Greek Government Readies Cuts to Pensions Wages Ta Nea Says

Greek Finance Minister Yannis Stournaras yesterday presented a 14 billion-euro package of spending cuts to Prime Minister Antonis Samaras, Athens-based newspaper Ta Nea reported, without citing anyone. The package, which includes cuts of between 2 percent and 20 percent to pensions and as much as a 35 percent reduction in pay for employees in state-run companies, will be finalised in talks ...

St. Louis County Greek Fest is underway

ST. LOUIS COUNTY (KSDK) - The St. Louis County Greek Fest is underway right now in Town & Country. There's Greek music and dancing, a market place, and of course fantastic Greek food. The festival runs through Sunday at Assumption Greek Orthodox Church on Des Peres Road. For more information on the Greek ...

Inside the Greece ETF

After six years of recession and three years after bailout, the Greek economy is finally showing some level of growth in 2014. In return for its international bailout, Greece has imposed several rounds of stringent austerity measures, including sweeping spending cuts and a series of tax hikes, in an effort to reform its economy. Since the recession, the country whose growth contracted more than ...

Try an authentic Greek wine for summer sipping

This Greek wines goe great with simple, grilled fish. When it comes to light and refreshing summer wines, the white wines of Greece remain below the radar but are well worth considering. Although Greek wine prices have edged up in the last few years, making them not quite the bargains they once were, it's still possible to find some very good values.One of them is ...

IMF chief Lagarde to be assisting witness in corruption trial

IMF chief Christine Lagarde says a Paris court has named her as a key witness in an investigation into a controversial payoff to an outspoken businessman arranged while she was Frances finance minister.The status ...