EU
Economy
Split Decisions For Samaras
Greek Prime Minister Antonis Samaras will have divided attention at a meeting of European Union leaders in Brussels on Dec. 20 where he will outline the country's agenda when it assumes the symbolic, rotating six-month EU Presidency on Jan....
Economy
Commission Authorises €36 million Aid for Investments in Greek Electricity Infrastructure
The European Commission has found that public support to seven projects aimed at improving and expanding the Greek electricity network complies with EU state aid rules. Those projects will contribute to ensuring the security of energy supply by improving...
Economy
Foreclosure Fight Upsets Coalition
As Greek Prime Minister and New Democracy Conservative leader Antonis Samaras is pressing ahead with lifting a ban on foreclosures, his coalition partner the PASOK Socialists - who put it in place - is reportedly at odds with him...
Economy
Provopoulos Says Recovery "Fragile"
Bank of Greece Governor George Provopoulos, presenting an interim monetary policy program report to Parliament on Dec. 17, forecast a recovery but warned it could be undermined by political in-fighting and if the government raises taxes again on the...
Economy
Greece Gets EAS Deal, 1B Euros Coming
The Eurozone working group of finance chiefs has ok'd release of a delayed one billion euro ($1.37 billion) installment from international lenders after a deal was reportedly reached on a modified plan to pare down the money-bleeding Hellenic Defense...
Economy
Greek Leaders Dip Into Savings
Greece's political leaders remained about the crushing economic crisis critics said they helped create, showing substantial incomes even while the had to reach into their savings accounts, according to their declarations of wealth posted on the Parliament website to...
Economy
Greece to Get EU Aid to Build Highways
The European Commission, the executive arm of the European Union, has approved 3 billion euros in financial aid to help build four major highways in Greece.
The EU co-financing of up to € 2.97 billion for the 4 projects is...
Economy
Samaras Seeks Greek Debt Relief
Greek Prime Minister Antonis Samaras said he will insist that the country's international lenders allow a debt cut if a primary surplus is a achieved for 2013, and that he wants it done before the May elections for European...
Economy
Greece Close to Troika EAS Deal
One of the biggest obstacles to closing a deal on uncompleted reforms and trigger the release of a one billion euro ($1.37 billion) installment from international lenders - whether to shut down or privatize Greece's money-bleeding defense contractor -...
Economy
Tsipras Presses Rehn on Debt Relief
It wasn't a receptive audience, but Greece's major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, meeting in Strasbourg, France with European Economic and Monetary Affairs Commissioner Olli Rehn, told him that Greece can't afford to...