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To Fight Deficit Greek Retirement Age Must Rise To 82

New cuts in pensions are being projected for 2012, since insurance funds are facing a tremendous deficit of 4.5 billion Euros for 2011. Labour Minister...

Greek Budget Deficit Up in Jan-Oct

Greece's state budget deficit totaled 20.104 billion euros in the January-October period, down from a revised budget target of 20.362 billion euros, but up...

Greek 2010 Budget Deficit Revised Up to 10.6 pct of GDP

Greece's general government deficit for 2010 exceeded earlier estimates marginally, latest data from the Hellenic Statistical Authority showed Monday. The general government deficit was EUR...

Greek Finance Minister; 2009 Deficit Above 15%

Greece's 2009 budget deficit will be more than 15% of GDP after revision. This was announced today by Greek Finance Minister Giorgio Papaconstantinou, quoted...

Greek Trade Deficit Shrank 8% in 1st Half of 2010

Greece's trade deficit shrank by 8% in the first half of 2010, compared with the same period last year.  Eurostat announced the statistic on Thursday. The...

Greek state deficit reduced significantly

The state budget deficit fell 39.7 percent during the period January-July 2010 in comparison with the same period in 2009, vis-à-vis a stated...

Greek Trade deficit slightly down

Greece's trade deficit totaled 8.9 billion euros in April 2010, down 700 million euros compared with the same month last year, Eurostat said on...