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Bad News for Banks: Greece May Not Pay Them
As Greece daily steps closer to defaulting on its loans, Finance Minister Evangelos Venizelos has[...]
Back to the Drach? Papandreou May Let Voters Decide
ATHENS – As pressure builds on Greece to default, Prime Minister George Papandreou is reportedly mulling a referendum to let the people decide whether...
Greece Should Default, Leave Eurozone, Roubini Writes in FT
Greece should begin an orderly default and leave the Eurozone, in order to break a “vicious cycle of insolvency, low competitiveness and ever deepening...
Olli Rehn: "The Ball in Now in the Greek Court"
Greece’s latest package of austerity measures goes “a long way” toward meeting its 2011 deficit target, European Union Economic and Monetary Affairs Commissioner Olli...
Inflation Eases to 1.4% in August
Greece's inflation rate dropped for a second month in August as retailers slashed prices during the summer sales season.
The annual rate calculated using European...
George Demos: "Governor Cuomo Must Fire the Man Blocking 9/11 Church Rebuilding"
George Demos, the Greek-American Conservative Republican candidate for Congress for New York's First District, today called on Governor Cuomo to end the Port Authority's...
Greece Drops in Popularity Among Gay Tourists
Gay tourism seems to be losing ground in Greece. According to Bloomberg, gay tourism used to make a turnover of $ 140 billion a year...
Wall Street Plunges! Another Great Opportunity for Investors!
*By Michael Norman
When market swoons cause good companies to tumble investors are given a wonderful gift. Huge discounts of up to 20%, 30% or...
John Thomas Financial Chief Economist Mike Norman Talks Debt Ceiling; Says Comparisons to Greece Are Inapplicable
According to Tim Geithner, the United States will hit a wall on August 2 that will prevent the government from making obligatory payments. After...
Greek Journalists Attended Stephen Harper’s Reception
The Prime Minister of Canada, Mr. Stephen Harper gave a reception in honor of representatives of the media, in the garden of the Prime Minister's residence in Ottawa on Sussex Street 24, on Saturday. Numerous journalists and presenters of the Canadian media attended the event...