Greece News

According to the Foundation for Economic and Industrial Research, or IOBE, Greece’s economy is slated to stabilize this year may possibly achieve some small growth based on projections.

Athens - Trials, suffering, resurrection: the essence of Easter has a special ring to Greeks as the country hopes to pull through a painful six-year recession.

Athens - Two suspected members of Greek neo-Nazi party Golden Dawn were sentenced Tuesday to life in prison over the fatal stabbing of a Pakistani immigrant last year, a judicial source said.

Athens - Greece's short-term borrowing costs tumbled on Tuesday, days after the crisis-hit country returned to medium-term international bond markets for the first time for four years. Athens paid 2.75 percent interest on 1.625 billion euros ($2.

Athens - Tourist arrivals in Greece increased by 15.5 percent in 2013, the state statistics agency said Monday, a year when the country stabilised its shaky economy and avoided a messy exit from the euro.Overall, there were over 17.

Athens - Police in Athens scuffled with protesters opposed to shops opening on Sunday, a week before Orthodox Easter.The incident occurred on the capital's main shopping street.

Athens - Greece will issue more bonds after last week's successful five-year debt sale that ended a four-year drought, the head of the debt agency said Sunday.

Athens - Greece's Eurobank on Saturday said its board had approved a 2.86-billion-euro ($4-billion) capital increase, in the latest move by one of the country's biggest lenders to bolster its reserves."The general meeting approved...

Athens - German Chancellor Angela Merkel on Friday said she "firmly believed" there was untapped potential in Greece after years of tough austerity reforms that culminated in a bond comeback this week.

Athens - Greece was set on Thursday for a milestone return to bond markets with a five-year debt sale which also sends a major signal that the eurozone debt crisis is fading.