Sanitary Landfill Workers Strike in Rethymno

Sanitary landfill workers have not been paid for the last five months. As a result they refused to work today, July 13th and...

Research Shows Over 100 Million Euro Allotted to NGOs

More than 100 million euro has been given for grants to Non-Governmental Organizations. This is the outcome of research carried out by the...

Greece Sells EUR1.625b 26-Week T-Bills

Greece sold €1.625b of 26-week treasury bills with a uniform yield of 4.90% at an auction on Tuesday, said the Greek Public Debt Management...

State Budget Deficit Widens 28% in First Six Months

A greater recession than expected has caused Greece’s central government deficit to widen by almost one third in the first half of 2011 already. As...

Eurobank Close to Merger with National Bank of Greece

Rumours say that Eurobank is close to a merger with The National Bank of Greece. According to Axia newspaper, the merger is very close to...

Finance Ministry Focuses Efforts on Outstanding 41.1 Billion Euro Tax Debt

Greece’s Finance Ministry on Friday announced that it will focus its efforts to boost tax revenues on 14,700 taxpayers with outstanding debts of more...

Greece To Sell €1.25b 26-Week Treasury Bills

Greece will sell €1.25 billion of 26-week Treasury Bills at an auction on July 12, said the country’s Public Debt Management Agency, according to...

State Revenue Decreased In June 2011

Greece’s tax revenues in June were hit by the recession and the large tax refunds that caused the measure of receipts. According to Finance...

Athens Exchange to Support Small & Medium Enterprises

130 small and medium-sized companies responded to the invitation by the Athens Stock Exchange administration and attended a gala about the alternative market. 50...

6/10 Greeks Not Vacationing This Year

6 Greeks out of 10 are not going on vacation this year, due to financial problems and high costs of ferry tickets. This is revealed in...

German Banks Agree To Participate In New Greek Aid

Germany΄s major banks have agreed to take part in a new aid program for Greece by accepting longer maturities on some EUR2 billion in...

Unions Plan Yet Another Strike June 28th & 29th

Another 48-hour general strike for June 28th & 29th by Greek unions! The unions plan to protest against a new 28 billion euro austerity package....

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