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Samaras, Troika Talk Taxes, Privatization

Still reeling from a decision by Greece's high court suspending his decision to take the national broadcaster ERT off the air, Greek Prime Minister...

EU Says No Role In DEPA Bid

The European Commission didn't play a role in the process that saw Russian giant OAO Gazprom withdraw its bid for Greece's natural-gas monopoly DEPA,...

No Interest, Greece Starts DEPA Bid Anew

After failing to get a single bidder for its natural gas company DEPA as part of a lagging privatization effort, Greece is going to...

Greece Commercial Battlefield for Foreign Investors

The newspaper Guardian reported in a recent article that “the Chinese are interested in airports, ports and railway stations. The Russians are determined to...

Russia's Sintez Not To Bid For Greece's DEPA, May Bid For DESFA

Russia's Sintez Group will not bid for Greek gas company DEPA, but may bid for its gas-network operator, DESFA, Sintez said Monday. Sintez was one...

Economist Says Greece Doing OK

What a difference a year makes, especially for Greece. That's how the financial magazine The Economist has characterized the country's slow recovery, although with...

Samaras Says Foreign Investors Saviors

Days after returning from a trip to China to woo business, Greek Prime Minister Antonis Samaras said the way out of the country's crushing...

Sale Of DEPA Gas Unit Postponed

With the sale of its stake in the gambling monopoly OPAP to a Greek-Czech group done, Greece is turning its attention to selling off...

Sweet Deal For OPAP: $937.8M

Greece has sold its 33 percent stake in the gambling monopoly OPAP to a Czech-Greek consortium, Emma Delta, in a deal that will...

Cyprus Thriller Goes On

The European Union has given Cyprus until March 25 to raise 5.8 billion euros ($7.5 billion) to secure a bailout from international lenders or...