Greece Looks at Speeding up Port Sale
The head of Greece's privatization agency says he is considering speeding up the sale of the country's principal port to help plug a giant hole in its sputtering privatization program.
Eurozone Youth Face Unemployment Catastrophe
Youth unemployment hit nearly 60% in Greece in February, according to new figures published on Tuesday by the Eurostat statistics agency , revealing widespread job losses across the Eurozone as austerity wreaks a "cycle of decline."
Head of Greek Privatization Agency Resigns
The head of Greece's privatization agency and a senior finance ministry official resigned Saturday, after they were charged with dereliction of duty during their former tenures as board members of the country's state-owned power company.
Sweden tells unemployed youth to look for work in Greece
Sweden's government-funded employment agency has come up with a novel solution for tackling high youth unemployment. It has suggested the jobless look for work in austerity wracked Mediterranean countries including Greece and Spain.
Greece to Quicken Sales of State Firms
Greece's newly elected prime minister said he would ramp up privatizations, close down dozens of state agencies and overhaul the country's dysfunctional public sector.