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Minister of Finance Kikis Kazamias said the abolition of the pension fund for civil servants and semi-governmental employees, provided for in the package of...

Fitch Ratings announced on Wednesday that it has downgraded Cyprus’s credit outlook to “BBB” from “A-“, negative outlook. Specifically, Fitch has downgraded the Republic of...

The Organisation for Economic Co-operation and Development (OECD) believes that the additional money to be given and the Greek debt restructuring agreed upon recently by...

With help from its EU partners and fresh determination, Greece will regain its fiscal sovereignty as soon as possible and aims to return to...

Fitch Rating Agency downgraded on Tuesday Cyprus` rating by three notches, citing exposure to Greek sovereign debt, while warning that it could downgrade the...

Greek Prime Minister George Papandreou stressed in Paris on Wednesday that: "It is Greece's responsibility to solve its crisis".  He added, "Greece is not...

Greece΄s reform program remains largely on track, International Monetary Fund official Poul Thomsen said in a conference in Athens on Wednesday, but called on...

Representatives of  ''Troika'' (the International Monetary Fund, the European Union and the Central European Bank) are today beginning a series of talks with Greek...

Greek 10-year bond yields fell to a new record low on Tuesday, while the spread between the Greek bond and the Greek benchmark bonds...

Eurostat announced on Tuesday that the deficit of the General Government for 2010, is estimated at €24.2b (10.5% of Gross Domestic Product), while the...