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Greece

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Traffic dips in 2011 at Athens airport

Passenger traffic at Athens International Airport dropped 6.5 per cent last year as the economic crisis squeezed travel spending, especially by Greeks.

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Helios solar project in doubt

The German government poured cold water on Greek hopes of support for a mammoth photovoltaics project named Helios that would see the installation of a solar panel system in Greece

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Last round of talks set

Greece’s Prime Minister Lucas Papademos is working with troika to finalise the cuts and reforms for Greece.

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Dump Euro shackles

The board chairman of Commerzbank believes the only solution for the economic salvation of Greece is to exit the euro.

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Help for homeless: public responds to call

Municipal authorities and non-governmental organisations in Athens have praised the public’s response to calls for clothing and blankets for the city’s growing homeless population.

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Free light meals for students due to malnutrition

In an effort to deal with the rising number of school children who are facing malnutrition, the ministry of Education in Greece will start the provision of light meals in schools.

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Parties disagree with proposed funding cuts

Greece’s political parties made it clear this week that they are not willing to accept a reduction in the amount of state funding they receive.

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Venizelos a strong contender for PASOK leadership

The PASOK leadership contest took a new turn this week with Health Minister Andreas Loverdos declaring his backing for Finance Minister Evangelos Venizelos.

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Deal or no deal

Euro zone to agree on a second Greek bailout by February 6.

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Labor cost has dropped 14 per cent

Total labor costs across the country posted a 14.3 per cent drop in the period from the first quarter of 2010 to the third quarter of 2011, according to a study by the National Ins

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