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Greek PM Sends Letter To Eurogroup President

“Crunch time has arrived” said Greek PM George Papandreou in a letter sent last night to the President of the Eurogroup Jean-Claude Juncker, adding...

IMF Rewards Greece for its Debt-Reduction Efforts

The IMF's board gave the Greek government's austerity measures the thumbs up by releasing the latest tranche of its first bailout. Its new managing...

Premier Asks Ministers to Hurry

Speeding up the implementation of the Medium Term Economic Programme and absolute respect for the scheduled time table: Greek Premier George Papandreou yesterday asked...

Athens Exchange to Support Small & Medium Enterprises

130 small and medium-sized companies responded to the invitation by the Athens Stock Exchange administration and attended a gala about the alternative market. 50...

Diplomatic Battle For Aid Tranche And New Loan Rages

In the shadow of the vote of confidence next Tuesday, Brussels anticipate the newly appointed Greek Finance Minister Evangelos Venizelos at Eurogroup meeting on...

Papandreou Claims Greece Doesn't Need More Loans to Survive

"Our aim is the continuous decrease of the deficits" stressed Prime Minister George Papandreou on Friday, in parliament during the "Hour of the Prime...

Greece Deeper Into Junk Territory as Moody's Cuts Again

Credit rating agency Moody's last night slashed its credit rating on debt-stricken Greece to Caa1 from B1, assigning it a 'Negative' outlook which means...