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GEORGE PAPACONSTANTINOU
- On track to meet deficit targets: Greece
The Greek finance minister says his country is on track to meet its targets of reducing the deficit this year.
- Greece to sell stakes in railways, utilities
Greece's cash-strapped government will sell off stakes in loss-making Hellenic Railways as well as state-controlled water companies and the...
- Greece's borrowing costs sink after euro deal
Near-bankrupt Greece's borrowing costs fell sharply Monday and stocks rallied after the European Union unveiled a $1 trillion plan to conta...
Greece wants to return to markets next year: ministerGreece hopes to return to the markets next year to raise funds for its debt payments, but will not need to borrow before early 2012.
- Greece accepts terms of EU-led bailout
We are all being called to make a choice. It is between fleshing out a very ambitious and difficult 3-year programme of fiscal consolidatio...
- Greece agrees austerity plan, unions vow battle
Greece announced swingeing spending cuts Sunday to clinch a 110-billion-euro international bailout, warning that widespread sacrifices were...
- Greek deal foresees 30 bn euro in cuts: Finmin
Greece has agreed a package of austerity measures with the EU and IMF under which it will cut the deficit by 30 billion euros over three ye...
- Greek rescue deal to be announced Sunday: Source
An EU-IMF deal to rescue Greece from its crippling debt crisis will be announced at a cabinet meeting on Sunday, a government source told A...
- Greek borrowing costs at new highs after downgrade
Three weeks away from potential default, Greece saw its borrowing costs spiral higher once again Wednesday, a day after ratings agency Stan...
- Greece to announce new deficit-cutting steps after EU-IMF talks: minister
Greece will announce new steps to slash its public deficit at the conclusion of ongoing talks with a joint mission from the European Union,...
- Challenges remain for global recovery: IMF
The IMF welcomed signs of a global economic rebound, but said challenges were still in the way, especially those related to govt finances. ...
- Greece may restructure debt: Goldman Sachs
Greece might voluntarily renegotiate its massive debt before it grows even bigger next year, a top Goldman Sachs economist said. Top gainer...
- EU to rescue Greece as Fitch downgrades debt
European Union officials said they are ready to rescue Greece, if needed as Fitch Ratings cut the country’s credit rating to the lowest inv...
- Greece does not want money from EU partners
Greece is looking for ``political backing, not money,'' from its European partners, a finance ministry spokeswoman said Sunday.
- Greek PM not looking for aid in meeting with Obama
Greek PM George Papandreou stressed that his country's financial woes are a problem the US cannot afford to ignore.
- Greece readies tax change to fight crisis
Finance Minister George Papaconstantinou says a new tax bill to be presented this week will expand the top 40 percent tax bracket to income...
- Is Greece on the verge of bankruptcy?
IMF is sending a mission to Athens this week for talks on helping debt-stricken Greece overcome its financial crisis. More on Financial cri...