Faced with growing difficulties in meeting its main budgetary goal of bringing the 2006 budget deficit to below the 3.0 percent of GDP threshold, Greece is about to revive the securitization of state...
Banks have postponed until July 15 the release of their quarterly results according to International Financial Reporting Standards because of ongoing negotiations on their pension issue. This delay...
Prime Minister Costas Karamanlis and his British counterpart Tony Blair discussed the restructuring of the European Union's budget, Turkey's European candidacy, the issue of Cyprus and the situation...
Economy and Finance Minister George Alogoskoufis on Wednesday reiterated the government's commitment to accelerating and promoting information technology throughout Greece's extensive and often...
Greece wants to expand its trade relations with Turkey but is worried over its growing deficit in the bilateral trade relations, high-ranking Greek officials told their Turkish counterparts at an...
The European Union's Council of Energy Ministers agreed on priorities regarding Trans-European Energy Networks and energy efficiency and adopted several Greek proposals during its meeting in...
Economy and Finance Minister Giorgos Alogoskoufis yesterday said there was a need to reconsider the whole social security system and not just the issue of bank employees’ auxiliary pension funds. “...
Government anxiety over high oil and oil product prices rose again yesterday, as the price of unleaded gasoline exceeded 90 cents per liter, approaching 1 euro in several areas of the country. With...
Prime Minister Costas Karamanlis was briefed by two of his government's top ministers on Saturday over ongoing reactions -- mostly by trade unions and certain chambers -- to a pair of crucial reforms...
Just as the price of oil is heading north in world markets and the euro/dollar exchange rate shows signs of stabilization in the 1.19-1.25 zone, the wind of reform has started blowing in the Greek...