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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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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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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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