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Greek Budget Report: Economic Recovery Not Visible Yet

Greek Parliament's quarterly report points to growth prospects to follow the completion of the first review and "additional bailout." The report states that development will come if the reforms are adopted, but there are still dangers lurking. The report stresses...

Eurostat: Return to Recovery in the Second half of 2016 and Higher Than Expected Growth Rates

Government officials expressed their content over Eurostat's second bunch of economic figures on the Greek economy in a meeting chaired by Prime Minister Alexis Tsipras on Tuesday. Eurostat's data confirmed the estimates of the Greek government for return to recovery...

European Parliament Approves €35 Billion in Funding for Greece

  The European Parliament on Tuesday approved a set of one-off measures aimed at boosting the effective spending of 35 billion euros earmarked for Greece in the EU 2014-2020 budget. The funds include 20 billion euros from the European structural and...

The Points Where Greece and Creditors Disagree or Converge

The Greek government made public the outline of the proposal to international creditors, including some concessions, with the belief that it is a realistic plan that would solve the debt problem and lead to economic growth. The eight points of...

U.S. President Obama in Support of Greece, Suggests No More Austerity [Video]

In an interview with the American TV Network CNN earlier today, U.S. President, Barack Obama, underlined that austerity can no longer be imposed on people. In what is seen as a powerful appeal to European leaders and in direct support of...

PM Samaras: Juncker's Investment Package Marks EU Turning to Growth

The EU Summit was particularly important for the European Union’s orientation to a growth direction, according to Greek Prime Minister Antonis Samaras. The Premier agreed on speeding up the process for making use of EU Commission chief Jean-Claude Juncker's 315-billion-euro...

Greek Govt VP and German FinMin: Political Stability Is Key for Greek Economy

To the reforms and the progress Greece has made during all this time, referred the German Finance Minister, Wolfgang Schaeuble, after his meeting with Greek government Vice President and Foreign Minister Evangelos Venizelos, earlier this afternoon in Berlin. "Greece has gone...

Greece's Fastest Growing Companies

A study conducted by Infobank Hellastat S.A. lists the 15 Greek companies with the highest growth rate between 2009 and 2012. According to the study, the success of the companies has been attributed to high export and import activity, continuous...

2012 Global Summit of Women to be Held in Athens

More than 1,000 women leaders in business, government and civil society will be meeting in Athens between May 31 and June 2nd within the framework of the 22nd Global Summit of Women 2012. The "Global Summit of Women, Athens 2012"...