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Athens Holds Classic Cars Auction

British auction house Coys has put together an enticing spread of classic cars and motorcycles – most with Greek ownership history – for its 14 June sale in Athens.

Democratic Left Faces Challenges

At a time when the so-called Center-Left is trying to pull itself together, one of its main pillars, the Democretic Left (DEMAR) is showing a total lack of cohesion. Following the resignation of its leader, Fotis Kouvelis, it did not take long for teeth to be openly bared at the party’s Central Committee meeting on Saturday, "forcing" Fotis Kouvelis to resume his leadership duties at least until the next party congress.

Gikas Hardouvelis Appointed New Finance Minister

Today, Greek Prime Minister Antonis Samaras has reshuffled his administration, and replaced Finance Minister Yannis Stournaras with Eurobank Chief Economist Gikas Hardouvelis.

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Who is the New Finance Minister?

Virtually unknown in Greek politics, but with a distinctive career in Economics, Professor Gikas Hardouvelis is the kind of technocrat the PM needed for the upvoming Troika negotiations.

ELSTAT Notes Exports Drop

Greek exports fell significantly in April, while imports eased moderately, according to the latest stats released by the Greek Statistics Authority ELSTAT.

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