EAS

While Greece's international lenders are insisting on the sell-off of the country's troubled and notoriously inefficient defense manufacturers, the government is still hoping to salvage control over at least parts of it. The state of the companies - EAS,...

Greek Prime Minister, Antonis Samaras, along with the government Vice President and PASOK president, Evangelos Venizelos, denied the new measures and confirmed the fact that they will take into account the reforms, privatization and structural changes. According to PASOK sources,...

Employees of the mining and metallurgical company LARKO and the administrative staff of the Universities held simultaneous rallies and protests against the government plans concerning the closure of Greece’s defense industries LARKO, EAS and ELVO and against the plans...

Greece's proposal to overhaul three state-owned companies, Hellenic Defense Systems (EAS), mining company Larco and the Hellenic Vehicle Industry (ELVO) instead of privatizing or closing them has been rejected by the debt-stricken country's partners and creditors. The Troika of the...

Greek Prime Minister and New Democracy Conservative leader Antonis Samaras and his Deputy PM/Foreign Minister,  PASOK Socialist leader Evangelos Venizelos, said after a meeting that they would prefer a diplomatic solution to Syria's ongoing civil war instead of a...

With Greece's international lenders looking over his shoulder and pressing him to meet fiscal targets or face a cutoff in funding, Prime Minister Antonis Samaras told key cabinet members in the two-party coalition to speed up structural reforms in...

The Greek government will undertake the radical restructuring of troubled state companies, Greek Defense Systems (EAS), Greek Vehicle Industry (ELVO) and mining and metallurgical company LARKO and in this context the government has announced that it has decided to...

Desperate for cash, Greece is reportedly going to get an offer from Qatar to take over troubled Greek defense companies as part of a long-delayed massive privatization that could see the sell-off of major industries and assets. Qatar’s interest in...