Greece

The President of the New Democracy party and leader of the Greek opposition Kyriakos Mitsotakis gave an interview on Wednesday, announcing that he will sponsor a bill which will halt the already-voted upon reduction of the country's tax-free threshold. Speaking...

The International Monetary Fund (IMF) wants Greece to legislate a lower tax-free threshold and pensions which would be implemented in the “near future” and after the economy has started recovering, its spokesman Gerry Rice said at a regular press...

Greece is to lower the tax-free threshold for low incomes in order to close the evaluation of the bailout program, a Kathimerini report says. The proposal for lowering the tax-free threshold to incomes of 6,000 euros per year and above...

The Greek government previously announced that it was going to create an application where taxpayers could keep track of their financial transactions in order to know when they reach the set amount needed to cover a tax-free threshold. However,...

Greece's EU creditors see the cancellation of the counter-measures that were to accompany the scrapping of the reduction of the tax-free ceiling as problematic, a Kathimerini report says. The aim of the reduction of the tax-free ceiling measure that was...

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program, which also paves the way for talks on debt easing. According to sources close to the...

Peter Dolman, the chief of the IMF delegation in Greece, said on Thursday that Greek Premier Tsipras' announced relief measures ''are moving in the wrong direction.'' Speaking at the third International Conference of the Economic Chamber of Greece, Dolman noted...

Despite the government's efforts to put a positive spin on the Eurogroup agreement and the new austerity measures, Greek citizens are not convinced that the country is on the way to economic recovery, a new survey shows. The new Prorata...

The Greek parliament approved on Friday the last batch of prior actions on pensions, collective labor agreements and the tax-free threshold demanded by the country’s lenders to conclude the second program review with the votes of the government coalition. In...

A nationwide strike has paralyzed Greece on Wednesday, while in parliament government and opposition parties have started a heated discussion over the new austerity measures tabled for voting. Train, bus, ferry and airline services are disrupted while private and public...

Greek taxpayers and pensioners are called upon to pay over 4.5 billion euros after the reduction of the tax-free income and pension cuts in order for the government to close bailout program review. Specifically, the lowering of the tax-free threshold...

Alexis Tsipras and his cabinet always find something to celebrate. From unfinished highways and under-equipped hospitals they inaugurate with aplomb worthy of banana republic dictators, to paltry handouts to pensioners after they had them drained with pension cuts. Oblivious...

Τhousands of people gathered in Athens and major cities across Greece on Friday to protest against the new round of austerity measures that the Greek government agreed on. Five hours before the protest organized by PAME, a Greek Communist Party...

In debt-ridden Greece all logic seems to be lost after Friday's announcement by Eurogroup chief Jeroen Dijsselbloem that the second bailout review is close to being completed and lenders will return to Athens to iron out the final details....

The teleconference between Greek officials and lenders' representatives scheduled for Wednesday was cancelled, making it impossible for any progress to be made in Friday's meeting of euro zone finance ministers in Malta. According to Greek officials, the teleconference was cancelled...