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Troika Officials Resume Discussions in Athens

Troika junior officials arrive in Athens on Monday to record the execution course of the Memorandum in the third quarter in 2010. Talks with...

Papandreou Intervenes at Minister Council Meeting

PM Papandreou put an end to reshuffle talks with an intervention during the Ministers Council's informal meeting on Tuesday. Reports say that Papandreou said...

Greek Economy May Shrink More Than 4.5% in 2010

The Greek economy is expected to contract more than 4.5% of GDP in the second half of the year, according to provisional estimates by...

IMF Expert State Greece Could Exit Crisis by 2013

According to an International Monetary Fund economist, Greece could exit its financial crisis by 2013. Poul Thomsen told the newspaper "To Vima" that Greece should strengthen its...

Truck Strikers Elect to End Strike

Greek truck owners yesterday voted to end the strike which has starved the country of fuel and greatly threatened tourist enterprises, hoping to make up...

'Banks will pass stress tests'

Greek Finance Minister George Papaconstantinou on Monday appeared confident that Greek banks will be able to pass upcoming stress tests successfully and said that...

Greece and Romania are Europe’s leaders in VAT hikes

Greece and Romania are Europe’s leaders in VAT hikes between 2000 and 2010, Eleftherotypia daily writes. According to the economic adviser of Romanian Prime Minister...

Greek gaming machines stage comeback amid economic crisis‎

Cash strapped Greece announced Tuesday it intends to remove ban on gaming machines to raise revenue, Reuters reported. “The regulative framework will soon be presented...

First Crucial Test for Greece’s Economy

Greece is to face the first crucial test after the signing of the memorandum as EU, EUC and IMF fiscal experts arrive in Athens...

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...