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Greece Business News. Service for global professionals. Constantly updated news and information about Greece.
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Latest Greece Business News

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  • Portugal, Italy, Greece and Spain (PIGS): Cracks in the European Union 8 Dec 2009 22:37 GMT
    ... Greece on Tuesday [Dec. 8] became the first ... rating cut to below single-A ... sending Greek shares and government bonds sharply lower... And ... year (4 times the EU limit). Greek businesses are hurting from a stronger euro, which ...

  • Greece Rattles the Euro Zone 10 Dec 2009 17:22 GMT
    ... As the global financial crisis rocks Greece, Europe faces a question as basic as ... all? On Dec. 8, Fitch Ratings downgraded Greek government debt, based on new estimates that ... to contemplate." is the Economics editor for BusinessWeek and covers a wide range of economic ...

  • Czech, Greek presidents for Turkey in EU 3 Dec 2009 07:32 GMT
    ... Czech, Greek presidents for Turkey in EU Prague, Dec ... 2 (CTK) - The Czech Republic and Greece support EU enlargement to include other Balkan ... accompanied by a large group of Greek businessmen. Papoulias Wednesday also met Prime Minister Jan ...

  • Greeks blame weak governments for financial crisis 11 Dec 2009 09:34 GMT
    ... or barricaded against two days of riots, Greeks blame a stream of weak governments for ... euphoria from hosting a successful Olympic Games, Greece's first recession in 16 years has brought ... installed steel shutters over but has seen business decline, as have many others lining the ...

  • In political wreckage, Greeks cling to euro 11 Dec 2009 10:15 GMT
    ... or barricaded against two days of riots, Greeks blame a stream of weak governments for ... euphoria from hosting a successful Olympic Games, Greece's first recession in 16 years has brought ... installed steel shutters over but has seen business decline, as have many others lining the ...

  • Euro zone must help Greece, says Merkel 11 Dec 2009 07:44 GMT
    ... Euro zone must help Greece, says Merkel The euro zone has a ... on markets unnerved by Fitch Ratings cutting Greek debt to BBB+ with a negative outlook, ... this year to 9.1 percent in 2010. Business World is a service of Media World ...

  • Greece admits it is riddled with corruption 11 Dec 2009 18:12 GMT
    ... Greece admits it is riddled with corruption Published: ... his fellow European Union leaders that the Greek public sector was riddled with corruption. At ... the Greek economy’s problems, such as low business competitiveness and a public debt poised to ...

  • WRAPUP 2-Greece vows action on debt as peers pile on pressure 9 Dec 2009 16:56 GMT
    ... ATHENS, Dec 9 (Reuters) - Greece vowed on Wednesday to do whatever it ... in a decade. The risk premium on Greek government bonds jumped and bank stocks tumbled ... of all in Greece's court,' Weber told business journalists in Frankfurt, adding he expected a ...

  • Greece pledges cuts in bureaucracy 11 Dec 2009 10:55 GMT
    ... | Last updated: December 11 2009 10:31 Greece has acknowledged to its European Union partners ... debt are exacerbated by a lack of business competitiveness and a crisis of international confidence ... to address the structural problems of the Greek economy,” said Mr Barroso. But other participants ...

  • Greece vows action on debt as peers pile on pressure 9 Dec 2009 16:41 GMT
    ... ATHENS (Reuters) - Greece vowed on Wednesday to do whatever it ... in a decade. The risk premium on Greek government bonds jumped and bank stocks tumbled ... of all in Greece's court," Weber told business journalists in Frankfurt, adding he expected a ...

  • REFILE-WRAPUP 1-Greece vows action on debt under peer pressure 9 Dec 2009 13:55 GMT
    ... ATHENS, Dec 9 (Reuters) - Greece's prime minister vowed to do whatever it ... to the lowest in the euro zone. Greek financial markets were hammered on Wednesday. The ... of all in Greece's court,' Weber told business journalists in Frankfurt, adding he expected a ...

  • CORRECTED-WRAPUP 1-Greece vows action on debt under peer pressure 9 Dec 2009 16:37 GMT
    ... ATHENS, Dec 9 (Reuters) - Greece's prime minister vowed to do whatever it ... to the lowest in the euro zone. Greek financial markets were hammered on Wednesday. The ... of all in Greece's court,' Weber told business journalists in Frankfurt, adding he expected a ...

  • Greece vows action on debt under peer pressure 9 Dec 2009 14:13 GMT
    ... Greece's prime minister vowed to do whatever it ... to the lowest in the euro zone. Greek financial markets were hammered on Wednesday. The ... of all in Greece's court," Weber told business journalists in Frankfurt, adding he expected a ...

  • CORRECTED - Greece vows action on debt under peer press 9 Dec 2009 16:34 GMT
    ... Greece's prime minister vowed to do whatever it ... to the lowest in the euro zone. Greek financial markets were hammered on Wednesday. The ... of all in Greece's court," Weber told business journalists in Frankfurt, adding he expected a ...

  • CORRECTED: Greece vows action on debt under peer pressure 9 Dec 2009 16:42 GMT
    ... 2nd paragraph to remove erroneous reference to Greek bonds losing investment grade ATHENS (Reuters) - Greece's prime minister vowed to do whatever it ... of all in Greece's court," Weber told business journalists in Frankfurt, adding he expected a ...


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