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Monthly Archive - January 2010

January 29, 2010

Budget operator easyJet has announced a host of new cheap flights to Greece for this summer as the airline improves its services from Gatwick. The airline already flies to seven destinations in Greece from Gatwick, including Rhodes, Athens and Corfu. The new routes will expand the Greek offering from easyJet ...

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January 28, 2010

There is a need to clear up some misconceptions about how Greece, or some other fiscal miscreant in the 16-nation eurozone, would be rescued by its partners in the event that it was unable to refinance its debts. Quite a few commentators seem to think eurozone governments would find it hard ...

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January 27, 2010

Greece is greeting European outrage over its dubious economic data with repentance, defensiveness and fear that no one will believe them again-even if they do clean up the statistics and accounting agencies slammed by an EU report for faking growth and deficit figures. "Right now, even if everything they say is ...

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January 26, 2010

Greece's cabinet approved an economic recovery plan today promising to drastically reduce its huge budget deficit to 2% of annual output in 2013, and warned it could introduce additional taxes and spending cuts if necessary. Finance minister George Papaconstantinou said the blueprint, intended to reassure Greece's increasingly jittery European Union partners, ...

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