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Eurozone FinMins To Hold Conference Call on Saturday

The Eurogroup meeting scheduled for Sunday has been cancelled and European Finance Ministers will hold a conference call on Saturday afternoon. Guy Schuller, the spokesman...

Downtown Athens Returns to Normal in Wake of Demonstrations

Business has almost returned to normal in the center of Athens after two days of violent[...]

Strike Is Over, PPC And Private Suppliers Counting Losses

Public Power Corp and private electricity suppliers count the losses of recent strikes, after union GENOP decided to suspend labour actions. The company was...

Rompuy – Barroso: Austerity Measures Adoption Paves Way For Next Aid Tranche

With today΄s approval by the Greek Parliament of the revised economic programme, the country has taken an important step forward along the necessary path...

Olli Rehn: No Plan B For Greece To Avoid Immediate Default

European Union has no Plan B in case Greece votes against the medium-term fiscal strategy, European Commissioner of Economic Affairs Olli Rehn said in...

Ilias Papailiakis’ Portrait Exhibition Hosted in Berlin

A new painting exhibition by Ilias Papailiakis is being hosted at “Upstairs Berlin” gallery, in the capital of Germany until the end of July. The...

Germany Rejects Greece Exiting The Euro

Germany rejects the idea of Greece exiting the euro, a country’s finance ministry spokesman said on Monday. It would be a “bad sign” for the...

Greek Vice-President: Drachma Return Talk “Immense Stupidity”

Vice-President of the Greek government Theodoros Pangalos blasted suggestions that Greece should exit the euro and return to the drachma as an “immense stupidity”. In...

G.Papandreou: EU Decision Supports Greece’s Effort On Development

European Union’s decision on a second support program to Greece ensures the financing of the country for the next years in order to achieve...

Finance Minister: Gradual Solidarity Contribution Of 1-5%

Greek Finance Minister Evangelos Venizelos announced on Thursday afternoon that MPs, local councilors, general secretaries of public organizations would be taxed by 5%, stating...