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Greece

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IMF foresees trouble in Cyprus economy

The International Monetary Fund said that Cyprus’ economy will expand at a slower pace until 2012 as global growth slows down.

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Exports account for ten per cent of GDP

Exports account for more than to per cent of the Greece’s gross domestic product, or more than 20 billion euros on an annual basis, recording a 13 per cent growth rate, the Panhell

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Skilled Greeks in demand

Yelena Togias reports about the benefits of skilled Greek employees and takes a closer look into how businesses can sponsor skilled Greeks who want to migrate to Australia

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Spending cuts to hit drug firms

Pharmaceutical companies will be put under more pressure to reduce their profit margins if the government does not meet its target for slashing public spending on drugs this year.

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Clashes blight austerity protest

Isolated violence, including an attack on photographers by police, mar otherwise peaceful day.

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Inquiry blames president for Cyprus blast

Cyprus President Dimitris Christofias bears direct personal responsibility for a blast at a navy munitions plant on the island that killed 13 people in July.

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Suspect nets a million in holdup

An armed robber dressed as an employee of a contracting firm netted around 1 million euros.

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Latest poll reveals growing disapproval

PASOK has slipped further behind New Democracy, according to the latest poll for the newspaper Kathimerini and Skai by Public Issue, but elections would not yield an outright winne

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July pact hangs in balance

Prime Minister George Papandreou and Finance Minister Evangelos Venizelos failed to offer concrete answers to other members of the Cabinet on what a planned revision of the terms o

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Retail trade down

The volume of Greek retail turnover declined by another 4.3 per cent in July.

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