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The EC, ECB & IMF to Keep an Eye on State Companies, Hospitals & Funds

Troika’s auditors will keep a close eye on Greek state-run companies, hospitals, insurance funds and structures of the local power. Experts with the European...

Delays & Cancellation of Flights

Domestic and international flights in and out of Greece are facing serious delays because of an air traffic controllers' 24 hour strike.  The strike is...

Greeks Must Mimic the Irish to Overcome its Financial Turbulence?

According to the site: www.gulfnews.com Greece must mimic the Irish in order to face the crisis. While Germany and France are the biggest economies in...

German Minister of Economics: “The Support Mechanism Will Stay For Three Years”

German newspaper Frankfurter Allgemeine Zeitung published an interview with the German Minister of Economics, Wolfgang Schäuble (CDU) entitled “The Support Mechanism will Expire, We Made...

Air controllers' strike declared illegal

There are plans by the Air Traffic Controller's Union to start 24-hour rolling strikes Sunday which are illegal. Union officials say they will not defy...

US Ambassador – designate to Greece

US Ambassador-designate to Greece Daniel Bennet Smith said that the Greek government is facing a very difficult economic situation with determination, and implementing all...

Moody's "Greece Is Not Expected to Go Bankrupt"

There is no imminent bankruptcy of Greece, said, Moody's Vice President, Thomas Byrne, in an interview with the American network CNBC. " We do...

PM Papandreou meets Israeli President Peres

Greek Prime Minsiter George Papandreou held talks here on Wednesday afternoon with Israeli President Shimon Peres who expressed his support to the Greek government's...

George Papandreou will visit Bulgaria

George Papandreou, the Greek prime minister, will pay a visit to the Bulgarian capital Sofia on July 27, which is expected to be crucial...

George Papandreou in the UK newspaper Guardian

Greece is on a normalised road, prime minister George Papandreou opined in an interview with the UK newspaper Guardian, noting that in the nine...