82 Billion Drachmas “Missing”…

In this period of crisis, particularly in Greece, the news that 240 million euros have ''disappeared'' may seem incredible. In fact, the equivalent of...

Fitch Downgrades Greece To “B+”, Rating Watch Negative

Fitch Ratings has downgraded Greece΄s long-term foreign and local currency Issuer Default Ratings (IDR) to "B+" from "BB+" and the Short-term IDR remains at...

Greek Coalition ERT Talks Break Off

A 3 1/2-hour showdown between Greek Prime Minister Antonis Samaras and his coalition partners late on June 19 failed to reach an agreement on...

Merkel: We Need to Give Greece a Little Time

Speaking in Berlin after returning from a two-week vacation German Chancellor Angela Merkel rebuffed questions about additional assistance for Greece. Instead, she pointed to...

Chinese Consortium Interested in Purchasing Athens Int’l Airport

The Chinese consortium consisting of Friedmann Pacific Asset Management Ltd (FPAM) and Shenzhen Airport (Group) Co announced their interest in becoming the principal shareholders...

Samaras Says Election Loss Changes Nothing

Despite a loss of some 3.8 percent to the major opposition Coalition of the Radical Left (SYRIZA) in European Parliament elections, Greece's Prime Minister...

Greece: The Incredible Shrinking Country

ATHENS – Even as interim Prime Minister Lucas Papademos, who is leading a temporary coalition government, insisted that he’s on track to keep international...

Attica Bank Accuses Greek Government ‘Protege’ of Blackmailing Tactics

Attica Bank management has accused the Kalogritsas family of using blackmailing tactics in order to get more loans without collateral, according to a SKAI...

Greece, Creditors Reach Initial Agreement on Bailout Program Review

Greece and creditors came to an agreement for new fiscal measures that would be implemented in 2019 and 2020, thus unblocking talks on the...

Greek PM: Wasting Greek People’s Sacrifices Woule Be Lethal

The announcements of European Central Bank (ECB) President Mario Draghi earlier today regarding the conditional inclusion of the Greek assets in a wider ECB...

Greek Main Opposition Leader Suggests Voting ‘Yes’ in Referendum

As Greece and the Eurozone face a week of political and financial turmoil after Greek Prime Minister Alexis Tsipras' sudden announcement of a July 5...

Greece Tells Troika Firings On Track

Greece has reportedly told envoys of international envoys that the firing of 2,656 workers at the state broadcaster ERT - suspended by the country's...

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