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Papademos Sworn In, New Coalition Government Faces Old Problems

ATHENS – Former European Central Bank Vice-President Lucas Papademos has been sworn in as the country’s interim Prime Minister, charged with keeping international aid...

Major Greek Company to Open Branch in Bahrain

A major Greek company specialising in mining, processing, trade, and industrial minerals and ores is to open a branch in the Kingdom of Bahrain...

Papandreou’s Referendum Call Rattles Markets, Threatens Bailout

Greek Prime Minister George Papandreou’s surprise announcement will ask voters to decide the fate of international bailout loans and his wobbly Administration through a...

Parliament’s Greek-Russian Friendship Group in Russia

On Monday, the head of the Greek parliament's Greek Russian Friendship Group Simos Kedikoglou had a meeting with Russia's deputy foreign minister Vladimir Titov and...

Tourism Enterprises Uncertain Over 2012 Trends

On Tuesday, the Association of Greek Tourism Enterprises (SETE) warned that 2012 would be an extremely uncertain period for Greek tourism, as it could...

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...

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...

Eurozone Approves Greek Loan Installment

Eurozone ministers have approved the release of urgent aid to help Greece avoid an immediate default on its debt. And a new bailout for...

Tourism Investment Conference: Focus on Greece

A delegation of senior government officials, bankers, financial advisors and business people from the tourism industry will gather on June 29 at the National Insurance Conference  Center...

Debt to Equity Conversion: An Alternative Way for Greece

By Elias Karavolias and Aggelos Skutaris* Practically everyone in the international financial markets, nowadays, is familiar with the various proposed solutions, regarding the Greek national...