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Merkel – Sarkozy Agreed On A New Greek Package
German Chancellor Angela Merkel and French President Nicolas Sarkozy have reached to an agreement on a new bailout package for Greece after seven-hours of...
Merkel: Greek Default Not Goal, But Investors Must Contribute
German Chancellor Angela Merkel on Sunday said she isn΄t seeking a Greek default as a consequence of euro-zone efforts to prop up the country΄s...
Greece’s Compensation Request for Nazi Victims to International Court Now Tabled
The International Court in The Hague announced recently that Greece can inform the Court about the legitimate interests that the country has in the case of the appeal of...
EU Calls Emergency Summit on Greece
The leaders of the 17 eurozone countries will hold a special summit on Thursday in an attempt to forge a deal on a second...
Greek Minister of Culture & Tourism Geroulanos Visits Russia
The first good signs for Greek tourism are coming from the increase in traditional markets this year, and the continuing growth of new markets such as Russia, Turkey, Israel and Ukraine, noted Minister of Culture and...
Merkel: Greek Deal Pre-Condition Of Euro Summit
German Chancellor Angela Merkel said on Thursday that Eurozone members shouldn΄t hold an emergency summit until they were prepared to approve a deal to...
PM Says Second Bailout Needed Urgently
Prime Minister George Papandreou said the euro zone and International Monetary Fund must quickly approve a second bailout for his country to avoid its...
Europeans Clash over Greek Debt Crisis
Following eight hours of talks on Tuesday evening (11 July), finance ministers from the 17 countries that share the common EU currency, are discussing...
Germans Give Emphasis on Greece’s Solar Energy
According to Wolfgang Schäuble, the promotion of privatizations, reforms in labor relations and investments in the private sector are the cornerstone of development in Greece.
Particular emphasis is given to solar energy, not...
New York Times Article: Greek Default would be Catastrophic
According to a recent New York Times newspaper, a default by Greece would be a catastrophe for
Greece, for its European creditor banks and for...