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Samaras Ready to Bargain with The Troika
ATHENS – With inspectors from international lenders due on July 5, new Greek Prime Minister Antonis Samaras will reportedly try to convince them to...
Samaras Sets the Tone with Troika Coming to Town
ATHENS – Moments after his Cabinet, stocked heavily with members from his own New Democracy party, was sworn in, Greece’s new Prime Minister Antonis...
Moody's: Greek Eurozone Exit Could Kill the Euro
ATHENS - Joining a growing chorus of critics who say that a Greek exit from the Eurozone would be a disaster for the country,...
Greece Running Out of Money as Tax Collections Wane
ATHENS – The combination of political uncertainty and the fear that Greece will be forced out of the Eurozone and return to the drachma...
Insurers Halting Coverage on Exports to Greece Cuts Deep
ATHENS – The decision by two of the world’s biggest trade credit insurers to halt coverage for companies importing products and goods to Greece...
Coalition Hopes Fade, New Elections Seem Likely
ATHENS – With Europe and world markets watching anxiously, Greece’s hopes of forming a coalition government were deadlocked in debate over whether to stick...
EU Says it Can Help Greece Return to Growth, But It Comes With a Price
European Commission President Jose Manuel Barroso told the European Parliament in Strasbourg on April 18 that Greece could return to growth if it sticks...
As Election Gridlock Looms, Dimas Floated as Compromise Premier
ATHENS – With his party’s lead in upcoming elections shrinking, New Democracy leader Antonis Samaras may not be able to get the title he...
Three European Companies Set On Buying Greece's Railway Business, Reuters Reports
According to a recent exclusive article in Reuters, three European railway companies - Russian, Romanian and French - are interested in buying all or...
The Number of Public Workers in Greece Declines, says Census
ATHENS – It doesn’t include untold thousands in state-run enterprises, but the second census of Greek workers in two years has found there are...