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State Budget Deficit Widens 28% in First Six Months
A greater recession than expected has caused Greece’s central government deficit to widen by almost one third in the first half of 2011 already.
As...
Premier Asks Ministers to Hurry
Speeding up the implementation of the Medium Term Economic Programme and absolute respect for the scheduled time table: Greek Premier George Papandreou yesterday asked...
State Revenue Decreased In June 2011
Greece’s tax revenues in June were hit by the recession and the large tax refunds that caused the measure of receipts. According to Finance...
ND Leader Antonis Samaras Interviewed by Wall Street Journal
Main Opposition New Democracy (ND) leader, Antonis Samaras expressed his views on the plan to fix Greece's finances in an interview with The Wall...
Medium-Term Fiscal Strategy Programme's Law Passed
The law outlining the Medium-Term Fiscal Strategy Programme's implementation until 2015 was passed by members of Parliament's standing committee on economic affairs on Tuesday,...
UK Tory Members of Parliament – “Better for Greece to Default and Drop Out of the Euro”
Whilst financial experts warned Europe was heading towards a 'Lehman moment', referring to the collapse of the giant investment bank which plunged the world...
New Democracy Leader Samaras States Party Supports Beneficial Measures
Main opposition New Democracy (ND) leader Antonis Samaras reiterated that his party will back measures that are beneficial for the country, but will not support...
John Calamos Pilots His Own Jets and the Skies over the Global Marketplace
by Dimitri C. Michalakis/NEOmagazine.com
It all started for the convertible bond king at Pete’s Food Market on the West Side of Chicago. Between stocking shelves...
Ex-Minister: Greece Urged to Seek IMF Aid in 2004
In an interview published on Thursday, former Minister George Alogoskoufis said that former Prime Minister Costas Karamanlis and his government were fully aware of...
Canada welcomes largest number of immigrants in 50 years
Canada welcomed the largest number of immigrants in 50 years in 2010, according to Citizenship and Immigration Canada (CIC). This included applicants under the...