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Lehman warning on Greek debt deal
A sovereign debt restructuring in a eurozone state could trigger a banking crisis worse than that unleashed by the collapse of Lehman Brothers, according...
EU not ruling out new Greek debt measures
The European Union has not ruled out new measures to ease Greece's intractable debt problem, the European Commission's chief representative in Athens said in...
PPC Threatens Long-Lasting Strikes for Government’s Decision to Sell Portion of Co.
People working for the PPC (Public Power Corporation) of Greece have decided to go on long-lasting strike, if the government finally realizes its plans...
Papandreou No to Elections and Debt Restructuring
George Papandreou presented on Friday his proposal titled “A Road Map for Greece of Creation” to the Cabinet, but as he made crystal clear,...
Schaeuble Raises Restructuring
Greek and Portuguese bonds led a slump in the securities of Europe’s most indebted nations amid mounting investor concern that some may be forced...
Are You a FilmHellene?
In Chicago, a new alliance has taken shape, with plans to revive Chicago’s Greek Film Fest and promote Greek films throughout the year. Niko...
General Accounting Office staff begin four-day strike
Staff at Greece's General Accounting Office have announced a four-day strike beginning on Tuesday, in opposition to the removal of authority over certain functions...
Troika Chiefs Arrive on Wednesday for Economic Inspection, Athens
The heads of the European Commission (EC), European Central Bank (ECB) and International Monetary Fund (IMF) Troika experts are expected to arrive in Athens...
EU's Rehn Excludes Greek Debt Restructuring
The European Commission ruled out Saturday any restructuring of Greece's public debt, which has exploded to around 340 billion euros ($485 billion).
"Yes, we do...
Finance ministers, ECB disagree on Greek restructuring: report
Several euro zone finance ministers told ECB President Jean-Claude Trichet in a conference call last week they have doubts Greece will meet its fiscal...