IMF

Greece's unemployment rate fell slightly to 26.4 percent in December, 2012, down only 0.6 percent from a record high the month before, but many analysts said there's no reason to feel optimistic yet. There were 1,321,236 people jobless, according...

Envoys from Greece's international lenders are squeezing the uneasy coalition government led by Prime Minister Antonis Samaras, the New Democracy Conservative leader to push the pace of reforms - including firing public workers, privatizing state entities and ending professional...

With Cyprus’ economy still teetering on the edge of collapse because its banks lost billions in their holdings in devalued Greek bonds, the new conservative-led government has agreed to let accountants check the country’s books to persuade international lenders...

Under pressure from international lenders to reduce the public workforce by 150,000 over the next three years, the Greek government is resisting demands to lay off civil servants but said it is going to identify 7,000-8,000 who have been...

"The Greek tax authorities are incompetent and do not want to levy a large amount of tax debt," Spiegel journal cited in a report, Incompetent Tax Inspectors. According to Deutsche Welle, the German magazine’s report said that "the IMF and...

In an apparent attempt to revise his role in the Greek economic crisis when he was finance minister, PASOK Socialist leader Evangelos Venizelos has claimed that the country's international lenders in 2011 offered a chance for an exit from...

The European Union and International Monetary Fund, who, along with the European Central Bank, make up Greece's Troika of lenders of last resort, have issued a report damning the country's tax collection system as broken. To indicate the size of...

Following a report from Greece’s creditors that shows tax collections are far off course despite big tax hikes, the International Monetary Fund has warned that unless revenues rise and tax cheats are caught that the government will be forced...

Inspectors from the Troika of Greece's international lenders will return to Athens next week as the uneasy coalition governments they will demand a picked-up pace of layoffs and firings to reduce the public workforce by 25,000 this year. Worried about...

Greece’s neo-Nazi Golden Dawn party, which has actively been recruiting high schoolers to indoctrinate them, has been giving what it calls “national awareness” lessons to elementary school students aged 6-10 to teach them “Greek ideals,” its officials have admitted. On...