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IMF: Major Reforms Still Needed For Greece
International Monetary Fund said on Wednesday that a medium-term budget strategy paper, which will set annual spending ceilings for individual line ministries and fiscal...
Six years jail for Greek fake ‘lord’
A Melbourne conman who claimed to be a high flying investment banker will spend at least six years in jail.
Greek George Bavelos from Campbellfield,...
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...
Greek con man scams mother and daughter out of $1.1million
A Greek Australian man who conned a girlfriend and her mother out of their $1.14 million life savings was described as "callous and predatory"...
Papandreou In Search of International Investors
George Papanreou is undergoing efforts concerning the investment deficiency and money shortage. A line of trips are being planned to China, Japan,...
Bloomberg: Greek Debt Repayment Depends on Real Estate Sales
Greece’s debt repayment depends on state-owned real estate sales, according to a Bloomberg report.
“When the Greek government swapped land with a Byzantine monastery on...
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...
Ex-Prime Minister Denies Involvevment To Nation's Corruption
Former Greek Prime Minister Costas Simitis (photo) on Sunday dismissed as "nonsense" suggestions that he had been warned about the country's dire financial troubles...
Premier Wen States China Will Support Greece
China assured Greece it will buy Greek government bonds when the debt-laden country returns to markets, a senior Greek governemnt official told Reuters during...
Papandreou Addresses Greece: "It Can Be Done"
Greek Prime Minister George Papandreou on Saturday sent a message of collective effort, collective responsibility and decisions for reforming the country. Papandreou offered a...


