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Raytheon picks Intracom for UAE Patriot
Raytheon, the world's major manufacturer of missiles has announced that it has picked Greece based, Intracom Defense Electronics.Under $55.7 million deal, Intracom Defense Electronics will manufacture...
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No Euro Zone Aid Plan for Greece
An EU executive put down a report published in a German magazine that claims that the Euro zone could provide a $20-25 Euros aid to Greece, on Monday. "I have no comment on such a plan that does not...
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Eurozone Not Preferred for Investments
As region's Government debt crisis escalates, the euro zone has seen huge net outflows of mutual portfolio and direct investments in March, which has also reflected a pullback by the investors. After...
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Economy of Greece fell down by 1.5% again
According to the statistic agency of Greece, the economy of the country has seen a further 1.5% fall in the second quarter of this year. This fall has resulted 0.8% fall in the GDP compared to the...
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Greece is ready to receive next part of the loan-Says EU
According to the European Commission, Greece has fulfilled all the terms and conditions to receive the second installment of the rescue loan of 110 billion euros.read more
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Greece Witness Falling Standards of Healthcare
It has been revealed, according to a recent reports, that health facilities in Greece has seen a downturn, mainly due to the economic crisis that seems to see no end soon.read more
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Greece Getting Caught in the Grips of HIV
Greece is going through the most turbulent period of its life time. When it was hit by debt crisis, the world remained positive about it and efforts were made by whole world to help Greece in...
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Plunging Economies of World Causing Worries
It is believed that in the coming time, Spain might be in need of bailout as the global markets are continuously declining. Concerns over the global financial markets have pushed Spain to keep the...
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Spain Needs To Set New Economy Management Strategies
It has been reported that the government of Europe has taken back its decision of providing aid to Spain and Greece. During a meeting, held in Cyprus, the finance ministers said that the decision to...
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One Beer Improves Health Status of Heart: Research
The Harokopio University researchers have found through a study that a glass of beer can enhance the health condition of heart. The study encapsulated observation of 17 men who were in their late 20s...
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Advantages of Mediterranean Diet: Greek Study
As per a recent study by some Greek researchers, it has been unveiled that the Mediterranean diet is low in carbohydrates. This can aid in guarding humans against type 2 diabetes. According to...
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Euro Leaders Getting Prepared for Third Greece Bailout
Despite receiving two bailouts of nearly _240bn, Greece is not able to make its economy competitive and stabilize the job markets. The structural reforms have not been able to better the economic...
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Elections in Greece to Decide the New path for the Troubled Economy
Next week its election time in Greece. The nation could be heading towards its first step to move out of the euro zone or getting ready to take on the European Union into a spiteful debt war which...
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Greece’s Talk with Creditors Fail to Bear Fruits on Sunday
On Sunday, the talks held between the misters of Greece and its bail out creditors did not bear any fruitful result as the talks collapsed when the fresh proposal of reforms failed to impress and was...
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Insignificant Changes in Bond Yields and Negligible Panic Selling of Euro,...
For the Irish bond market, reaction to Greece's decision to reject the spending cuts demanded by the creditors did not have a significant effect. There was a marginal climb of the Irish bond yields on...
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Greece Buys Time Till Sunday for the Final Summit
The Greek financial problems headed nowhere and the Greek Prime minister failed to come up with any detailed bailout proposal as the eurozone leaders met on Tuesday.read more
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