EU
Economy
Greek Banks May Need More Cash
While insisting the economy shows all the signs of recovering - as he has previously said the last several years only to be proved wrong - Bank of Greece Governor Giorgos Provopoulos issued a caveat that the country's banks...
Crime
SYRIZA Killing New Democracy, PASOK in Attica
A series of scandals, unresolved talks with the country's international lenders, and the escape of a terrorist seem to be taking their toll on Prime Minister Antonis Samaras' coalition government and his New Democracy Conservatives, who have fallen 7.7...
Economy
Now Stournaras Doesn't Want Debt Cut
Greek Finance Minister Yannis Stournaras, dismissing reports he may be appointed the Governor of the Bank of Greece which has had trouble predicting the country's fiscal fortune, told SKAI TV that he's changed his mind about asking the country's...
Economy
Greek Consumer Prices Decline For Tenth Month
Greece's EU harmonized consumer prices decreased for the tenth consecutive month in December, data released by the Hellenic Statistical Authority revealed Monday.
The harmonized index of consumer prices (HICP), measured under the EU methodology, dropped 1.8 percent year-on-year in December,...
Economy
Samaras Says Coalition Strong, SYRIZA Hypocrites
Stepping up a war of words with his rivals, Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader, has insisted that his coalition with the PASOK Socialists will survive critical May European Parliament elections and run out its...
Education
OECD: Greek Students’ Performances Are Disappointing
Although younger generations complain about the lack of education -- particularly in people of previous generations -- European statistics reveal that the future generations aren’t doing well either.
According to the results of the annual report of the Organization for...
Economy
Steinmeier Keeps The Heat on Greece
German Foreign Minister Frank-Walter Steinmeier, on a two-day official visit to Athens, said on Jan. 10 that the government must stick to reforms no matter the political cost.
He met with Prime Minister Antonis Samaras, the New Democracy Conservative leader,...
Economy
IMF Still Doubts Greek Comeback
Greek Prime Minister Antonis Samaras' drumbeat that the failed economy will begin to recover and there will be a return to the markets this year has been undercut by one of its lenders, the International Monetary Fund, which said...
Europe
Troika Policy: Social Consequences Cannot be Ignored
The weakening of collective agreements, high levels of unemployment and the violation of fundamental social rights were the main social consequences in Greece, Cyprus, Portugal, and Ireland, the four countries subject to the Troika's programmes, said employment MEPs and...
Economy
Under Troika Shadow, Greece Takes EU Presidency
As Greece formally took over the symbolic European Union Presidency for six months on Jan. 8 with a ceremony including invited European officials, Finance Minister Yannis Stournaras said he would conclude negotiations with the country's international lenders during the...