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Another Delay in Deciding $15 Billion in Budget Cuts
ATHENS – After vowing during the campaign before the June 17 election to hold the line on more austerity measures demanded by international lenders...
New Democracy Pulls Away from SYRIZA, Tsipras Concedes
ATHENS –In a political thriller that was too close to call after the initial exit polls, the pro-austerity New Democracy Conservatives were projected to...
Greek Blackouts Risked as Power Companies’ Cash Runs Out
Greece faces the threat of rolling power blackouts as the economic crisis leaves utilities without cash to pay for natural gas imports and operate...
Credit Agricole Said to Reach Accord on Greek Emergency Funds
Credit Agricole SA, the foreign bank with the biggest risks in Greece, reached an accord with Greek authorities that will let its unit in...
Greek Euro-Exit Moonscape Result May Threaten Drachma Choice
Business in Greece can hardly get worse for Pavlos Tziorkas’ technology consulting firm as it battles a credit freeze in the fifth year of...
Greek-Russian Finance Forum Initiated in Moscow
The Greek-Russian Finance Chamber organized the 1st Greek-Russian Forum “Greece-New Investment Cooperation Possibilities” to take place June 6 in the Chamber’s premises in Moscow.
The...
Nobel Prize Winner Pissarides Expresses Fear for the 'Poorest Greeks'
Famous Greek-Cypriot economist Christopher Pissarides may have won a Nobel Prize in economics in 2010, but he hasn’t forgotten his roots in a modest...
Citigroup Inc: Citigroup Sees Greek Exit On January 1, 2013
“Greece will leave the euro zone on January 1, 2013 and its new currency will immediately fall by 60% against the euro, unleashing a...
Prosecutors Say Tsochatzopoulos Stole Millions from Defense Deals
ATHENS – He was a founding member of the PASOK Socialist party in 1974, almost became Prime Minister, was one of the most recognizable...
Vanishing Cyprus: Eurozone in Tatters
The existing turbulent debt crisis in the Eurozone is only the tip of the iceberg before the real storm destabilizes the lives of millions...


