42% of Greeks spend around EUR 94/month on gambling

77% of Greeks are against the idea for gambling to be put under state’s control, Vima daily informs, citing results of a sociological survey...

New Law Passed Concerning Over Indebted Households

The government is offering tangible support to Greek households government spokesman George Petalotis stressed on Wednesday, referring to a law allowing over extended Greek...

The EC, ECB & IMF to Keep an Eye on State Companies, Hospitals &...

Troika’s auditors will keep a close eye on Greek state-run companies, hospitals, insurance funds and structures of the local power. Experts with the European...

Five Greek Banks Pass EU Stress Tests ATE Fails

Five major banking institutions passed the stress test on Friday, while ATE, a state controlled bank failed. "The Bank will proceed to a capital...

Greece Appoints Advisors to Privatize State Controlled Institutions

An inter-ministerial privatization commission meeting on Friday agreed to appoint two to three advisors to examine the Greek state’s future moves in the country’s...

Greece tops EU customs seizures of counterfeit goods in 2009

Greek customs have confiscated the highest number of counterfeit goods within the European Union over the past year, according to the annual report issued...

Petition against salary cuts

An appeals court judge on Wednesday filed a petition with Greece's Salary Court to cancel pay cuts imposed by the Greek government as unconstitional...

Package of Measures for Middle-Sized Businesses

Minister for Economics Louka Katselis announced a package of measures ( credits, bank guarantees, subsidies over 9 bilion euros) to give a breath to...

‘Banks will pass stress tests’

Greek Finance Minister George Papaconstantinou on Monday appeared confident that Greek banks will be able to pass upcoming stress tests successfully and said that...

Goldman Sachs Says GGB May Surprise

Goldman Sachs says that Greek paper could surprise since better-than-expected economic performance and government austerity efforts may ware down fears over a potential Greek...

ALDI May Be Leaving Greece

The German supermarket chain Aldi may be withdrawing from Greece, nearly twenty months after the operation of its first store in domestic market. The company’s...

Hotelkeepers in Greece see 9% revenues downturn

Hotelkeepers in Greece see some 9% downturn in revenues in 2010 after the 12% drop in 2009, News In informs. According to chairperson of the...

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