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New Democracy Back In The Lead

Greece's ruling New Democracy Conservatives have taken a razor-thin lead from the major opposition Coalition of the Radical Left (SYRIZA) party as the two...

Dunant Hospital Awaits Buyer's Decision

Henry Dunant Hospital, which was once one of the best hospitals in Greece, is now facing bankruptcy. On April 17, it was to be...

Turkey: Cyprus Crisis is Chance to End Division

Turkish President Abdullah Gul said on Wednesday the financial crisis in Cyprus presented an “important opportunity” to end the division of the island, split...

Greek Crisis Inspires Woody Allen Film

One of the greatest American directors, the legendary Woody Allen, will complete the cycle of films he has directed based on the most historic...

Greece Gives Support To Young Entrepreneurs

In response to Greece Prime Minister Antonis Samaras’ pledge that the country will not rely purely on international bailouts and austerity, the government is...

Former AEK President Nikolaidis Testifies

Demis Nikolaidis, former AEK Athens player and president, testified to the police on March 28 regarding the club’s unpaid taxes, and was released to...

Cyprus FinMin Says Bailout Too Tough

As Cyprus ratchets down its oversized banking sector to get a pending 10 billion euros ($13 billion) bailout from international lenders, the price it's...

Cyprus to Restrict Money Flow within Eurozone

Cyprus is imposing unprecedented controls on Cypriot bank depositors moving their money within the common euro currency union as it looks to reopen its...

While Anastasiades Fiddled, Money Fled Cyprus

Delays and indecision by newly-elected Cypriot President Nicos Anastasiades' government allowed a huge outflow of cash from the island's banks even though they were...

Cyprus' Banks to Remain Closed until Thursday

Cyprus ordered banks to remain closed for two more days over fears of a run by customers trying to get their money out, after...