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Papandreou: We Don’t Get No Respect
Battered at home and throughout Europe, Greece deserves some respect for its efforts to overcome its economic crisis, Prime Minister George Papandreou said, asking...
Seamen End 8-Day Strike Disrupting Supplies
Seamen ended on Monday a week-long anti-austerity strike which stranded ferries and passengers at ports, hitting the key tourism sector and disrupting food and...
Garbage Strike Over, Collection Begins
The executive committee of the union representing local government workers decided on Friday evening to end the garbage strike that has affected collection throughout...
Eurozone Says Greece Will Get Next Loan Installment
After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt[...]
Greek Crisis Out Of Control: Primary School Pupils Faint from Starvation
“Our pupils faint due to starvation. We see our pupils coming to school with holes in their shoes. They don’t even have money to buy food from the school canteen[...]
Nobel Winner Pissarides Says No Default, But Big Haircut
As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher...
Venizelos Talks Tough to Would-Be PASOK Rebels
ATHENS – Finance Minister Evangelos Venizelos reiterated that Greece will do whatever it takes, including following the demands of the European Union-International Monetary Fund-European...
IMF's Man Says Greek Rescue Plan May Fail
ATHENS - The International Monetary Fund's representative in Greece has warned that a $152 billion bailout of rescue loans may not work because he...
Battered by Taxes, Greek House Sales Fall Off Fast
ATHENS – Greece's Deep Recession is taking another toll: on house sales. A new emergency property tax in a desperate attempt to raise money...
As Greeks Rage, Merkel Says Germany Backs a “Strong Greece”
ATHENS – As Prime Minister George Papandreou’s PASOK Socialist Members of Parliament unanimously supported an emergency property tax as part of crushing new austerity...