Landmark Thessaloniki Hotel Set to Close

One of Greece's best-known hotels and a Thessaloniki landmark, the Makedonia Palace is to close down at the end of the year, the company...

Venizelos: 2012 Budget Targets Primary Surplus

Greek Finance Minister Evangelos Venizelos said the country's 2012 budget targets a primary budget surplus of 1.1% of economic output, adding that no further...

Dallara: Greek Debt Swap Will Likely Cause Selective Default

An agreement between the Greek government and private bond holders will likely cause a selective default on Greek sovereign debt, the managing director of...

Greek Budget Deficit Up in Jan-Oct

Greece's state budget deficit totaled 20.104 billion euros in the January-October period, down from a revised budget target of 20.362 billion euros, but up...

Annual November 17 March Becomes Public Defiance Test for New Government

Thousands of protesters joined the annual November 17 march in Athens on Thursday on the one hand paying tribute to the student uprising against...

Greek Executives To Meet With Troika Technical Teams On Monday

Meetings between Greek government officials and Troika mid-level units have been scheduled on next Monday, focusing on the commitments related to the sixth instalment. The...

Reichenbach: Greece Has €60 Billion In Unpaid Taxes

Greece has €60 billion in unpaid taxes, said an EU Task Force, headed by Horst Reichenbach, who highlighted fighting against tax evasion as one...

Papademos Gets Confidence Vote from His Parliament

ATHENS - Interim Prime Minster Lucas Papademos, as expected, easily won a vote of confidence from the Parliament his fractious coalition government controls for...

Greek Companies Blocked by Foreign Business Suppliers

The current liquidity problem of Greek companies is getting worse due to the fact that foreign business suppliers have stopped giving raw materials to...

PPC GENOP Workers Cut Electricity in Health Ministry

PPC GENOP, a Greek public electricity workers' union has symbolically cut the electricity in the Health Ministry building in Athens to protest for unpaid...

Radio Frequency Auction Raises 380 Million Euros

Greek authorities on Monday successfully auctioned a new range of radio frequencies (in the range between 900 and 1800 MHz) to the country's three...

Juncker Awaits Letter From L.Papademos

Troika will decide on the release of the sixth aid instalment to Greece before the end of November, said the head of the Eurogroup,...

LATEST