ND’s Samaras Accepts Invitation to China from Prime Minister

On Sunday Chinese Prime Minister Wen Jiabao briefly met with New Democracy leader Antonis Samaras. Samaras thanked Jiabao for his support and for his purchase of Greek bonds during this...

Greece Presents Austerity Budget for 2011

The Greek draft 2011 budget announced Monday by the finance ministry aims to cut the budget deficit to 7% of gross domestic product, ahead...

Greece May Demand Compensation from Siemens

Greece may ask Siemens to pay 2 billion euros in compensation linked to an alleged bribery case, Sueddeutsche Zeitung reported in its Saturday edition according...

Germany Honors PM Papandreou for Strength of Truthfulness

George Papandreou was honored for embodying the "strength of truthfulness" at a ceremony held by the private Quadriga foundation.  It issues its awards on the...

Chinese PM Jiabao Hopes to Intensify Cooperation with Greece

Premier Wen Jiabao says China is firm in supporting Greece and is ready to expand cooperation with Greece and help the country through its...

Greek Open University Accepts Record Number of Students

More than a decade after it was established, the Greek Open University will next year make available a record 8,260 places on undergraduate and...

Premier Wen States China Will Support Greece

China assured Greece it will buy Greek government bonds when the debt-laden country returns to markets, a senior Greek governemnt official told Reuters during...

Samaras Criticizes Prime Minister’s Statements

Main opposition New Democracy (ND) party leader Antonis Samaras criticised Prime Minister George Papandreou for what he said in a meeting with journalists at...

Chinese Premier Wen Jiabao’s Official Visit to Athens

Chinese Premier Wen Jiabao is due to arrive in Athens today for a three day official visit.  Athens will be his first stop in...

Bloomberg Reports Greek Govt. Bonds Top Perfomers Last Quarter!

Greek government bonds were the top performers in Europe last quarter. Bloomberg reports that investors making money on Greek paper for the first time...

Rhodes Fire Outbreak

A few minutes after 15:00 p.m a fire broke out in the region of Monolithos on the island of Rhodes. Immediately twenty firemen with ten fully...

Trucking Sector Strike Ends

Today truckers are starting gradually to perform normal transport and finally the market will start working again. Increased tension was on the rise in yesterday’s long meeting at...

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