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Greek Investor Buys Back Central Mall in Bucharest for 6 Times Lower
Greek real estate company Star Imob managed to buy back the City Mall shopping center in capital city of Romania for 17.3 million euros, after...
Greek Bank Deposits Only Comparable to Former Communist Countries
Based on European Central Bank data, Greek bank deposits can only be compared to the countries belonging to the former communist block as the...
Time to Clean Up the Garbage and Repower Greece
For two and a half weeks, my commute to work has involved step-stoning through wide expanses of trash. Plugging my nose has become second...
National Parades Sabotaged By Protesters
Greeks protesting austerity measures sabotaged the national school student parades in many areas of Greece.
In Greece's second largest city, Thessaloniki, the demonstrators heckled President...
Cyprus Finance Minister: Government Ready to Shore Up Banks
Cyprus’ Banks are expected to try to raise capital privately to strengthen their capital adequacy, Finance Minister Kikis Kazamias has said, stressing that the...
Papandreou: Some Greek Banks May Have To Be Nationalized
Some Greek banks may have to be nationalized after the application of the agreed 50% write down in nominal value of Greek bonds held...
Deal Reached for 50% Haircut – Full Text of Euro Summit Statement
All eyes in Greece were firmly fixed on Brussels last night as the latest attempt by EU leaders[...]
Greece to Escape Debt Crisis by Exporting Solar Energy?
EU's Energy Commissioner Günther Öttinger, the Director General for Energy Philip Löwe, and the head of the EU's Athens task force Hörst Reichenbach are...
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...
UNSG Ban Ki Moon to Discuss Cyprus Problem in New York
Cyprus President Demetris Christofias and the Turkish Cypriot leader Dervis Eroglu will have a meeting in New York with the UNSG Ban Ki...