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Checks bounced ever higher in July (eKathimerini) Aug 19, 2008 The number of bouncing checks recorded by the country˘s banking system shot up by an annual rate of more than 30 percent in July, indicating a severe downturn in conditions among traders.... House prices dip in line with trend (eKathimerini) Aug 15, 2008 House prices in Greece dipped by 0.62 percent in the first quarter of the year as the credit crunch and inflation weigh on the global housing market, according to researcher Global Property Guide.... eKathimerini OSE to get back on track (eKathimerini) Aug 13, 2008 Transport Ministry says staff cuts, fare review will help improve railway service... HSBC expects mixed bank H1 figures (eKathimerini) Aug 09, 2008 First-half data for the major Greek banks will be mixed, according to HSBC.... Bulgarian shepherds eye Greek subsidies (eKathimerini) Aug 09, 2008 Bulgarian farmers, disgruntled with their government’s refusal to approve the payment of European Union livestock subsidies, have decided to cross the border with their sheep, hoping for more favorable treatment in Greece.... Brussels withdraws recognition of Hellenic Register of Shipping (Lloyd's List) Aug 04, 2008 GREECE’s classification society, the Hellenic Register of Shipping, has suffered the ignominy of having its recognition withdrawn by the European Commission.... Greek labour unions vow to fight new wage law (Guardian) Aug 02, 2008 Greece's powerful unions on Friday pledged nationwide strikes to protest against a new public sector wage law which ends employees' right to collective wage contracts.... Gods, Sunshine Smile as Greece's Wines Move on From Car Polish (Bloomberg) Jul 31, 2008 In the Nemea Valley, where Hercules came to slay the lion, the clan of Piraeus Bank SA Chief Executive Officer Michalis Sallas is looking to create another Greek legend: Domaine Helios Grande Reserve Red.... Hutchison named preferred bidder for Thessaloniki port (Reuters) Jul 30, 2008 Greece's Thessaloniki Port Authority said on Wednesday Hutchison Port, teamed up with Greek pharmaceutical group Alapis, was the preferred bidder of a tender to run its cargo facilities.... Greeks sit on early 250 million euros in old drachma: central bank (EU Business) Jul 29, 2008 Greeks are still clinging onto nearly 250 million euros (393 million dollars) in old drachmas six years after the currency was phased out to be replaced by the euro, the Bank of Greece said on Tuesday.... Crisis no threat to growth, jobs (eKathimerini) Jul 29, 2008 Finance Ministry says second-quarter GDP expansion rate slowed to annual pace of about 3.2-3.3 percent... Greek MIG buys 50 pct of Croat tourism group Sunce (Reuters) Jul 28, 2008 Greek buyout firm Marfin Investment Group (MIG) (MRFr.AT: Quote, Profile, Research) bought a 50 percent stake in Croatian tourism group Sunce Koncen as part of its expansion plans, MIG said in a statement on Monday.... Greek watchdog fines phone co OTE 9 mln euros (Reuters) Jul 28, 2008 Greece's telecoms regulator (EETT) has fined the country's largest phone group OTE a total of 9 million euros ($14.2 million) for breaching competition rules, the watchdog said on Monday.... Tax, social security cheats cost over 21 bln euros a year (eKathimerini) Jul 25, 2008 Tax dodgers and businesses not paying social security contributions are costing the country each year more than 21 billion euros, or some 10 percent of gross domestic product (GDP), according to National Economy and Finance Minister Giorgos Alogoskoufis.... Russian visitors projected to rise by 40 percent this year (eKathimerini) Jul 25, 2008 PAOK is close to completing the signing of one of the most notable soccer players ever to join the Thessaloniki club, Uruguay international midfielder Pablo Garcia....

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