After Troika Balks, Greece Regroups

- November 30, 2013

ATHENS – Greek Prime Minister Antonis Samaras and his Deputy Premier Evangelos Venizelos will huddle on Dec. 2 to plan strategy in the wake of […]

Moody’s Upgrades Greece’s Rating

- November 30, 2013

ATHENS – Ratings agency Moody’s has upgraded Greece’s credit rating, citing improved results in the crisis-hit country’s economic adjustment program. The agency announced the two-notch […]

Annoyed Troika Delays Athens Return

- November 29, 2013

Greece’s hopes of securing a deal with its international lenders to get release of a delayed one billion euro ($1.37 billion) installment have received a […]

Greece Jobless Rate Tops EU Again

- November 29, 2013

Bad news for Greek Prime Minister Antonis Samaras’ “success story” – unemployment in Greece stood at 27.3 percent in August, the highest rate in the […]

Troika Finds Greek Bureaucracy Costly

- November 29, 2013

ATHENS – As international lenders check Greece for reforms, they’ve discovered that the infamous labyrinth of the country’s notoriously inefficient bureaucracy is so bad that […]

OECD Says Greece Needs Debt Cut

- November 28, 2013

ATHENS — A top international economic body warned that Greece’s crippling recession is likely to continue into next year, and urged bailout creditors to intervene […]

“There is Life after Debt”

- November 27, 2013

ATHENS – Organization for Economic Cooperation and Development (OECD) Secretary-General Angel Gurria has urged Greeks to hold on during a lingering economic crisis, saying there […]

Japonica Firms Says “Greece is A+”

- November 26, 2013

NEW YORK- Japonica Partners, a Providence, RI-based investment firm took out a full page advertisement in the November 26 edition of the New York Times […]

Greek Property Taxes Up 800%

- November 26, 2013

The devastating effect of harsh austerity measures has hit Greek property owners especially hard with statistics showing they are paying almost eight times more than […]

Greece, Troika Tango Goes On

- November 26, 2013

ATHENS – Greece is racing to complete reforms and get a pending one billion euro installment from international lenders released before taking over the symbolic […]