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Economic Crisis deepens in Greece

Greek Prime Minister Lucas Papademos met leaders of political parties in his coalition on Sunday to persuade them to back....

Retailers feel the Christmas pinch

Christmas shop sales in Greece fell by nearly a third this year in the worst festive trading for years as the country grapples with a debt crisis.....

Greece being stripped of its assets

Greece, aims to sell gas company DEPA and 35 state buildings by the first quarter of 2012, the head of its privatizations agency said....

New austerity legislation gets through despite protests

ATHENS, (ANA) - Greek parliamentarians have passed a deeply resented austerity bill that has led to unprecedented protests on the.....

Stop blaming Greece!

Greece ate my homework! Not only that, if you believe the financial headlines, Greece is responsible for almost every financial ill that.....

Deeper pension cuts, more property tax hikes

Greek Government said it would deepen pension cuts, extend a painful property tax hike and put tens of thousands of public servants on.....

Greek economy to shrink more...

Greece's economy will shrink by over 4.5 percent this year, the country's finance minister said on Friday, adding that a new bailout deal......

Temporarily relieved by Greece's bailout

Relief at a bailout package for Greece drove global shares higher after European leaders made sweeping changes to a rescue fund in an....

Greek Parliament adopts unpopular bill

ATHENS, Greece — Greece's lawmakers have approved a key austerity bill, paving the way for the country to get its next loans that will go towards.....

Greek Union Leader warns of "Employment crash"

The head of the GSEE (General Confedera-tion of Greek Workers) union, has warned that deeper austerity measures planned by the government

Greek archaeologists discover long-lost marble friezes in Acropolis

Athens - Greek archaeologists on Friday said they had discovered five long-lost friezes from the 2,500-year-old Parthenon...

Greek state assets to be sold

ATHENS – The Government will draw up a list of state property assets to be sold" in a controversial privatisation program introduced...

Worker’s strike again in Greece

ATHENS -- Thousands of workers in Greece joined a general strike 23 February, with rallies across the whole country. ROITERS agency reported that 100,000 protesters....

Greeks refuse to pay fees and tolls

The "I don’t pay" movement - a polite form of civil disobedience...

Greek church raps bishop over Muslim, Jew remarks

The Greek Government has rejected disparaging comments about Muslims and Jews by a senior cleric that sparked protests...

Greek government opens way for privatization of state-run companies

The Greek government opened the way for the restructuring and privatization of state-run defense and gas companies...

Greek strikes continue amid spike in unemployment

Greek unemployment has risen to its highest level in at least six years, official data showed Thursday, as government austerity...

Economic recession sharply raises unemployment in Greece

Higher indirect taxes and particularly a rise in GST rates from 11 to 13% will lead to a deeper economic recession in the...

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