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Former Greek PM Simitis Says “Greece Did Not Cheat”
In an article published in French “Le Monde” daily on November 16 issue, former Greek PM Costas Simitis supports that Greece did not enter...
Greeks Take Euros at Home Under Drachma Threat
In the wake of the political chaos, panicked Greeks keep withdrawning their savings from banks fearing that their precious Euros will soon be converted...
Papandreou Scraps Bailout Referendum, Seeks Coalition Government
ATHENS – Faced with defections by his Finance Minister, Cabinet official and Members of Parliament of his ruling PASOK Socialist party, Prime Minister George Papandreou has quickly withdrawn his plans[...]
IMF Mum On Possible Papandreou Resignation
The International Monetary Fund declined to comment on speculation that Greek Prime Minister George Papandreou may resign Thursday, insisting uncertainty in the country must...
Former EU Commissioner Says Greece's Crisis May be Remembered as Success Story
The Greek crisis may well be remembered in the future as the best success story of the euro, said Italy's former EU Commissioner and...
Vanishing Cyprus: Bank Domination
What the people of Greece are going through is certainly a crime against humanity! We are seeing a human tragedy unfolding in front of...
John Thomas Financial Releases Chief Economist Mike Norman’s Analysis on Greece
John Thomas Financial, an independent broker-dealer and investment banking firm located in New York City's Financial District, today released Chief Analyst Mike Norman's analysis and commentary...
Greek Factory Activity Declines Further In July
Operating conditions across Greek manufacturing sector worsened in July, as continued decline in new orders caused further contraction in output, survey results from Markit...
Financial Times Front Page Article Discusses Unprecedented European Intervention in Greek Economy
According to a front page article on the Financial Times, ''European leaders are negotiating a deal that would lead to unprecedented outside intervention in...
ELPE Hellenic Petroleum Workers Launch 10-Day Strike
Employees of Hellenic Petroleum (ELPE) on Sunday launched a 10-day strike that could potentially disrupt the smooth supply of the market with fuel in...