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Greek economy slump hurts revenues, jobs

* Budget revenue growth below target in year-to-Aug Greece's austerity measures are hurting revenues and hindering deficit-cutting efforts while more jobs are lost, fresh economic data showed on Friday. Heavy debt payments and weak revenues weighed on

Greece says it has cut public deficit by 32.2 percent

The Greek government said on Friday the country's public deficit had been reduced by 32.2 percent in the first eight months of the year. Greece added that it was on course to narrow the shortfall by nearly 40 percent for all of 2010. The deficit, along

UPDATE 2-Greece falls behind deficit target in Jan-Aug

ATHENS, Sept 10 (Reuters) - Greece missed its deficit cutting target for the first time this year, provisional finance ministry data for the January-August period showed on Friday, due to heavy debt payments and worse-than-expected revenues. The budget

UPDATE 2-Greece falls behind deficit target in Jan-Aug

ATHENS, Sept 10 (Reuters) - Greece missed its deficit cutting target for the first time this year, provisional finance ministry data for the January-August period showed on Friday, due to heavy debt payments and worse-than-expected revenues. The budget

?R beats Greece in women's basketball friendly

?TK Czech women's basketball team yesterday beat Greece 110-61 in a friendly played ahead of the forthcoming world championship.

Greek rate of deficit reduction slows

ATHENS, Greece The rate at which Greece is narrowing its budget deficit slowed slightly over the summer, although the country is still on track to meet the targets laid out in an agreement with the International Monetary Fund and EU, finance ministry

National Bank Of Greece S.A. (ETE) - Financial And Strategic Analysis Review - New Company Profile Published

The National Bank of Greece S.A. (NBG) is a financial institution. The company offers a range of integrated financial services including commercial and retail banking services, investment banking, capital markets, venture capital and advisory services,

Greece takes first gold in World Judo Championships

TOKYO, Sept. 10 (Xinhua) -- Ilias Ilidis of Greece beat Japan's Daiki Nishiyama to win the under 90 kilogram category in the World Judo Championships in Tokyo Friday.

Greek Rate of Deficit Reduction Slows

The rate at which Greece is narrowing its budget deficit slowed slightly over the summer, although the country is still on track to meet the targets laid out in an agreement with the International Monetary Fund and EU, finance ministry figures showed

Greek Rate of Deficit Reduction Slows

The rate at which Greece is narrowing its budget deficit slowed slightly over the summer, although the country is still on track to meet the targets laid out in an agreement with the International Monetary Fund and EU, finance ministry figures showed

Greek Jobless Rate Drops In June

(RTTNews) - Greece's unemployment rate eased to 11.6% in June from 12% in May, the Hellenic Statistical Authority said Friday. A year ago, the rate was 8.6%. The number of unemployed totaled 582,364 for the month, up 154,657 persons or 36.2% from the

Muslims celebrate Eid al-Fitr in central Athens

Athens - Thousands of Muslims celebrated Eid al-Fitr in central Athens on Friday, in the first such gathering permitted by authorities in the Greek capital, the only European capital without an official mosque.The Greek government has repeatedly set

Greek rate of deficit reduction slows

ATHENS, Greece -- The rate at which Greece is narrowing its budget deficit slowed slightly over the summer, although the country is still on track to meet the targets laid out in an agreement with the International Monetary Fund and EU, finance ministry

Sale of ThyssenKrupp's Greek unit may fail - report

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Greek rate of deficit reduction slows

ATHENS, Greece -- According to preliminary data issued by the ministry, the budget deficit from January to August slowed to 32.2 percent compared to last year, from the 39.7 percent reduction in the January-July period and 45.4 percent in the first six

Greek rate of deficit reduction slows

The rate at which Greece is narrowing its budget deficit slowed slightly over the summer, although the country is still on track to meet the targets laid out in an agreement with the International Monetary Fund and EU, finance ministry figures showed

A Night in Athens & 4-Nt Aegean Sea Cruise from $538

Central Holidays has built an ideal European escape for those looking to maximize a week of vacation time. Travel to Greece for a night spent in Athens followed by a four-night cruise through the sublime waters of the Aegean Sea, with prices starting at

China, Greece ink agreement on cultural exchange

Greek and Chinese authors and publishing houses here Tuesday signed a cultural exchange agreement to promote book publications in both languages. Two children's books will be published according to the agreement. One is written by a Greek author and

Research and Markets: Greece Service Station Retailing Database 2010

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Norwegian Telenor eyes Greek mobile operator Wind Hellas

Norwegian telecoms operator Telenor ASA (OSL:TEL) is interested in buying Greek mobile operator Wind Hellas, the Financial Times reported yesterday, citing sources in the know. Telenor is competing with other five interested parties, which are currently

Greek Jobless Rate Drops In June

(RTTNews) - Greece's unemployment rate eased to 11.6% in June from 12% in May, the Hellenic Statistical Authority said Friday. A year ago, the rate was 8.6%. The number of unemployed totaled 582,364 for the month, up 154,657 persons or 36.2% from the

Ancient Greeks 'the first to spot Halley's comet'

Greeks in the 5th century BC were the first to spot the Halley's comet?an event that marked a turning point in the history of astronomy. According to ancient authors, from Aristotle onwards, a meteorite the size of a "wagonload" crashed into northern

Greece deficit shrinks, unemployment drops

Greece government announced Friday that the state budget deficit shrank to 32.2 percent, reaching 14.5 billion Euros during the first eight months of this year, as stated by Greece's Ministry of Finance. In separate news, Greece unemployment rate dropped

EUROPEAN BUDGETS: No more austerity for Spain, Greece not meeting deficit goals

Spanish Prime Minister Jose Luis Rodriguez Zapatero Reuters Spain?s Prime Minister says his government has no plans for new austerity measures to cut the country?s massive public debt. The Greek Finance Ministry says the country has fallen short of

Norway oil fund deems Greek state bonds good investment - report

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Ancient Greeks saw Halley's comet

Halley's comet may have been visible from Earth in 466BC, say the researchers A celestial event seen by the ancient Greeks may be the earliest sighting of Halley's comet, new evidence suggests. According to ancient writers, a large meteorite smacked into

Ancient Greeks 'the first to spot Halley's comet'

Over the next week, sky-watchers in the Northern Hemisphere will get a rare chance to see an elusive celestial pyramid known as the zodiacal light. ANI Scientists have discovered eight new kinds of the earliest animals from the Cambrian Explosion in a

ECB's Bini Smaghi-Greece euro exit would lead to default

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ECB's Bini Smaghi-Greece euro exit would lead to default

FRANKFURT, Sept 10 (Reuters) - Greece would default on its debts if it abandoned the euro and even a 'orderly' debt restructuring could cripple an economy, the European Central Bank's Lorenzon Bini Smaghi said on Friday. Bini Smaghi, one of the ECB's six

Greek unemployment dips during June

ATHENS, GreeceOfficial data shows Greece's unemployment rate fell slightly to 11.6 percent in June from 12 percent in May, but was still well above the 8.6 percent seen a year ago, before the country was hit by a severe debt crisis.The statistics office