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Astoria’s Greek Firms Affected by Crisis in Greece

Import, advertising, tourism businesses see drop-off; others see opportunities At Lefkos Pirgos, a Greek café in Astoria, most talk revolves around one topic: the financial...

Greece Considering Legal Action Against U.S. Banks for Crisis

Greece is considering taking legal action against U.S. investment banks that might have contributed to the country’s debt crisis, Prime Minister George Papandreou (photo)...

President Obama Concerned about Greece

President Barack Obama stated in an interview released Saturday from Russia's Channel Rossiya that he was "very concerned" about the Greek debt crisis and...

Argentine president warns Greece against austerity measures

Argentine President Cristina Fernandez de Kirchner (foto) warned Greece Thursday against austerity measures that might trigger social problems like those that Argentina faced early...

Eurozone agrees on support mechanism for Greece

The leaders of the Eurozone countries decided in the early hours of Saturday to activate a support mechanism for Greece, Greek Prime Minister George...

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 a reminder of GFC: Rudd

Rudd warns that the Greek events reveal that the Global Financial Crisis is not over Problems in Greece show the global financial crisis is not...

3 dead during Greek riots at general strike (video)

Three people died in a fire set by Greek protesters in central Athens in Marfin Popular Bank during a protest march against government austerity...

“Panorama”: Greece is being sold…

By Kiki Danaktsi This year will be a great one for everyone who wants to invest in Greek property and an unpleasant one for those...

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...