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...

Piraeus Bank eyes acquisitions

Piraeus Bank chairman Michalis Sallas on Thursday announced a proposal for the Group's acquisition of major stakes in Athens-listed ATEbank and TT Hellenic Postbank. Sallas...

13th, 14th salary in private sector preserved

The 13th and 14th salaries in the private sector will be preserved, «Ta Nea» informs. The national collective labor contract between the General Confederation of...

Finance Minister: Greece May Return To Markets In 2011

Greece may return to the markets in 2011 given that conditions continue to improve, Finance Minister George Papaconstantinou told CNBC Wednesday. "All our reforms are...

Treasury Bills Auction Completed at 4.65% Interest Yield

Greece on Tuesday raised 1.625 billion euros in a debt auction, its first since getting bailed out in May, which attracted strong investor interest....

European shield for depositors!

According to the European Commission, deposits up to 100.000 euros will be guaranteed in all state-members of the European Union. More specifically, in case...

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