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Greece Is Headed for a Great Depression Without 3rd Memorandum

Bloomberg and Reuters, two of the world's most prestigious news agencies, predicted that the next Greek government which will arise after the upcoming election, will...

Greek FinMin: Greek Govt Surplus Falls Short

The Greek government's projections regarding the budget surplus for 2014 fell far short, the country's Finance Ministry announced earlier today, citing lower tax revenue...

Tsipras: German Taxpayers Should Not be Afraid of a SYRIZA Govt

His commitment that German taxpayers have nothing to be afraid of in the case of a new Greek government led by leftist anti-austerity party...

Euro Sinks Near 30-Month Low Due to Political Developments in Greece

The Eurozone currency hovers near a 30-month low against the US Dollar today due to the uncertainty spread in the union by the developments...

Worry, Fear, Insecurity: The International Media on Greek Political Developments

After the third successive unsuccessful ballot for the election of the new President of the Hellenic Republic, international media once again has their eyes...

Greek Debt Is Viable and May Not Need Fresh Haircut

Reuters, citing European officials, claimed that the Greek debt may not need a fresh haircut since it is viable. According to the news agency, "the...

FinMin Hardouvelis: Greece Might Need a Year of Limited EU/IMF Supervision

At a time when most cabinet members speak about the long-awaited exit from the bailout program, Greek Finance Minister Gikas Hardouvelis spread discomfiture to...

BoG: €11.5 Bln of HFSF Can Be Used as Precautionary Credit Line

Greece has the ability to use the remaining 11.5 billion euros from its bank rescue fund as a preventive support line when it exits...

Reuters for Tsipras: From Firebrand to PM-in-Waiting

Greece's main opposition SYRIZA leader, Alexis Tsipras, was profiled by Reuters in an article published today entitled "From firebrand to PM-in-waiting, Greek leftist smells...

EU Official: Greece Unable to Exit Bailout Without Assistance

Greece will not be able to exit its ongoing bailout program earlier than scheduled without an additional assistance package from its lenders, an unnamed...

Riot Policeman Found Guilty for Attack on Photojournalist

On Thursday, a Greek Misdemeanors Court handed down an eight-month jail sentence, suspended pending appeal, to a 27-year-old riot police officer found guilty of...

Reuters: Greek Dairy Producers in War with Middlemen

According to Reuters, intermediaries in Greece are part of an inefficient and bureaucratic system that encourages corruption. Using as an example the milk vending machines...

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