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"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 Government Finalizes Mid-Term Package
Greek government calls up for the increase of revenue and restrain of expenditure, knowing that it would be forced to reopen the case of...
State Budget Execution Reveals Deficit Widening
Greek Finance Ministry announced that the State Budget deficit is EUR 1,028mn for the period of January-February 2011, compared to EUR 944mn during the...
Government Proceeds with Privatization Program
Starting today, Greek government proceeds with the implementation of its privatization program regarding the sale of government stakes in banks, as well as of...
Budget: Greece Gets Ready For More Austerity in 2011
Greek government Thursday tabled in the nation’s parliament its 2011 Budget that “continues agressive fiscal consolidation effort,” the Ministry of Finance said.
The aim is...
Greece Presents Austerity Budget for 2011
The Greek draft 2011 budget announced Monday by the finance ministry aims to cut the budget deficit to 7% of gross domestic product, ahead...
Papandreou Critisized at The Thessaloniki International Fair
There will be no new austerity measures as long as Greece was "doing well" with regard to the targets of the memorandum for the...
OPAP's Profits Hit by the Crisis
Greek gambling monopoly's profits take a 61 percent hit. OPAP is anticipating a profit cut of 61 percent as a result of a windfall...
FinMin: 2011 'year of hard work'
Next year will be a year of 'hard work' for the government, finance minister George Papaconstantinou said in an interview, referring to the big...
IMF Expert State Greece Could Exit Crisis by 2013
According to an International Monetary Fund economist, Greece could exit its financial crisis by 2013. Poul Thomsen told the newspaper "To Vima" that Greece should strengthen its...


