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"Clarity" on Greece's Debt Still Not that Clear: The Economist Conference (Videos)

Representatives of the Greek government, the Institutions and private investors all agreed that clarity is essential for Greece's economic recovery; however the term seems to be having different meanings according to who is using it. The only thing that's clear...

Delia Velculescu: IMF Wants Greek Debt Sustainability, Μeasures Aren't Enough

International Monetary Fund (IMF) representative Delia Velculescu said that Greek debt is not sustainable, during her address at the Economist Conference in Athens. "Greece needs substantial debt relief," she said, adding that the IMF is participating in discussions and...

Main Opposition Lashes Out at Greek PM Tsipras

Greece's main opposition New Democracy party on Saturday lashed out at Greek Prime Minister Alexis Tsipras after his speech at a conference organized by the Economist. The main opposition accused the Greek Prime Minister of "lying" for Greece's economic situation when...

Greece Named Worst Country for Investments in Europe

A report with the countries which investors should and should not avoid was released earlier today by World Bank, leaving the Greek side with a sense of discomfiture, as the country was named as the worst for investments in...

85% of Economists Say Samaras is Wrong to Demand Early Exit From Memorandum

Antonis Samaras’s plan for Greece to exit its bailout early is crumbling in the face of a vast market unravelling this week. Economists, meanwhile, are in near-unanimous agreement that the Prime Minister's exit strategy is largely to blame. Eighty-five percent of respondents...

Two Out of Three Greeks Commits Tax Evasion

Even in the current climate of economic reform overtaking Athens, tax evasion rates remain startlingly high in Greece, with an estimated one in four economic transactions going unrecorded. In fact, a recent report conducted by Stephen Hall, an adviser to...

Economist: The Greek Government Reshuffle and Early Elections

The Economist magazine published an article today, June 13, commenting on the Greek Prime Minister’s actions and the recent Greek government reshuffle, concluding that Antonis Samaras decided to put his best players in key cabinet member positions, in order to...

Economist: Crisis Put an End to "Eternal Student" Phenomenon

It appears that the crisis has changed the attitude of Greek students towards their studies. In the past years they weren't hurrying to complete their studies but nowadays they desperately get back to universities. The financial magazine "Economist," referred to the...

Venizelos, Kouvelis ERT Showdown With Samaras

Prime Minister and New Democracy Conservative leader Antonis Samaras has set a June 18 meeting with his coalition partners, PASOK Socialist leader Evangelos Venizelos and Democratic Left (DIMAR) head Fotis Kouvelis, who are demanding he withdraw a decree that...

Greece Dares to Hope

The Economist published one more article about Greece on May 4. This article, on a somewhat different wavelength, had the title Greek economy: Daring to hope, fearing to fail, and focused on the prevalent situation in Greece, the hopes...