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Moody's slashes Greek rating, may cut further
Moody's Investors Service on Monday slashed its Greek credit ratings by three notches from Ba1 to B1 and warned that they could be downgraded...
German Tax Regulation Brings Confusion to Retired Greeks
A new German regulation has brought confusion to all retired Greeks who used to previously work in Germany. The regulation regards the retroactive taxation...
Greek Commissioner Defies EU Model of Austerity
Maria Damanaki, the commissioner for maritime affairs, publicly distanced herself from European Commission policies that she says could lead to "social degradation" and called...
IMF: Greece to Continue with Sizable Consolidation
The International Monetary Fund said in a statement that Greece’s progress in implementing its consolidation plan has been significant.
The Fund stated on Thursday that...
OPAP Agents Plan 2 Day Strike Opposing Greek Tax Policies
Greek betting company OPAP's sales agents will go on strike on Friday and Saturday, their union said. They are threatening further labour action unless the...
Regulatory Authority for Energy Approved Tariff Increases
Greek electricity utility Public Power Corp SA (PPC.AT) said Tuesday that the local Regulatory Authority for Energy, or RAE, has approved its proposed tariff...
IMF Says Greek Program Doing Well, Approves New Loan Payment – Interview with Poul Thomsen
The International Monetary Fund Friday approved release of around EUR2.5 billion for the Greek bailout after the country passed its third program review.
But the...
Government Proceeds with Privatization Program
Starting today, Greek government proceeds with the implementation of its privatization program regarding the sale of government stakes in banks, as well as of...
Budget: Greece Gets Ready For More Austerity in 2011
Greek government Thursday tabled in the nation’s parliament its 2011 Budget that “continues agressive fiscal consolidation effort,” the Ministry of Finance said.
The aim is...
Tourism Ministry's New Promotional Program: "Athens Every Week"
The Culture and Tourism Ministry plans to turn the world’s attention to Athens through a new promotional program called: “Athens Every Week”.
The presentation of...


