Stournaras
Economy
Tsipras Tells Stournaras: "You're Not a Colonel"
Using fiery rhetoric to draw an analogy to the military rule of the 1967-74 junta, major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras blamed Finance Minister Yannis Stournaras for being behind the decision to shut...
Economy
Samaras OK's Temporary ERT Broadcast
Hounded by howls of protests within Greece and Europe over the closing of the national broadcaster ERT to meet demands by international lenders to start firing public servants, Prime Minister Antonis Samaras has reportedly agreed to let information programs...
Economy
Greece Gets 3.3B Euro Loan OK
While attention in Greece is locked squarely on the shutdown of the national broadcaster ERT and the crisis it has provoked with the coalition government, the country's international lenders privately approved release of a pending loan installment of 3.3...
Economy
Troika Back In Athens, Firings Seen Next
Inspectors from international lenders are due back in Athens on June 4 to check Greece’s books again in the ongoing progress of reviewing the pace of reforms, and the focus will reportedly be on the stalled issue of firing...
Economy
Stournaras Disputes OECD forecast
Greek Finance Minister said the Paris-based Organisation for Economic Cooperation and Development (OECD) was wrong in a report which predicted the country's recession would cointinue for a seventh year in 2014.
The OECD report released on May 29 forecast that...
Celebrities
Onassis' Will Clouds Skorpios' Sale
The sale of the late tycoon Aristotle Onassis' private island of Skorpios by his granddaughter Athina to Russian billionaire Dmitry Rybolovlev, who reportedly bought it for his daughter Ekaterina, will be reviewed by the Greek Council of State to...
Economy
Economist Says Greece Doing OK
What a difference a year makes, especially for Greece. That's how the financial magazine The Economist has characterized the country's slow recovery, although with caution that it came at a heavy social price in joblessness and human misery.
Greece has...
Greece
French Say Lagarde List Tax Collector
Disputing former Greek finance minister George Papaconstantinou's assertion that a list of 2,062 Greeks with $1.95 billion in secret Swiss bank accounts he received in 2010 from then French finance chief Christine Lagarde was "unofficial and confidential," French authorities...
Business
Greeces Hopes OPAP Sale Speeds Privatizations
Greece Prime Minister Antonis Samaras said the sale of gambling monopoly OPAP shows that Greece is serious about making reforms as a condition of rescue aid. The deal, which will give Czech-Greek consortium Emma Delta a 33 percent stake...
Cyprus
EU OK's $9.72B In Greek Loans
Greece got better news than expected when a meeting of Eurozone finance officials reportedly agreed to approve the release of two loan installments totaling 7.5 billion euros, some $9.72 billion, sources told the newspaper Kathimerini. Finance Minister Yiannis Stournaras...


