Barroso
Economy
Papandreou Meeting EU's Barroso In Brussels Saturday Evening -PM Office
Prime Minister George Papandreou is scheduled to meet European Commission President Jose Manuel Barroso later Saturday ahead of an E.U. leaders summit Sunday, a spokesman from his office in Athens said.
European finance ministers and leaders are holding a series...
Cyprus
Nobel Winner Pissarides Says No Default, But Big Haircut
As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher Pissarides has joined the bandwagon of analysts who say the so-called “haircut” could be a...
Economy
Barroso: Greece Must Reduce Debts If It Is To Succeed
Greece needs to reduce its debts if it is going to come through the economic crisis, European Commission President Jose Manuel Barroso said Thursday.
"If Greece is going to have success... it΄s better to reduce the debt than anything else,"...
Economy
Barroso: Greece Will Remain A Member Of Euro Area
Greece is and will continue to be part of the euro zone, which needs more integration and discipline to boost its credibility, the European Commission President Jose Manuel Barroso said Wednesday.
"For the euro area to be credible, we need...
Economy
Greek Crisis Threatens Eurozone Survival
ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots over government-imposed pay cuts, tax hikes and slashed pensions to satisfy international lenders putting up...