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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...
Eurozone Approves Greek Loan Installment
Eurozone ministers have approved the release of urgent aid to help Greece avoid an immediate default on its debt. And a new bailout for...
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...
Ruling Party Lawmakers Attack New Greek Bailout
The Greek government failed on Tuesday to persuade doubters in the ruling Socialist party to back a new bailout deal with the EU and...
Juncker: Expects New Aid Package For Greece By End Of June
Greece is likely to receive a new financial aid package by the end of June, as long as it can demonstrate its ability to...
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...


