Kostopoulos
Business
Samaras Tells Banks To Start Lending
With the Greek government moving to recapitalize and stabilize banks, Prime Minister Antonis Samaras told the heads of the four biggest financial institutions that they should start lending against to to help ease the shortage of liquidity and boost...
Europe
Ceremony for Greek WWI Victims in Serbia
The annual ceremony honoring the memories of the Greek victims of World War I in Serbia was held at the military cemetery of Pirot, southeastern Serbia. The ceremony was organized by the defence attaché of the Greek Embassy to...
Economy
Ailing Greek Banks Will Get A Bailout Too – $62.8 Billion
ATHENS – Awaiting $172 billion in a second bailout to save its economy, Greece will also get more than $62.8 billion in loans from the European Financial Stability Facility (EFSF) to recapitalize its banks, which will take $39.25 billion...