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Greece

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Greece has a friend in me, says Hahn

“Greece has made significant steps forward but there’s a long road ahead to exit the recession tunnel, despite the fact we can see light ahead”.

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New Democracy leads in latest poll

The new Greek parliament would see the leading party without an overall majority and up to eight parties crossing the three per cent threshold, according to a poll published on Thu

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Greek companies cut salary by 20 per cent

The labor market is undergoing a huge shift after the reduction of the minimum wage.

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Sachinidis, finance minister for Greece

Deputy Finance Minister and Larisa MP Filippos Sachinidis was sworn in as the country’s new finance minister, replacing Evangelos Venizelos who stepped down to lead Pasok.

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Athens properties least popular

Athens ranks last among 27 European metropolitan cities as far as its ability to attract real estate investment is concerned, according to an annual survey by PricewaterhouseCooper

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Police leave cancelled ahead of military parades

All police leave has been cancelled for this weekend ahead of the military parades on Sunday to mark Independence Day.

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Cyprus rating gets junk status

Cyprus’ sovereign debt has been slashed to junk status by the ratings agency Moody’s, due to heavy bank exposure to the Greece’s struggling economy.

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German funds for Ptolemaida electricity plant

More than half of the funding for the construction of Public Power Corporation’s new lignite unit at Ptolemaida, western Macedonia, will come from Germany.

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Venizelos to step down as finance minister

“Once I take over at the helm of the biggest party in parliament, I will have to devote myself to these new duties”. These words belong to current Finance Minister Evangelos Venize

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Greece presses charges over alleged 2008 Karamanlis plot

A Greek prosecutor pressed charges of treason and trying to destabilise the country against unknown suspects this week over an alleged 2008 plot to overthrow the then-conservative

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