New Measures
Greece
Greek Coalition Voted the Austerity Measures Amid Strong Reactions in and out of House
The SYRIZA-ANEL coalition on Thursday night voted for the harsh austerity measures required by Greece's creditors amid strong reactions from the opposition and thousands protesting outside the House.
All 153 lawmakers of the two ruling parties voted for the measures...
Economy
Gov Source Says IMF’s Harsh Demands Will Not Be Accepted
The government will not accept the harsh measures demanded by the International Monetary Fund (IMF), a government source said on Friday.
“Not just this government, but no government can accept the package of new measures totaling 4.2 billion euros requested...
Greece
Greek Farmers Warn of Protests Due to New Government Measures
Northern Greek farmers are currently on standby, ready to take to the streets if necessary. A warning had already been sent to the government, about further protests due to the changes to the tax and pension status of farmers,...
Greece
Panhellenic Seamen's Federation to Hold 48 Hour Strike
The Panhellenic Seamen’s Federation announced that it would be holding a 48 hour strike starting on Monday, November 2 at 6 am. All Greek ferries will remain tied in ports across the country and no route will be serviced.
Meanwhile,...
Economy
Stournaras: 500 million euros Should Come From Social Security Funds
The Greek Finance Minister Yiannis Stournaras opened the discussion for new measures saying that next year the government will seek an additional 500 million euros in budget cuts from social security funds.
In an interview with Greek newspaper “Ta Nea”...
Economy
New Economic Measures of 3 Billion Euros
The Greek government will have to decide on new measures requiring up to 3 billion euros within the next 15 to 20 days, until the return of troika to Greece, the final report of which will determine the 32...
Greek News
Express Tribune Says Greece’s Crisis is Lesson for Pakistan
The financial woes of Greece are a harsh lesson for all nations and Pakistan can also benefit if it takes a few pointers. Apart from economic stability, Pakistan needs to make changes in other avenues of the society before...