Politics
Economy
Corruption Costing Greece $13.5 Billion Annually
ATHENS – As Greece tries to tax its way out of near-bankruptcy – along with pay and pension cuts and layoffs – a major part of a solution, catching the country’s notorious tax evaders, could bring in more than...
Greece
Papademos: Property Tax Right Measure, But Mistakes Occurred
Property tax was rightly adopted, but mistakes were made, said Greek PM Lucas Papademos in the Parliament.
In a response to communist party leader Aleka Papariga, he said that the property tax contributes to the fiscal consolidation effort of the...
Economy
Another Greek Strike Draws Yawns, No Violence
ATHENS – After 18 months of protests, riots and strikes, another walk off the job by Greek workers on Dec. 1 shut down many services in the capital and elsewhere in the country, but there was no repeat of...
Economy
IMF To Meet Monday On Greek Financing
International Monetary Fund officials will meet Monday to discuss Greece's efforts to stem its debt crisis, as concerns about the euro zone persist.
Fund spokesman Gerry Rice told reporters that the fund's board will meet Monday to discuss the IMF's...
Greece
FYROM to Suggest Deadline for Solving Name Dispute Issue
According to FYROM newspapers, FYROM is going to propose a deadline for Greece to solve the name dispute between the two countries,
The Balkan country's Interior Minister Nikola Poposki says that FYROM should engage with a deadline to fix the...
Greece
Unions Take to the Streets in General Strike
Emergency staff ran hospitals, schools closed and thousands of austerity-weary Greeks[...]
Greece
Pantelis Kapsis (Ex-newspaper Editor) Appointed Government Spokesman
Journalist Pantelis Kapsis was appointed the interim government’s spokesman and Minister of State on Tuesday.
Pantelis Kapsis was a personal appointment of Prime Minister Lucas Papademos.
For many years the managing director of the newspaper Ta Nea, Pantelis Kapsis, who now...
Greece
Pangalos Swears At Indignant Greeks in real “French” (video)
And here we are with a major political issue. “Political” in terms that here comes the Greek deputy Prime Minister Theodoros Pangalos and swears at Greek citizens, precisely the “Indignant Greeks” movement. Speaking to French television TV5, the deputy...
Greece
New Government Faces Union Action
The new government this week faces its first labour challenge with unions hitting the street against[...]
Economy
Greece Gets it Loan, but Worries Mount Faster
ATHENS – After weeks of anguish, Greeks found out that international lenders providing the country with a series of bailout loans will release a delayed $11 billion installment needed to keep paying workers and pensioners, but it curiously did...
Economy
Greek Statistics Chief: "I’m Being Prosecuted for Not Cooking the Books”
ATHENS – Greek Statistics Chief Andreas Georgiou, an American-trained economist and former chief of numbers for the International Monetary Fund brought in last year to restore accuracy to the country’s reporting systems, says a pending probe against him on...
Economy
Eurozone Ministers OK Euro 8 Billion Greek Loan
The finance ministers averted an imminent disaster in Greece, approving the next installment of the country's bailout loan — euro8 billion. Without that money, Greece would have run out of cash before Christmas, leaving it unable to pay its...
Economy
Papandreou Defends Respect for Commitments
Ahead of the Euro Group meeting and the likely concession of the 6th 8-billion euro aid tranche to Greece, former socialist Premier George Papandreou sent two letters last night regarding the conditions that come with the loan.
The first letter...
Greece
Anti-Immigrant Barrier to be Put Up Along Evros Borders
“Problems with illegal immigrants are well known, but I must stress that this is the first time a comprehensive plan is being forwarded, aiming at restraining and managing their flow” said Deputy Minister for Citizen Protection Mr. Michalis Othonas.
The...
Economy
Consul General of Turkey Talks About Greece's Economic Situation
Consul General of Turkey in Thessaloniki Mr. Tuğrul Biltekin talked about Greece's economic crisis during the recent one-day-conference titled 'Greece-Turkey: cooperation challenge' that was held in Thessaloniki. In particular, Biltekin said that Turkey is currently the only country that...