Government Introduces Boarding Fee for Cruise Ships

The Greek government has introduced a boarding fee for cruise ships operating under non-community flags seeking to operate in the Greek sea area. The...

Greece Will Sell Stakes In State Companies

The Finance Ministry stated on Thursday that Greece will sell stakes in state run companies this year in the 2011 budget,  as reported by AFP. The...

Budget: Greece Gets Ready For More Austerity in 2011

Greek government Thursday tabled in the nation’s parliament its 2011 Budget that “continues agressive fiscal consolidation effort,” the Ministry of Finance said. The aim is...

Government Finalized 2011 Budget Plan

The Greek government finalized decisions over a 2011 budget plan after a meeting between Finance Minister George Papaconstantinou and EU-ECB-IMF Troika officials in Athens...

European Commission Sets January 12th Deadline for Olympic & Aegean Airlines Merger

The European Commission is still looking for suitable remedies from Greek airlines Aegean and Olympic before deciding whether to clear their merger, an EU...

Eurogroup: Greece Must Take All Required Economic Measures

Greece’s programme is broadly on track, but following the revision of its debt and deficit figures for 2009 by Eurostat, the debt ridden country...

Austrian Finance Minister: Greece Will Receive Next EU Bailout in January

Austrian Finance Minister Josef Proell said on Wednesday that Greece will receive its next tranche from the EU-backed bailout package in January instead of...

Greece Successfully Auctioned 3 Month Treasury Bills Issue

Greece successfully auctioned a three-month treasury bills issue raising 390 million euros from the market today. The Public Debt Management Organisation accepted bids totaling...

Greek Fin Min: No Comment On Austria’s Warnings On Aid

Greek Finance Minister George Papaconstantinou refused to comment Tuesday on reports that Austria might withhold its contribution to the country's E110 billion aid deal. "I...

Greece’s 2009 Budget Gap Hits 15.4% Of GDP, Eurostat Says

Greece’s 2009 budget deficit hit 15.4 of GDP, revised data provided Monday by Eurostat showed. The previous notification was at 13.6% of GDP The country’s government...

Greeks Look to Turkey for Employment

The job search is no longer confined to Western Europe and now includes Turkey. Dozens of requests from jobless Greeks are being sent to...

Greece Sells 390 MLN Euro 6-month Bonds, Rates Rise

Greece has today issued six-month state bonds worth 390 million euros at a yield up 28 base points compared to the previous auction in...

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