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Inflation at 5.3% in May

Greek inflation jumped to 5.3 pct in May, up from 4.7 pct in April, Eurostat announced on Wednesday. The EU executiveâs statistics agency, in a...

Greek Premier Calls For Permanent EU Stabilization Fund

Greece's prime minister on Friday called on European countries to make a EUR440 billion stabilization fund permanent, in a bid to improve economic governance...

FinMin: Econ program progressing well

Finance minister George Papaconstantinou said on Friday that the second and third tranches of the EU-IMF support mechanism loans for the Greek economy are...

Stocks plunge to 2010 lows

Stocks plunged during the last trading session of the week at the Athens Stock Exchange, hit by a worries over debt problems in the...

Greek – Americans see lesson for U.S

With three Athens-based television stations streaming into his home, Nicholas A. Bazos (photo), 72, is keeping close tabs on the fiscal crisis and resulting...

Greek Parliament Passes Austerity Measures

The crucial Greek austerity bill has been passed by parliament. The cuts it will bring are needed to release funds in 110 billion euro (£94...

Greece: The full new economic measures

Greece's finance minister outlined deep spending cuts and tax increases Sunday to free up a multi-billion-euro rescue by the International Monetary Fund and European...

Deputy FM Spyros Kouvelis visiting Chicago

Deputy Foreign Minister Spyros Kouvelis was scheduled to hold meetings with state and municipal officals, as well as with members of the Greek American...