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Moody's Upgrades Greece's Credit Rating

AP - Moody's ratings agency late Friday upgraded Greece 's government bond rating, predicting a gradual decline of its massive national debt. The agency is...

Canadian DBRS Upgrades Greece's Credit Rating to "B"

The Canadian credit rating agency DBRS upgraded Greece's long-term credit rating to "B" from "CCC," while also upgrading the country's rating outlook to "stable"...

Greek Citizens Among Most Taxed in EU Despite Greece's Low Revenues

According to a European Commission report published on Monday, Greek citizens are amongst the most overtaxed EU citizens, ranking eighth among the 28 EU...

German Economists Say Greece's Full Market Return Improbable

Greece's full return to international market is highly improbable, according to a report submitted by economists to the German Ministry of Economics and Technology. As reported,...

Born In Debt: Greece's History of Borrowing

“From the beginning, our state had no other choice than to live on credit. We were born in debt.” - Gerassimos Notaras, head archivist, historical...

Eurostat: Greece's Debt Increased

Despite the recession and the austerity measures, the Greek public debt increased in the third quarter of 2013, with a 19.5% total increase in...

Greece's Debt Isn't Solved

A progress report on the new EU mechanisms set up for “supervision and solidarity” in the post bailout program era, addresses the tight fiscal...

Greece's Shrinking Economy Could Aid Anti-Austerity Parties

ATHENS – Despite more than two years of record cost-cutting, including slashes in salaries and pensions in addition to record tax hikes demanded by...

Romano Prodi: 'France and Germany Knew About Greece's Tampered Data'

Former European Commission President and ex-Italian Prime Minister Romano Prodi has called for a growth policy in Europe, during a conference that took place...

S&P Raises Greece's Rating Out of Default

Standard & Poor's raised Greece's credit rating out of default territory on Wednesday, as expected after Athens slashed its debt by about a third...