Moody’s Upgrades Greek Rating

- August 1, 2014

ATHENS, Greece — Moody’s ratings agency has upgraded Greece’s government bond rating , predicting a gradual decline of the national debt. The agency is also […]

Amid 3d Bailout Warning, Greece Will Push Troika On Reforms

- July 27, 2014

With international lenders warning that Greece will need a third bailout unless it sticks to tough reforms, the coalition government headed by Prime Minister Antonis Samaras is planning to ask them for concessions, setting the stage for a likely showdown. The New Democracy Conservative leader Samaras and his Deputy Premier/Foreign Minister, the PASOK chief Evangelos Venizelos, agreed to present a united front although the Socialists are unhappy about plans to shed more public workers.

Greece Probing Open-Ended Contracts

- July 26, 2014

State inspectors are to begin checking how thousands of people working in the public sector had their fixed-term contracts switched to open-ended deals before the economic crisis struck Greece.