
Nutriat-Katselis Declares Bankruptcy
Nutriart (KATSELIS) declared bankruptcy yesterday. The next step is to find a liquidator.
The bankruptcy petition was filed in June 2013 and was tried in...


