The Decline of Greek Tourism

Greek tourism revenues have fallen 7-8% in 2010.  Yet early bookings show signs of a recovery next year. Strikes and protests in Greece have...

New Greek Parliament Committee to Investigate Role of Int’l Banks

A Greek parliament committee will be set up by the end of the year.  It will investigate the role of international banks regarding the problems...

Piraeus Bank Withdraws Offer for ATE & Hellenic Post Bank

Piraeus Bank Deputy CE) stated the bank withdrew its offer for the State’s stakes in ATE and Hellenic Postbank. “Piraeus Bank withdrew its interest as...

Greek – Arab Economic Forum in Athens

The 3rd Greek-Arab Economic Forum opened today in Athens. The event is organised by the Greek Industrialists' Association and by the Greek-Arab Chamber of...

Greece & Qatar Plan to Sign Cooperation Memorandum

Prime Minister Papandreou is expected to sign a cooperation memorandum with the Qatar government.  The memorandum will ammount to 5 billion euros with Emir...

Fitch Investment Agency Schedules October Visit to Greece

By Paris Karagounis Fitch analyst Chris Pryce stated that Greece is holding tight to its rating of investment grade but it might slip through her...

Finance Minister Addresses Tax Meeting

Finance Minister George Papaconstantinou warned on Wednesday the following statistics.  The number of pending tax cases totals 2.5 million.  Cases in tax courts total...

Greek Public Dept Management Agency Sold 390 Million Euros of Treasury Bills

Dow Jones Newswires reported that the Greek Public Debt Management Agency sold 390 million euros of 13 week treasury bills at an auction Tuesday.  The...

Bank of Greece Announces Stress Tests

 The Bank of Greece announced on Monday that Greek banks will be put under an "extreme scenario stress test" by the end of the...

Abu Dhabi Mar Acquires Shares in Greek Shipyard

Greece has approved the sale of its main shipyard to Abu Dhabi Mar.  Abu Dhabi Mar is a holding company that owns a string...

New Investment Publication Suggests Greek Gambeling Laws Will Change

A recent article published in the "Seeking Alpha" investment publication suggests that Greek laws on gambling will change.  This will  provide a more enlightened...

Greece Plans Selling Bonds to Greeks Abroad

The nation's Finance Minister stated yesterday that Greece plans to sell bonds to Greeks abroad as it eyes a return to international bond markets next...

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