No Holiday for Greek Government: Make or Break Time

ATHENS – As the bad economic news keeps piling up for Greece - retail sales for this year were down 30 percent, and storeowners...

Cabinet Meeting To Discuss On Reduction Of Supplementary Pensions

Greek Labour Ministry and Troika postponed the discussion on critical issues of derail of pension funds’ finances and new interventions until January. Troika’s officials stressed...

Greeks Bracing for Another Round of Tax Hikes

As Greeks struggle through a Christmas season shorn of much of their bonuses, the government is[...]

Papademos Supported By Majority Of Greeks – Poll

Recently appointed Greek Prime Minister Lucas Papademos enjoys the support of the majority of Greeks with four in 10 saying he should remain at...

Greece’s Investors Reluctant to Take a Bath

ATHENS – Only a day after Greek officials said they were optimistic about reaching an agreement with banks and investors to write down as...

Troika Tells Greece: Action, Not Talk

ATHENS – Official from the Troika of international lenders keeping Greece on economic life support with rescue loans will wrap up a 10-day visit...

Six in 10 Greeks Want Elections by February, MRB Poll Shows

Six in 10 Greeks say elections should be held by Feb. 19, a date tentatively set during government-formation talks last month, an opinion poll...

Elections And New Measures Cause Government Turbulence

Greek government’s tenure is determined by the work to be done, said spokesman for Greek PM Lucas Papademos, in an attempt to deal with...

Former General Secretary of Greek Finance Ministry Says Entrenchment Cases Give Boost to Tax...

The former General Secretary of Information Systems of the Greek Finance Ministry, Diomidis Spinellis talked about corruption in Greece and the '4-4-2 system' (or...

Greece: The Incredible Shrinking Country

ATHENS – Even as interim Prime Minister Lucas Papademos, who is leading a temporary coalition government, insisted that he’s on track to keep international...

IMF Says Greeks Taxed-Out; 150,000 Will Lose Their Jobs

ATHENS – Buried under waves of austerity measures, beleaguered Greeks shouldn't have to suffer any more tax hikes, one of its principal international lenders,...

Politicians Revive Elections Talk

Just seven days after the enactment of the new budget plan, PM Lucas Papademos plans to convene a cabinet meeting in order to speed...

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