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Four Months Quake Spate Investigated in Messinia

Experts from the Greek Earthquake Planning and Protection Organization have been dispatched to the southern Peloponnesian region of Messinia to monitor a four-month spike...

PASOK Slips, But No Winners Seen

PASOK Slips, But No Winners Seen ATHENS - Eighteen months after imposing pay cuts, tax hikes and slashed pensions on the working populace in an...

Greek Student Occupations Keep High Schools Closed

ATHENS – The school year began Sept. 12, but continued sit-ins and occupations by students protesting the failure of the government to provide textbooks...

Real Unemployment Rate to Hit 26% in 2012

The rate of real unemployment in Greece will reach 26% next year, according to economics professor and director of the Labor Institute of the...

Greece Records Largest Increase in Suicide Rates

Greece records the biggest rise in suicide attempts throughout Europe, said Mrs. Bekiari, member of NGO “Klimaka” during her interview to SKAI Radio. As pointed...

Statistician Says Greece Played Numbers Game, Inflated Deficit

ATHENS – Charges by a former board member of the Hellenic Statistical Authority (ELSTAT) that the government deliberately inflated the size of the 2009...

Alpha and Eurobank Agree to Merge

Two of Greece’s three biggest lenders, Eurobank EFG and Alpha Bank have reached an agreement to merge, according to reports, which would create one...

Venizelos: Recession Could Deepen

Greek Finance Minister Evangelos Venizelos didn’t rule out the possibility of deeper recession and new measures. Recession could be deeper, reaching 4.5%, Venizelos told Skai...

Taxi Drivers Step Up Strike, Block Traffic

Taxi drivers have blocked major roads across Greece. Taxi owners occupied the country's longest suspension bridge at Rio in western Greece and blocked the Athens-Patras...