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Greeks Furious Over Eurogroup President Comments On Nation's Corruption
During a recent address in Washington, the spokesman for Eurogroup President and Luxembourg Prime Minister Jean-Claude Juncker on Monday clarified that: "A few years...
Papandreou Will Take All & Any Measures to Improve Greece
The alert is not over and the effort for the country's salvation is continuing, stated Prime Minister George Papandreou on Thursday. He added that:...
Prime Minister Meets with Leading Delegates Concerning Finance
Prime Minister Papandreou's meeting with Finance Minister Papantoniou and the Governor of the Bank of Greece Provopoulos centered on the state budget, deviation in...
EU Says Will Not Ask Greece For Additional Measures
The European Commission Monday denied rumors that Commissioner Olli Rehn will come to Greece in the end of July to ask for additional measures.
“I...
Russia sees Greek debt “restructuring"
According to AFP, Alexei Kudrin (photo), Russia's finance minister Saturday said he expected Greece to require a restructuring of its debt by creditors. He...
EU Denies Pensions Cut to Half
The EU denies having asked the Government to cut pensions to half and attributes rumours to Press misunderstanding. In a letter to newspaper "To...
Carney: Greece’s debt woes could threaten Canada
The ongoing debt woes in Greece could threaten the economic recovery of Canada and the world if the implications of the crisis are not...
Euro-Zone Nations Offer $40 Billion to Greece
Greece's European partners say they are offering Greece euro30 billion ($40 billion) in loans this year to help ease its debt crisis.
Olli Rehn, the...
Papaconstantinou: IMF Did Not Demand Debt Relief
In a statement issued on Tuesday, former Greek finance minister Giorgos Papakonstantinou denied that former IMF chief Dominique Strauss-Kahn ever insisted on restructuring Greek debt as part...