Fitch Investment Agency Schedules October Visit to Greece

By Paris Karagounis Fitch analyst Chris Pryce stated that Greece is holding tight to its rating of investment grade but it might slip through her...

Finance Minister Addresses Tax Meeting

Finance Minister George Papaconstantinou warned on Wednesday the following statistics.  The number of pending tax cases totals 2.5 million.  Cases in tax courts total...

Greek Public Dept Management Agency Sold 390 Million Euros of Treasury Bills

Dow Jones Newswires reported that the Greek Public Debt Management Agency sold 390 million euros of 13 week treasury bills at an auction Tuesday.  The...

Bank of Greece Announces Stress Tests

 The Bank of Greece announced on Monday that Greek banks will be put under an "extreme scenario stress test" by the end of the...

Abu Dhabi Mar Acquires Shares in Greek Shipyard

Greece has approved the sale of its main shipyard to Abu Dhabi Mar.  Abu Dhabi Mar is a holding company that owns a string...

New Investment Publication Suggests Greek Gambeling Laws Will Change

A recent article published in the "Seeking Alpha" investment publication suggests that Greek laws on gambling will change.  This will  provide a more enlightened...

Greece Plans Selling Bonds to Greeks Abroad

The nation's Finance Minister stated yesterday that Greece plans to sell bonds to Greeks abroad as it eyes a return to international bond markets next...

Greek Trade Deficit Shrank 8% in 1st Half of 2010

Greece's trade deficit shrank by 8% in the first half of 2010, compared with the same period last year.  Eurostat announced the statistic on Thursday. The...

Greek Government Responds to EU’s Desicion on Olympic Air

The Transport, Infrastructure and Networks Ministry hailed on Monday a decision by the EU General Court to reduce the amount of  illegal state aid...

Successful Treasury Bills Auction

Today Greece successfully completed the auction of a six month treasury bills issue.  The nation raised 1.17 billion euros from the market. The return of...

National Bank of Greece States Nation Will Not Default

A top official with The National Bank of Greece on Wednesday expressed confidence in the country's economic future saying Greece will not default. "We strongly...

Finance Ministry Commands Heavy Penalties & Audits for Tax Evasion

The Finance Ministry has sent a circular to all tax offices, audit centers and the SDOE financial crimes corps specifying heavy penalties and audits,...

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