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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...

Greece Against Possible Suspension of EU Voting Rights

Greek Prime Minister George Papandreou on Friday spoke out strongly against Germany's idea of sanctions against serial budget sinners, saying it would trigger a...

Federation of Greek Gas Stations Owners Against Refund of Special Consumption Tax

The Federation of Greek Gas Station Owners is against the Ministry of Finance's decision to refund the "Special Consumption Tax on Heating Oil".  According...

WIND Hellas Mobile Co. Sells Out to Creditors

Greek mobile operator WIND Hellas will be acquired by a consortium of its major bondholders in a deal that will see its EUR1.87 billion debt...

EU Economic Affairs Commissioner Rehn's Statements on Greece

Greece may be required to make additional austerity cuts in order to meet 2011 budget deficit reduction targets, the EU's Economic Affairs Commissioner Olli...

Greece seeking Ottoman hoard!

A Greek-Australian treasure hunter Vangelis Dimas, has begun a search in the mountains of central Greece,  near the village of Vassiliki, 352km northwest of...

Deal to sell shipyards may sink

A major deal for the United Arab Emirates-based Abu Dhabi MAR Group to buy Hellenic Shipyards (HSY), also known as Skaramanga, appeared to be...

Greek Real Estate Scandal Investigation

More than 20 lawyers, judges and other judicial employees are under investigation by the Greek police in relation to a real estate company scandal and suspicious...

OSE Railways Announces Wed. & Th. Strike

Greek railway OSE employees have announced repeated work strikes to be launched on Wednesday.  This act is in protest to the measures promoted by the government...