Greek – Chinese Water Management Cooperation In Progress

Athens Water Supply Company EYDAP is expected to finalize its cooperation with China Metallurgical Group Corporation (MCC) soon. Greek State Minister Charis Pampoukis will be...

Greece To Sell €1.25b T-Bills On April 12

Hellenic Debt Agency will auction 26-week Treasury Bills on April 12, 2011, in book entry form, with maturity 14 October 2011. The amount to be...

CMA: Greek Sovereign Debt Remains Riskiest In World

Greece was more likely to default on its debt than any other country in the world during the first quarter of 2011, said data...

NBG Says Most Greek Banks can Pass Stress Tests

"Most Greek banks, except ATEbank, are in good shape to pass the stress tests," Vassilis Rapanos, who is also chairman of the Hellenic Bank...

IMF/EU/ECB Representatives May Prolong Their Visit In Athens

Greek Finance Minister Giorgos Papakonstantinou will meet later on Wednesday with the IMF/EU/ECB representatives, who have been in constant discussions with government official since...

IKA To Appoint Consultant For Utilization Of Property

Social Insurance Institute (IKA) has launched a public consultation until April 15 for the appointment of a consultant for the utilization of its property....

Budget Deficit May Exceed 10.5%

Hellenic Statistical Authority (ELSTAT) may report that budget deficit in 2010 exceeded 10.5% of Gross Domestic Product, according to unconfirmed sources, while Ministry of...

Finance Ministry Announces all +3,000 Euro Transactions to be Executed via Credit Card or...

As of today, all transactions between private parties and companies in Greece of more than 3,000 euros have to be executed using credit cards...

New Strict Tax Law for Greek Expatriates

A draft tax bill introduces an expanded tax residence definition[...]

IMF Wants Greece to Restructure Debt – Der Spiegel

The International Monetary Fund (IMF) is privately pushing Greece to restructure its debt soon in view of the unsustainable fiscal burdens it is carrying,...

Greek Fin Min Says Still Chance for Bond Sales in 2012

Greece hopes to start selling bonds next year on the international market, claims the finance minister. George Papaconstantinou, in an interview with Bloomberg during the...

S&P Downgrades Four Major Greek Banks

Standard & Poor΄s Ratings Services said on Thursday that it has lowered its credit ratings on four major Greek banks following Greece’s downgrade to...

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