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Greece

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Greek scientist leads interstellar travel project

Inspired by the mythology of his homeland, Greek scientist Andreas Tziolas is heading Project Icarus, a theoretical engineering study launched in 2009 by the British Interplanetary

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Turkey will annex north if Cyprus remains split

Turkey would consider annexing northern Cyprus if talks between Greek and Turkish Cypriots failed to reach a deal on reunification of the island.

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Mini-reshuffle for Greek government

Greece’s technocrat prime minister, Lucas Papademos, moved two government ministers on Tuesday, in a mini cabinet reshuffle.

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Unemployment to hit even harder

A quarter of Greeks likely to be out of work by the end of 2012.

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Done deal

Greece successfully closed a bond swap offer aimed at reducing its colossal debt pile and averting a chaotic default that would pitch the euro zone into a fresh crisis.

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Greek govt address nation after PSI completion

Prime Minister Lucas Papademos, in a televised statement on Friday following the successful completion of the PSI hours earlier, said the present day “is not only a day of satisfac

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25 per cent of Greeks may be unemployed by end of 2012

As the jobless rate in Greece climbs to 21 per cent from 14.8 percent a year earlier, predictions are set for a quarter of Greeks to be out of work by the year end.

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Greece prepares to announce participation rate in PSI

The deadline for Greek bondholders to agree to a voluntary debt restructuring scheme passed on Thursday night and the government is expected to announce on Friday morning that well

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PASOK staff protest over unpaid wages

A crowd of angry PASOK employees blocked the entrance to the party headquarters in central Athens to demand four months in unpaid wages, drawing attention to PASOK’s dire finances.

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Shopkeepers in Greece unite

Traditional store owners in Athens are trying to boost sales by working together to offer new services.

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