Greece Wants Germany To Pay For WWII

As Greek Prime Minister Antonis Samaras continues to enjoy good relations with German Chancellor Angela Merkel, whose country is footing much of the bill...

Banknote Circulation Falls to June 2012 Levels, Bank of Greece Report‏s

Banknote circulation has fallen to June 2012 levels following a massive cash withdrawal from bank deposits, a Bank of Greece (BoG) report said on Tuesday. The report...

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...

Chrysostomos Urges Russians To Stay In Cyprus

Ahead of a deal in which Cyprus’ government agreed to confiscate up to 30 percent or more of bank deposits over 100,000 euros, Archbishop...

Crisis Makes Greek Foreign Deposits Skyrocket

Greeks had more than 24.7 billion euros, about $32 billion, in foreign bank accounts as of September, 2012 compared to only 9.5 billion euros...

Panels Asks Charges For Papaconstantinou

A Greek Parliamentary committee investigating the handling of a list of 2,062 Greeks with $1.95 billion in secret Swiss bank accounts that has never...

BoG Governor: We Must Conclude a Mutually Beneficial Agreement with Partners

Bank of Greece (BoG) Governor and former Finance Minister Giannis Stournaras has warned the Greek government that a final agreement with the country's loan partners...

Cyprus Awaits Foreign Minister Venizelos

Greek Foreign Minister Evangelos Venizelos, who as finance minister in a previous Greek government imposed losses of 74 percent on investors and holders of...

Greek Βank Deposit Οutflows Eased in March

Greek bank deposit outflows showed a significant decrease in March, reducing fears regarding the country’s banking system that has suffered a shock by the...

Athens Stock Exchange Drops After 5-Week Shutdown

The Athens Stock Exchange (ASE) dropped by 23% on Monday, after a five-week shutdown due to capital controls. The Greek stock market opening was another step away from the...

Greece Has Not Asked Switzerland to Name Suspected Tax Evaders

Greece is not one of the countries that have asked Swiss authorities to release on the web the names of suspected tax evaders who...

Stournaras: Eurogroup Deal on May 24 Could See Lifting of Capital Controls

Bank of Greece Governor Yiannis Stournaras said that capital controls will be lifted if a deal is made at the Eurogroup on May 24....

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