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Greece΄s Recession To Enter Fourth Year-Finance Minister

Greece can expect a fourth year of recession, the country΄s finance minister said Thursday, even as he defended fresh austerity measures against criticism from...

Greece Stops Paying Bills

Strapped for cash and facing the prospect of being unable to pay workers without the next installment of rescue loans from international lenders, Greece...

Germany’s EU Commissioner Wants Greek Administrators Replaced

As Greek officials admitted the nearly-broke country will be out of cash to pay its workers in mid-October without the next round of scheduled...

Papandreou Pushes On With Austerity, Workers Face the Axe

THESSALONIKI – With Greece only weeks away from bankruptcy without a new instalment of international aid, and scores of thousands of demonstrators on the...

Frustrated Citizens back at Constitution Square Today at 19:00

With Greece still  teetering on the brink of bankruptcy and with  the package of spending cuts, tax increases and privatisations rolling, Greek frustrated citizens plan their next...

Greek Government’s Plan B

Greek government examines major cuts in salaries and job dismissals in public sector to restrain the state deficit. Only two week before the arrival of...

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...