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...

Greek Lawmakers Get Lagarde List

Greece's Financial and Economic Crime Unit (SDOE) has sent to a Parliamentary Preliminary Investigation Committee the list of 919 Greeks with in secret Swiss...

Merkel Warns Cypriots To Give In

German Chancellor Angela Merkel, whose country is insisting that Cypriot bank depositors help pay the cost of a crisis they didn't create, said that...

EU Lawmakers Blast Eurozone Over Cyprus

The European Parliament has heavily criticized Eurozone officials for crafting a plan to confiscate bank deposits of Cypriots to make them pay for an...

Cyprus’ Fate Hangs In The Balance

Cyprus' hopes of finding a way to come up with 5.8 billion euros ($7.5 billion) to secure a 10 billion euros ($13 billion) international...

Cyprus Moves To Plan C To Avert Default

With its back against the wall and facing a March 25 deadline to try to come up with a plan that would bring in...

Cyprus Thriller Goes On

The European Union has given Cyprus until March 25 to raise 5.8 billion euros ($7.5 billion) to secure a bailout from international lenders or...

Dimitrelos Arrested for AEK Debts

The president of the Greek football team AEK, Andreas Dimitrelos was arrested by two policemen of the Attica Police Directorate’s Financial Inspection Division for...

Foreign Press On Cyprus “No” Vote

The "no" vote from the Cypriot Parliament to the Eurogroup bailout plan has been the dominating issue in headlines of the international press, which...

Agriculture a Way Out of Crisis

Agriculture can rescue Greece from the crisis, if organized on a solid basis via cooperation and specialization. All around Greece organized seminars are offered...

Cypriots Frantic As Bailout Hits Bank Accounts

Angry Cypriots who weren’t notified that up to 9.9 percent of their bank deposits would be seized by the newly-elected Conservative government to help...

Greek Crisis Visible From Space

According to a study conducted by researchers from Greece and abroad, from 2008 until today, a drastic limitation up to 40% of pollutants in...

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