Tourism Alone Can’t Save Greece

The Neue Zürcher Zeitung, a Swiss German-language daily newspaper, published Gruppe in Zurich, reported in an article on Greek tourism dthat “Greek tourism alone...

EAS, ELVO, LARKO To Be Restructured

The Greek government will undertake the radical restructuring of troubled state companies, Greek Defense Systems (EAS), Greek Vehicle Industry (ELVO) and mining and metallurgical...

Troika Wants 18,000 Dismissals in Banks

The administrations of major Greek banks are prompted by the heads of the Troika to proceed to a dramatic shrinkage of the staff serving...

U.S. Treasury Chief Lew Backs Greece

Meeting with Greek Prime Minister Antonis Samaras in Athens on July 21, U.S. Treasury Secretary Jack Lew gave America's support for the crushing austerity...

Greek Business Needs 20B Euro Shot

With Prime Minister Antonis Samaras touting Greece as a burgeoning "success story," and a recovery from a crushing economic crisis, a study for an...

Merkel Piles On: No Greek Relief

Just in case the Greek government didn't get the message delivered in person by German Finance Minister Wolfgang Schaeuble during an 11-hour visit to...

Recapitalized Banks To Fire Workers, Close Branches

The first order of business for Greek banks who are getting 50 billion euros ($65.5 billion) in free money from the government in a...

Greek-Rooted Earth Friendly Opens in Greece

The Greek economic crisis did not scare away the owner and founder of Earth Friendly Products, Van Vlahakis, who arrived in Athens to open...

ESIEA: 24-Hour Strike July 19

The Journalists' Union of the Athens Daily Newspapers (ESIEA) announced the decision of the Press unions to declare a 24-hour strike in the private...

What Did Samaras Tell Schaeuble?

German Finance Minister Wolfgang Schaeuble met in Athens with Greek Prime Minister Antonis Samaras for only 40 minutes - 10 minutes longer than scheduled...

Schäeuble Meets Greek Businessmen, Bankers

The first appearance in Greece of German Finance Minister Wolfgang Schaeuble since the country's crushing economic crisis began three years brought out all the...

Greek Shipowner Restis Sues UANI

Greek shipping company owner Victor Restis said he will take legal action against the American non-governmental organization (NGO) United Against Nuclear Iran (UANI) which...

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