Greek TV Station Owners React to Gov’t Plan to Reduce License Number

Greek television station owners have reacted to government announcements that the number of licenses to operate will be reduced, while there will be a...

John Calamos: Greece Could Become the Florida of Europe

John Calamos, the chairman and CEO of Calamos Investments, urged Greeks to make Greece the “Florida” of Europe. Calamos was one of the main speakers...

Samaras Calls for Acceleration of Privatizations

In a meeting that included Government Vice-President and Foreign Minister Evangelos Venizelos, as well as Greek Finance Minister Gikas Hardouvelis on Monday, Prime Minister Antonis Samaras set the issue...

Excessive Taxes and Negative Savings for Greek Households

Greece has reportedly the lowest savings rate among the 28 EU countries, as households and businesses 'bend' at the expense of wage cuts, excessive...

In Greece Εven The Dead Must Pay Bribes

Strange as it may seem, the dead must pay a “fakelaki” too, if they want the Athens Mortuary staff to show them a “special”...

ECB Maintains Greek Banks’ Liquidity Limit Amid Talk of Capital Controls

The European Central Bank (ECB) board of directors decided on Wednesday to maintain the limit through the emergency liquidity assistance (ELA) scheme to 80.2 billion euros. In the...

Schaeuble to Leave German FinMin: Not Necessarily Good News for Greece

Germany's pro-austerity Finance Minister Wolfgang Schaeuble is ready to quit his job and become head of the lower house of parliament, the Bundestag, a...

Greek State Bond Yields See Fall

Greek state bond yields declined further on Thursday, with the yield of the 10-year benchmark bond dropping as low as 4.06 percent. The trend is...

Proposal of New Euro Zone Fund Might Put Greece under Permanent Fiscal Supervision

The creation of a new fund to shield the euro zone from financial shocks will be discussed at a Eurogroup meeting scheduled for Friday; the fund...

Defense Minister Urges Greeks to Stand Behind Govt

National Defense Minister Panos Kammenos urged all Greeks on Sunday to unite in the Greek government’s current struggle to achieve a deal, regardless...

Kyriakos Mitsotakis: Government Is Condemning the Country to Perpetual Austerity

The pledge, on Greece’s side, to maintain primary surpluses of 3.5 percent for the next 15 years, which are not achievable, are condemning the...

Unpaid, 4,000 Greek Pharmacies May Close

Greek pharmacies, who are months – or years – behind in receiving government payments for state insurance programs are in such bad shape that...

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