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Juncker: IMF Needs 12-Month Greek Financing Guarantee
The next tranche of financial support for Greece depends on the outcome of a report by the International Monetary Fund, European Central Bank and...
Alternative Proposals for €50bn Asset Disposal Program
As growing skepticism spreads among European leaders over whether the Greek government will actually pay off its debts, EU officials and diplomats are considering how...
Interview with Modern Greek Novelist Constantine Abazis
Constantine Abazis was born in Athens in 1972. He studied Philosphy and International Relations (B.A. & M.A.) at New York University, traveled extensively and...
Industrial Union Favours Party Consensus to Exit Economic Crisis
Even the President of the Union of Greek Industrialists (SEB), Dimitris Daskalopoulos, is in favor of party consensus in order to enable Greece to...
Today’s New York Times Includes Article on Dismal Greek Economy
The economic deadlock that many Greeks experience is referred to in today's publication of the New York Times. Additionally the article noted the upward trend...
PM Says Privatisation is Top Priority
In Corriere Della Sera, Papandreou listed measures already taken to improve the country's public finances, including public sector cuts and economic liberalisation and said...
“Guardian”: The National Crisis Leads Thousands of Athenians to “Rural” Immigration
The growing debt, unemployment and poverty is leading a lot of people living in Athens to look for a less costly life, far from...
Bloomberg: 85% Of Investors Anticipate A Greek Default
A Greek sovereign debt default appears to be increasingly likely, at least according to the financial community.
In a Bloomberg poll of 1,263 investors, analysts,...
EU, IMF Ready For 'Soft' Greek Restructuring -Report
The European Union and International Monetary Fund, backed by the German government, are ready to accept a "soft" debt restructuring by Greece after acknowledging...
Troika Experts Begin Talks in Athens
Representatives of ''Troika'' (the International Monetary Fund, the European Union and the Central European Bank) are today beginning a series of talks with Greek...