Greek Deputy Finance Minister to Visit Belgrade

Deputy Foreign Minister Dimitris Dollis will carry out a visit to Belgrade on October 24 and 25, within the framework of the “Go International”...

Greek Press Alarmed at ‘Haircut’ Effect on Banks

Greek newspapers expressed fears Monday for the future of the country's banking sector if debt writedowns of 50 percent proposed by European leaders went...

EU Task Force Head To Visit Athens Tuesday, Wednesday

The head of the task force for Greece will visit Athens Tuesday and Wednesday, the European Commission said Monday. Horst Reichenbach will meet the country΄s...

Power Games Regarding Greek PSI and EFSF Role

The debate about the haircut of Greek debt has a new dimension, as a large proportion of banks involved in the negotiations expressed the...

More Austerity Means More Strikes Too

ATHENS – Protests didn't work. Riots didn't work. Strikes didn't work either, but Greek workers say they’ll walk off their jobs again this week anyway, fed up with another round...

Cutting Greek Debt Must be Voluntary: Greek Official

Any solution for further reducing Greece's debt burden must be voluntary, a Greek government official said on Sunday following a meeting of EU leaders...

Europe Must ‘Act Decisively’, Says Papandreou

Prime Minister George Papandreou on Sunday stepped into a crunch EU debt crisis summit urging Europe to "act decisively and effectively" to contain troubles...

More Than Just Numbers: the Blood Price Behind the Greek Debt

There’s something noticeably ironic about the fact that the current European crisis began in Greece[...]

Investors in Greece Will Lose a Bundle – Maybe Everything

BRUSSELS - Officials of the Eurozone, the 17 countries who use the euro as a currency, have confirmed that banks and investors in Greece...

Die Welt: Sunday EU Summit Could Still be Postponed

According to the German daily newspaper Die Welt, the German government has not ruled out the possibility of postponing the EU summit planned for this...

For Greeks, The Property Tax Bill is in the Mail

The first batch dreaded new “emergency” property tax statements being put into electric bills under the threat of having power turned off – or...

Eurozone Says Greece Will Get Next Loan Installment

After weeks of worry, Greek officials were told Oct. 21 that a critical $11 billion loan installment as part of a $152 bailout to keep the country from going bankrupt[...]

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