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Greece Staying In Euro Faces Double Risk

Government’s failure to comply with its obligations under the MoU and EU leaders’ inability to reach bold decisions, keep open the possibility of Greece...

OECD Sees Greek Recession Deepening, Downside Risks

Greece΄s economy is expected to shrink 6.1% this year and 3.0% next year, the Organization for Economic Cooperation and Development said Monday, taking a...

Express Tribune Says Greece’s Crisis is Lesson for Pakistan

The financial woes of Greece are a harsh lesson for all nations and Pakistan can also benefit if it takes a few pointers. Apart...

We Won't Pay? Many Greeks Are

ATHENS – Despite rising public anger over a slew of new tax measures that have created new “We Won't Pay” movements to go along...

Venizelos Says Greece “Scapegoat” But Will Survive Crisis

With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]

European "Union": Goodnight and Good Luck, Greece

"You either keep your word and push the mid-term program immediately or you will not be given the next trench", said Troika officials to George Papandreou and Evangelos Venizelos. Surely it must[...]

Papandreou Pushes On With Austerity, Workers Face the Axe

THESSALONIKI – With Greece only weeks away from bankruptcy without a new instalment of international aid, and scores of thousands of demonstrators on the...

Troika-Labour Ministry In Tug Of War

Troika senior officials ask Greek Labour Ministry to create multiple salary bands across the country, based on local, sectoral needs or even cross-border agreements...