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New Development Law Aims At Growth

Greek government presented on Monday its long-awaited new development framework law, aimed at boosting growth, according to Dow Jones Newswires. Opposition parties have been criticizing...

Listed State-owned Companies To Adjust Wages

Greek government is asking the Athens Stock Market’s listed state-owned companies to adjust wages to the standards of loss-making - non-listed - ones and...

Jan-Nov: Deviation Of Revenue And Expenditure

Despite the increasing trend in revenue, problems regarding the 2011 budget still remain. Income for the Jan-Nov period was increased by 4.8%, improved in...

IMF Chief Claims Greece Needs to Restore Growth While Angry Citizens Protest Outside

Greece needs to restore growth, IMF chief Dominique Strauss-Kahn said Tuesday.  This statement comes months after the EU and IMF put together a 110-billion-euro...

Sculptures of Stoa of Attalos Showcased in Athens!

The magnificent sculptures of the Stoa of Attalos in the Ancient Agora[...]

Tough Negotiations on Extension of EU Loan Repayment in Athens & Brussels

The Greek government is planning a four-day round of tough negotiations in Brussels and Athens for extending the repayment the EU loan. Officials from the...

Troika Press Conference Rescheduled for Tuesday in Athens

The scheduled press conference by EU and IMF inspectors concerning their latest inspection and the release of the third tranche of  loans to Greece...

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...

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...

Auction of 6 Month Treasury Bill on November 9th

Greece will auction a six-month Treasury Bill issue on Tuesday, November 9th.  It seeks to raise 300 million euros from the market. The T-bill issue...

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