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5 Losses Spinning Greece on a Downward Spiral

Austerity measures implemented in Greece as part of its long haul towards redemption have caused social and economic upheaval in the country. Regardless of...

Greece Is Champion of Non Performing Loans in Euro Zone

Greece is the euro zone champion in non performing loans, according to a study conducted by the International Monetary Fund. Bad loans in euro zone...

Greek Economy Minister Doesn't Rule Out Tax on Banking Transactions

Economy, Development and Tourism Minister Giorgos Stathakis didn’t rule out the possibility of imposing a tax on banking transactions as part of the government’s...

Finance Μinistry, Greek Banks Say they're Positive About Results of Recapitalization

Greece ’s finance ministry and the country’s main lenders expressed on Sunday their optimism about the outcome of the third bank recapitalization, following the...