60.000 companies go bankrupt, 110.000 jobless by 2010 end

Over 16,000 companies in Greece have seized their activity since the beginning of the year and thousands of middle companies are at the brink...

Annual summer sales begin on Tuesday

The annual summer sales in Attica prefecture will begin on [...]

Tax “secrets” to repatriate funds in Greece

Greek taxpayers who rushed to send their savings abroad in order[...]

20,000 euros in taxpayers’ money on sex lines!

During that vital period of time for Greece a brand new economic scandal is revealed and has caused numerous reactions around the globe! The...

Krugman: Greece May Have To Leave The Euro Zone

Paul Krugman (photo) told Il Sole 24 Ore that Greece could have to exit the European single currency. “I would not be surprised if...

EU Says Will Not Ask Greece For Additional Measures

The European Commission Monday denied rumors that Commissioner Olli Rehn will come to Greece in the end of July to ask for additional measures. “I...

200,000 new homes remain unsold

Real estates market in Greece is going through its most serious crisis over the last five years, Greek Vima daily writes. There is around 50%...

Small Bribes Cost Greece EUR800 Mil. A year

Small bribes that Greeks use in their everyday transactions with the public and private sector, the so called ‘fakelakia,’ may drain as much as...

Greece and Romania are Europe’s leaders in VAT hikes

Greece and Romania are Europe’s leaders in VAT hikes between 2000 and 2010, Eleftherotypia daily writes. According to the economic adviser of Romanian Prime Minister...

Greece is not going to bankrupt !

Scenarios of bankruptcy are haunting Greece for at least three months now. Two of the most important companies around the Globe have come to...

Aegean member of Star Alliance

Aegean Airlines on Wednesday officially became the 28th star of the international airline alliance Star Alliance, which brings together 4,000 aircraft carrying around 600...

Plunge in car registrations

New car registrations plunged 54.1 pct in May, compared with the same month last year, with the car market suffering more than any other...

LATEST