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Greek Jobless Rate Hits Record 22.6%; Women, Youth, Hurt Most
ATHENS – Pro-austerity parties got bad news on June 14th, three days before the critical elections that could determine whether parties opposed to pay...
Nobel Prize Winning Economist Joseph Stiglitz: “Austerity Policy Is Ineffective”
Nobel Prize Winning economist and Professor at Columbia University Joseph Stiglitz criticizes the anti-crisis policy of the European leaders, in an interview with the...
The Number of Public Workers in Greece Declines, says Census
ATHENS – It doesn’t include untold thousands in state-run enterprises, but the second census of Greek workers in two years has found there are...
Greek PM Tells Ministers: Stop Campaigning, Start Working
ATHENS – With elections looming on May 6, interim Prime Minister Lucas Papademos’ shaky hybrid government of PASOK Socialists and their bitter rival New...
Greek Private Sector Salaries Now Being Cut Too
ATHENS – Less than two months after Greece’s hybrid government agreed to cut pensions and the minimum wage to satisfy international lenders and avert...
Rehn Warned Against the Failure of a Deal for Greece
European Economic Affairs Commissioner Olli Rehn warned against the failure of an aid deal for Greece, according to German newspaper Sueddeutsche Zeitung΄s Friday edition.
In...
Weidmann Not Ruling Out Greek Haircut
A haircut, or loss, on Greek debt "can΄t be excluded," European Central Bank Governing Council member Jens Weidmann tells Germany΄s mass circulation newspaper Bild...
FT: "Τhe EU has lost faith in Greece…"
What Süddeutsche Zeitung calls "the subject that is discussed in whispers at the EU" — the likely restructuring of Greece’s sovereign debt —...
European economists Warn Greece May Have to Quit Euro
Greece's debts are rising rapidly despite radical austerity measures. Now a group of leading European economists has warned that creditors might have to write...
Archeologist Yannis Sakellarakis Passes at 74
Professor Yannis Sakellarakis was born in Athens in 1936. He studied at the University of Athens and studied for a PhD at Heidelberg University.
He was...


