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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...

IMF/EU/ECB Extends Deadline For Political Decisions

IMF/EU/ECB have asked for further cost cutting in public enterprises, faster implementation of privatization program and more efficient measures against tax evasion, and expects...

Minister of State Pampoukis Presents Economy to Asian Markets

A very nice presentation of the Greek economy in Asian markets is being prepared with stable and very careful steps. According to information, Minister...

European Union Concerned About Greek Debt

The proposed increase of European Central Bank’s interest rates and the expansion of the political crisis in both weak (Portugal, Ireland, Spain) and strong...

"Even nuns" moving their money abroad, says Greek official

Greece's ongoing financial crisis has raised fears of bankruptcy to such levels that people from all walks of life - 'even nuns' - are...

Greek Police Arrest Terror Suspects

Greek police said today they had arrested three leading members of a homegrown terror group responsible for a spree of attacks last year, including...