WSJ
Economy
Reports of €3 Billion in Contingency Measures by the IMF
Greek Finance Minister Euclid Tsakalotos and IMF Managing Director Christine Lagarde discussed on Saturday night the creditors' proposal which illustrates contingency-measures that Athens will have to adopt in case it does not make its fiscal goals, as presented at...
Economy
Foreign Media: 'Things Will Get Even Harder for Greece'
The Greek reforms list received the green light from the Eurozone finance ministers on Tuesday, February 24, but according to foreign media the situation will only get harder for Greece now that the country is required to implement its...
Greece
International Media Praises New Greek Finance Minister
On Monday, June 9, Greek Prime Minister Antonis Samaras announced the changes he made to his Cabinet. A major change that has been discussed in both Greek and foreign media is the appointment of Gikas Hardouvelis, as Finance Minister.
According...
Greece
China Magnet for Greek Shipping Magnates
According to the Wall Street Journal, Greek shipowners, are more and more moving their financing and ship orders to China, given the cheap credit and lower shipyard costs there.
As stated in the article, Greek shippers operate 16% of the...
Economy
WSJ, NYT on Greek Bailout
After successive reports from Brussels and the International Monetary Fund (IMF) about the course of Greece’s rescue program, the newspapers Wall Street Journal, New York Times and Financial Times came to publish articles against the program that the Troika...
Economy
WSJ: IMF to Admit Big Fat Greek Bailout Blunders
Talk about a mea culpa. The International Monetary Fund is set to admit that it has made a number of big mistakes over the last three years in its handling of the bailout of Greece, which has been the...
Greece
Fakelaki, Rousfeti and the 4-4-2 System
While the Greek Finance Minister Evangelos Venizelos appears to be shocked with Mr Diomidis Spinellis' declaration that Greek tax officers, play the 4-4-2 football system a.k.a tax evader gets a discount of 40 per cent on the agreed fine-...