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Papandreou: Greece Will Deliver On All Its Pledges

Prime Minister George Papandreou said he can "guarantee" that Greece will deliver on all the austerity pledges made for its first EUR110 billion rescue program, and reaffirmed that the country will reach[...]

6000 Teachers Retire, 600 Are Appointed this School Year

According to an article of the Greek newspaper “Ta Nea”, Minister of Education Anna Diamantopoulou announced that for this school year, only 600...

Reuters: Greek Debt Restructuring isn't Expected Soon

Reuters claims that Athens is not expected to ask for debt restructuring any time soon, according to an analysis. Greece will never be able to repay...

Budget gets mixed reviews

Greek-Australian business will face a "big hole" as a result of the Federal Budget if the world economy continues to slow down. Hellenic Australian Chamber...