Defense Cuts Tradeoff For VAT Slash

When Greek Prime Minister Antonis Samaras on July 17 announced that the country's international lenders had agreed to a cut in the Value Added...

Greece’s Euro Membership ‘Irrevocable,’ EU Commission Stresses

Greece's membership in the Eurozone is "irrevocable," European Commission spokeswoman Annika Breidthardt said on Monday, amid press speculation of a possible "Grexit" that would leave...

Greeks’ Pensions Could Drop to €620 a Month in Four Years Time

Pensions in Greece have decreased substantially over the last few years as the financial crisis has dictated the government's commitments to its foreign lenders...

Papademos: Greece Over Halfway to Recovery‎

Greece is "more than halfway" to economic recovery and should return to positive growth in less than two years, Greek Prime Minister Lucas Papademos...

IMF Mission Will Test Greece Hard

The International Monetary Fund, one of Greece's international lenders, is sending a team back to Greece this month to assess the country΄s performance...

Bild: Germany Eyes “Bundled” Loan Payment to Greece

Germany wants to bundle three tranches of aid to Greece into one payment of more than 44 billion euros, German newspaper Bild said on...

CFOs Pessimistic about Greek Economy

The chief financial officers of Greek companies are pessimistic about the course of the economy, according to a European survey of CFOs conducted by...

Bloomberg Poll Predicts Greek Default

Most global investors predict that at least one nation will abandon the euro zone within five years and that Greece and Ireland will default,...

Bank of Greece Head Says Post-Bailout Credit Line Needed

There is a need for a precautionary credit line for Greece after the end of the bailout program in August, said Bank of Greece...

OPAP Privatization Faces Court Challenge

With its sale of a stake in the state gambling monopoly OPAP to a Greek-Czech consortium unraveling over bickering over some of the details,...

Visiting MEP’s Urge Greek Government to Speed Up Completion of Major Projects

A team of eight MEPs from several countries and parliamentary groups visited Greece as part of a finding mission organized by the European Parliament's Committee...

FT: Greece Will Miss Deadline For Reporting Revised Deficit Figures

"Greece will miss today’s European Commission deadline for reporting revised budget deficit figures for the past two decades, preserving a mystery about the degree...

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