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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...

French Finance Minister Calls For IMF To EASE Greek Lending Terms

French Finance Minister Christine Lagarde called on the International Monetary Fund to ease the terms of Greece’s bailout loan, following European Central Bank’s example,...

China Raises Fund for Greek Ships

China will double to $10 billion the amount of a fund offering cheap loans to Greek ship-owners. China proposed the deal to help Greek...

350 Greeks Attempt Suicide due to Economic Problems

More and more Greeks are driven to desperate actions due to the never ending economic crisis. The National Federation of Consumers’, Borrowers’ and Citizens’...

Greek prosecutor to probe NBG, Alpha bid leak – source

Judicial officials in Greece say an investigation has been launched into potentially illegal trading practices involving shares in National Bank and Alpha Bank after...

Greek Commissioner Defies EU Model of Austerity

Maria Damanaki, the commissioner for maritime affairs, publicly distanced herself from European Commission policies that she says could lead to "social degradation" and called...

Minister: Greek Economy to Shrink by Another 3 Percent in 2011

The Greek economy is expected to shrink by a further 3 per cent this year, Finance Minister Giorgos Papakonstantinou said Thursday, nevertheless pledging to...

Moody΄s Downgrades Cyprus To A2 From Aa3

Moody΄s Investors Service announced on Thursday that it downgraded Cyprus΄s government bond ratings by two notches to A2 from Aa3, reflecting its view of...

Papandreou In Search of International Investors

George Papanreou is undergoing efforts concerning the investment deficiency and money shortage.  A line of trips are being planned to China, Japan,...