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Greece Gains From Africa Unrest

Thomas Cook Group’s head said that Greece and Spain are the two main beneficiaries of a shift by holidaymakers away from Northern Africa, according...

Foreign Minister Droutsas Travels to London

Greek Foreign Minister Dimitris Droutsas will be meeting the leadership of the British Foreign Office and the Labour Party’s new leader Ed Miliband during...

Fitch Expects Greek Real-Estate Prices To Decline By 15%

Fitch Ratings said that Greek real-estate prices are expected to decline 15% over the next two years as interest-rate increases make it harder for...

East Coast Braces for Another Huge Snow Storm

The first round of a two-part storm dropped snow across the northeastern U.S. Forecasters said the New York and Boston areas may be digging...

Fitch Ratings Claims Greece Must Access Markets by end of 2011

Fitch Ratings said on Friday that there is a continuing risk that euro-region nations will have their credit ratings downgraded, according to Bloomberg. David Riley,...

Goldman Sachs: Greek Bondholders Unlikely to Get Paid Back in Full

Goldman Sachs said that Greek bondholders are unlikely to get all their money back on schedule unless borrowing costs fall, according to Bloomberg. Andrew Wilson,...

Harvard University Professor Rogoff: Greece will Default

Harvard University professor Kenneth Rogoff insists on Greece’s default on its debts, despite the bailout programme from the European Union and the International Monetary...

St. Nicholas May Sue Port Authority for Right to Rebuild

The St. Nicholas Greek Orthodox Church that was destroyed on 9/11, may sue the New York Port Authority for the right to rebuild their house...

NYU Professor Roubini Claims Greece to Restructure Debt or Return to Drachma

Greece will have to restructure its debt or leave Europe’s monetary union, New York University Professor Nouriel Roubini told Boerse-Online, reported Bloomberg. Greece’s debt is...