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New U.S. Ambassador to Greece Smith Holds 1st Press Briefing

New U.S. Ambassador to Greece Daniel Bennett Smith on Thursday held his first press briefing for local reporters.  He responded to a variety of questions...

Professor Nouriel Roubini: Only Solution for Greece's Economy is Leaving the Eurozone

Nouriel Roubini, professor of economics at New York University and consultant at the U.S. Congress, estimated that the only solution for the restoration of...

Hellenic Statistical Authority Reports Decline in Building Activity

Building activity dropped 29.1% in volume in July this year, with a 24.8% decline in the January-July period, substantially contributing to an economic recession...

National Bank of Greece States Nation Will Not Default

A top official with The National Bank of Greece on Wednesday expressed confidence in the country's economic future saying Greece will not default. "We strongly...

Government Workers Union Announces Non Attendance at Thessaloniki International Fair

The Civil Servants' umbrella federation ADEDY announced on Friday that it will not attend the opening address of the Thessaloniki International Fair this year...

Tourism’s great battle

It is both agonizing and exciting to see the Greek tourism sector battling to survive at this time. On the one hand, it is...

FinMin: Econ program progressing well

Finance minister George Papaconstantinou said on Friday that the second and third tranches of the EU-IMF support mechanism loans for the Greek economy are...

Giannoulias Poll Shows Him Even with Kirk

A poll taken by Alexi Giannoulias' Democratic Illinois Senate campaign last week shows Giannoulias even with GOP rival Rep. Mark Kirk, making up for...