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Greek Battle Royale Over Foreclosures

With Greek Prime Minister Antonis Samaras trying to convince his Deputy Premier Evangelos Venizelos to go ahead with ending a moratorium on foreclosures that is being demanded by the country's international lenders, Finance Minister Yannis Stournaras said banks should...

FT: The Greek Government Defies Troika

For the first time, The Financial Times noticed a shift in Greeceā€™s stance against troika since the beginning of the rescue program. Greece appeared tougher after submitting the 2014 budget without the approval of the lenders and "has become...

Brussels: Meeting Samaras – Barroso

According to the Greek Prime Minister Antonis Samaras, the Greek European Union presidency would be one of ā€œopportunities, not a presidency of crisis.ā€ The priorities of the Greek presidency are job creation, monetary union, the fight against illegal immigration...

Poll Shows Greek Pessimism Grows

Greeks buried under 3 1/2 years of austerity measures said they've essentially given up on any hope life will get better and are growing more pessimistic about the economy, according to a nationwide poll by GPO for Mega TV...

Fitch Affirms Greece at "B-"

Fitch Ratings on Monday affirmed Greeceā€™s long-term foreign and local currency issuer default ratings (IDR) at B-. The issue ratings on Greeceā€™s senior unsecured foreign and local currency bonds have also been affirmed at B-. The outlook for the long-term IDRs...

Troika Softens On Foreclosure Ban Lifting

After insisting that banks be allowed to confiscate the homes of people who weren't paying their mortgages during a crushing economic crisis Greece's international lenders have changed their stance and now say the government should sort out those who...

Greece Takes Budget Battle to Brussels

Greek Prime Minister Antonis Samaras and his Deputy PM Evangelos Venizelos will sit down on Dec. 2 to put their heads together and plan strategy over how to deal with disagreements with international lenders over a gap in the...

Greece Sees Deal By EU Summit

Unable to reach a deal before a Dec. 9 meeting of Eurozone finance chiefs, Greece is reportedly hoping to come to an agreement with international lenders over delayed reforms and the size of 2014 budget hole beforeĀ  a gathering...

Troika Puts Off Athens Return

They're coming. They're not coming. They're coming. Turns out they're not coming. Envoys from Greece's international lenders, who've been in and out of Athens, now said they have postponed a scheduled return next week that was supposed to restart...

Eurostat: Leading Cause of Death for Elderly Greeks

Eurostat released a research report concerning the cause of European deaths for the year 2010. Research was conducted in 33 countries and evidence suggested that heart attacks are the major cause of concern in the European Union -- seeing...