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New FM Hardouvelis' Immediate Monetary Goals

Newly appointed Hellenic Finance Minister Gikas Hardouvelis has immediate monetary goals to complete, for Greece to receive its two 1.0 billion euro loans.

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Cabinet Sworn In & Meets for First Time

The new members of the Greek cabinet arising after a sweeping government reshuffle were sworn in at the presidential mansion on Tuesday, in the presence of President of the Republic Karolos Papoulias and Prime Minister Antonis Samaras. Conducting the swearing-in ceremony was Archbishop of Athens and All Greece Ieronymos.

Miss USA Features Greek-American Contestant

Eleanna Livaditis competed on Sunday's 63rd Miss USA pageant, marking the first, first generation Greek-American to participate in the beauty contest.

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Hellenic Deflation Rates Advance

Last month, Hellenic consumer rates decreased by 2%, with the yearly rate of deflation advancing from a 1.3% decline in April prices, as revealed in an ELSTAT report today.

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Cyprus Plans Public Market Reentry

Cyprus is devising a benchmark public debt purchasing; if it succeeds the act would result in the swiftest reentry into the bond market by a state after a monetary rescue.

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IMF Warns Greece

Today, the International Monetary Fund stressed that Greece is required to increase its public sector effectiveness in order to make fiscal goals and not require new austerity protocols.

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Greece Appoints New Cabinet

Today brought the swearing-in of Greece's new cabinet, that occurred at the Presidential Palace in Athens this afternoon.

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