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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...

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...

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...