Kallakis Jailed For Defrauding UK Banks

A Greek businessman who defraud UK banks out of some 750 million British Pounds, or $1.18 billion and lived a jet-set lifestyle of high-stakes...

Sinn Sees Greece, Cyprus Leaving Euro

The German economist and President of the Ifo Institute for Economic Research in Munich, Hans-Werner Sinn, spoke in favor of a temporary exit from...

Greek Mythology Figure Featured on New €10 Banknote

Today was the unveiling of the new 10€ banknote that will start circulating later this year. As the ECB stated earlier today, the new banknote will...

Chountis Questions Eurozone Chief’s Standing

Nikos Chountis, a Member of the European Parliament from Greece's major opposition Coalition of the Radical Left (SYRIZA) challenged the competency of Eurozone chief ...

Markets Prepare for New Aid to Greece

“There is almost no private investor who could be scared of the news about a new rescue package to Greece,” Jörg Kraemer chief economist...

Müller: IMF Destroyed Greece to Sell Out its Deposits

German financier Dirk Müller, also writer of the book Showdown, in his interview to the Ιnternet version of Focus magazine, supports that the USA...

Greece’s Banking Ambitions in Turkey Fading Away

The construction of the 303-million-euro ($383 million) glass diamond-shaped skyscraper in the heart of Istanbul, Turkey,  is due to be completed. The pompous building...

Bundesbank Chief Dismisses Speculation over New Greek Haircut

Jens Weidman, chairman of the Bundesbank and board member of the European Central Bank (ECB), made it crystal clear that there is no possibility...

Greek Ecomony Needs Another Two-Three Years

The time hasn’t come yet for Greece to open itself to markets, supports the economist Anastassios Frangulidis. "An exit path however is visible and...