IOBE
Greece
Greece's "Game of Thrones": Venizelos Squeezes Out Stournaras
ATHENS – Absent from the list of the 105 athletes that Greece will be sending to the London Olympics this month – excluding the 12 players from the national basketball team who somehow lost a qualifier to Nigeria –...
Economy
Stournaras Asks No Concessions at Eurozone Meeting
BRUSSELS - Greece’s new Finance Minister Yiannis Stournaras, in his first meeting with leaders of the Eurozone of the 17 countries which use the euro as a currency, did not try to open negotiations to soften the harsh terms...
Economy
Greek Government Discredits Minister Who Quit
ATHENS – Moving swiftly to distance itself from one of its appointees who resigned, the Administration of Greece’s new Prime Minister Antonis Samaras said that former Deputy Labor Minister Nikos Nikolopoulos, who quit because he said the government had...
Economy
Think Tank Says Greek Economy is Tanking
ATHENS – New Greek Prime Minister Antonis Samaras faces an even more formidable challenge to get the country’s financial affairs back on track after the release of a report from the think tank founded by his new Finance Minister,...
Economy
Economic Sentiment Dips to 7-Month Low in June – IOBE
Economic sentiment in Greece fell to a seven month low in June as uncertainty stemming from the country's elections weighed heavily on business activity, the Foundation for Economic and Industrial Research said Wednesday.
"It is clear that uncertainties during the...
Economy
Women's Global Summit Hears Greek Rallying Cry…and Criticism
ATHENS – Many unsure of what they’d see when they got to Greece – saying they expected a country destitute and deprived – nearly 1,000 businesswomen and political leaders converged for the 2012 Global Summit of Women and got...
Economy
Simitis Says Greece Didn't Cause Eurozone Crisis, Blames New Democracy
ATHENS – Former Prime Minister Costas Simitis, during whose reign Greece entered the Eurozone more than a decade ago, has denied that the country was responsible for its economic crisis spreading beyond the borders and threatening to take down...
Economy
Economy to Shrink 5% this Year, Unemployment at 20% – Greek Research Group IOBE
Greece's economy will shrink 5 percent this year and unemployment will hit 20 percent, hampering efforts to meet fiscal targets, the country's most prestigious think tank (IOBE) said in its quarterly review on Monday.
The Foundation for Economic and Industrial...
Economy
Greek Economic Sentiment Improves Slightly On New Government
Economic sentiment in Greece improved marginally in November after the appointment of an interim government helped consumer confidence inch away from record lows, but pessimism remained in all sectors of the economy, a think-tank said Monday.
The Foundation for Economic...