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Greek Olive Production Takes Hit

The unfavorable weather conditions of the previous period had a tragic impact on the crops of olive producers this year, regardless of the olive...

Turkey May Dispute Cypriot Gas Reserves

Cyprus' hopes of using potential gas reserves as a bargaining chip to trigger an international bailout is hitting an obstacle in Ankara as Turkish...

Poll Shows 94% Of Greeks Oppose Austerity

With a third year of harsh austerity measures in return for international bailouts in effect, a survey has found 94 percent of Greeks are...

Syrian Refugees Flocking to Greece

Despite its economic problems, Greece is still the most popular entry point for refugees trying to get into the European Union and has been...

IMF Sees Greece Missing Debt Targets by 2017

Greece will miss the five-year debt reduction target that underpins the country΄s 130 billion euro bailout, according to forecasts released by one of its...

Greece Will Need Third Bailout, Says Greece’s IMF Rep

Greece will need a third arranged bailout with its international lenders after falling far short of its austerity programme targets, an IMF official told...

Greece’s Lenders Delay Aid To October

Greece's international lenders won't discuss new aid for the country before October when they present a review of the country's bailout program to finance...
European Central Bank Says it will provide funds to Cyprus banks

ECB Acts to Head off Greek Bankruptcy

The European Central Bank has moved to stave off Greece bankrupcty for the time being by guaranteeing additional emergency loans from the country's central...

Bloomberg: Greece’s Highways are Smoother than its Finances

Cross the border to Greece from Bulgaria or Turkey and you move from narrow, potholed, lethal truck runs onto the wide and empty magic...

NY Times: “Greece: The Back Door to Europe for Illegal Immigrants”

Another major newspaper reports on the increasing illegal migration through our Greek-Turkish borders. New York Times published a large article under the title “For...

Jens Weidmann: Greece Must Keep Bailout on Track

Greece must get its reform program back on track if the so-called troika of the European Union, IMF and European Central Bank judges that...

Wells Fargo: Greek Exit from the Euro Could Be a ‘Lehman Event’ for Global...

"The European debt crisis is once again at a critical juncture ahead of the second Greek parliamentary election and as Spain appears to be...

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