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More than 1 million unemployed in Greece

This is equal to the record 20.9% of the population, according to the data of the national statistical service for November 2011, the average unemployment rate in the eurozone is 10.4%, a new 48-hour strike on Friday and Saturday.

PSI + negotiations are over

GRReporter | 14:54 | 08.02.12 |

I’m moving, because ... I’m getting poor

GRReporter | 17:51 | 05.02.12 |

The meeting between Lucas Papademos and the party leaders ended without consensus

GRReporter | 22:32 | 05.02.12 |

Papademos meets with the Troika and the political leaders are postponed for tomorrow

GRReporter | 20:56 | 04.02.12 |

Private creditors bind the PSI with the negotiations for the new bailout

GRReporter | 14:34 | 02.02.12 |

Top managers are pessimistic about the future of Greece

93% do not believe that the government is able to cope with the economic crisis, the lack of fresh money on the market and excessive taxes are the...

GRReporter | 15:01 | 31 01 12 |

PSI postpones travel bookings

Employees in the tourism industry associate the developments in the economy with bookings. Economic instability in Greece does not allow them to make...

GRReporter | 20:01 | 30 01 12 |

The merger of Alpha Bank and Eurobank EFG is postponed

The two major Greek private banks will not merge before the end of the PSI procedure, the first bank announced. There are no grounds for delaying the...

GRReporter | 17:01 | 30 01 12 |

Insurance companies have found a way to cope with the damages caused by PSI

In the last two years, they gradually repaid the damages from the devaluation of the Greek bonds, some sold many of the bonds they were holding,...

GRReporter | 14:01 | 30 01 12 |

Greece is tenacious when it comes to the salaries and the budget commissioner

The country is ready after all to privatize some enterprises and also to create some off-shore areas in order to attract investments. None of the...

GRReporter | 21:01 | 29 01 12 |

Greek political leaders do not agree to the suggestions of the Troika

In the country there is no consensus upon the terms for the new rescue package of 130 billion euro, the government is discussing the possibilities...

GRReporter | 13:01 | 29 01 12 |

Creditors finally pushed Greece to the wall to make reforms

A sharp reduction in the private sector wages to the levels of Spain and Portugal, the dismissal of 150,000 employees in the public sector and...

GRReporter | 14:01 | 28 01 12 |

"Some" progress in the negotiations for the Greek PSI

New meeting of the Executive Director of the Institute of International Finance Charles Dallara with Prime Minister Lucas Papademos, the shares of...

GRReporter | 14:01 | 27 01 12 |

The new homeless in Athens – well-educated, entrepreneurs and fired before retirement

People from the non-government organization Klimaka think efforts should be made not only to give the homeless food and shelter, but also to...

GRReporter | 22:01 | 26 01 12 |

Queue for free vegetables in Syntagma

Over five thousand people looted 30 tons of vegetables, which the farmers of Thebes gave for free.

GRReporter | 18:01 | 25 01 12 |

PSI negotiations continue in Athens today, contradictions remain

The Executive Director of the Institute of International Finance Charles Dallara arrives for the final round of talks with Prime Minister Lucas...

GRReporter | 15:01 | 26 01 12 |

Farmers are to declare war on the state for European benefits

This year's protests are expected to be modest and they are not expected to block roads and border crossings so far. Their main problem remains...

GRReporter | 22:01 | 24 01 12 |

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