Greece

This week's Eurozone agreement to remit 50% of the massive Greek state debt is "an absolutely unique and exceptional measure," stated EC President Jose Manuel Barroso. In an interview for Portugese paper Expresso, the European Commission chief said that this...

The European Commission has issued the government in Athens today issued the government an ultimatum, saying that it must adjust a series of regulations that do not conform with EU rules, ranging from public administration to the award of...

According to Reuters, the harsh austerity measures imposed by the German mechanisms on the Greek people have revived historical enmities and many Greeks are beginning to compare the current circumstances to the Nazi Occupation of Greece during World War...

Greece risks having to pay a high fine for failing to completely implement the directive on domestic market services, which dates back to 2006. The European Commission has decided, for the first time, to take three countries who still...

During a meeting with the first Deputy President of Greece's New Democracy Party Dimitris Avramopoulos, China's top political advisor Jia Qinglin stated on Tuesday that China encourages its enterprises to invest in Greece, and is ready to strengthen cooperation...

Adedy, one of Greece's major trade unions gathering employees in the state sector is organizing further protests against the austerity measures adopted by Giorgios Papandreou's government. The protests are due to take place in the first ten days of November....

Eve Geroulis, a Greek-American educator and marketing strategist spoke at the TedxAcademy event in Athens with the slogan “Step Forward”.  Geroulis' speech stressed the themes of hope and imagination, how both are interconnected and how they can make us conquer fear -especially...

Azerbaijan`s Minister of Industry and Energy Natig Aliyev met on Monday Greek Minister for Environment, Energy and Climate Change George Papaconstantinou. The discussions focused on cooperation between the two countries in the energy sphere. The Greek Minister said his country was...

Chinese executives arrived on Sunday in Athens to strengthen the economic cooperation between Greece and China. Besides the Memorandum of Understanding, the large business delegation led by president of Chinese parliament Jia Qinglin and Commerce Secretary Zhong Shan would...

Bundesbank President Jens Weidmann said a haircut for Greece would not resolve the country's debt problems and could in fact be "dangerous" if it led to a relaxation in debt-cutting efforts. "A haircut is not an cure-all," Weidmann told Sunday's...