A Surplus of Good News Emerges for Battered Greek Economy Hopes

- April 15, 2014

Skeptics say it’s a ploy ahead of next month’s critical elections for Greek municipalities and the European Parliament, but the government now says the country’s primary budget surplus for 2013 was 3.38 billion euros and that a “social divided” will soon be announced.

A 50-Year Greek Loan Payback Seen

- April 14, 2014

EU officials are reportedly set to extend Greece’s repayments on 240 billion euros in two bailouts up to 50 years and lower interest rates.

Greece is the New China! (that’s not a good thing)

- April 13, 2014

Senor, is this about production of a show by means of placebo effects, market trajectory, the Greek Bond oversubscription, the failed Chinese Bond Auction, and Mr. Nitup? What a week! It had everything. The Greek bond offering was oversubscribed four times while the Chinese bond auction failed!

Sunday Shopping Protesters Gassed

- April 13, 2014

Protesters angry with Sunday store openings tried to disrupt shopping on Athens’ main street but were teargassed.

Greeks Pay 41.6% Income Tax

- April 12, 2014

An OECD report shows Greece’s economic crisis has been costly to workers whose total tax amounts to 41.6% of the labor cost.

Provopoulos Says Recovery Is Near

- April 12, 2014

Bank of Greece chief George Provopoulos said the economic recovery he’s been predicting for several years is now finally at hand.

Greek Kiosks On The Way Out

- April 11, 2014

Another piece of Modern Greece’s cultural heritage, the little street kiosks known as Periptera, will become a thing of the past.