Greece

Rolf Strauch, a board member of the European Support Mechanism (ESM) spoke about the implementation terms of Greece’s new bailout package in an interview with Austrian newspaper Die Presse. Strauch stressed that reform forces dominate the new Greek parliament, noting...

The bridge loan that Greece desperately needed in order to cover the installments to its creditors has finally arrived at the Bank of Greece (BoG). “As Greece blew past multiple political and financial supposed end-dates over the past five months, July 20...

With a lengthy 11-point non paper the newly elected Greek government is attempting to review its first two months in power, while announcing that the so-called Brussels Group, discussing the Greek reforms list, is meeting tonight. As explained, during these...

In an extensive interview with SKAI TV on the morning of Saturday, main opposition SYRIZA leader Alexis Tsipras said that even if his party emerges as the winner of the general elections to be held on January 25, the...

The unified property tax known as ENFIA will be paid in six installments. The decision was made at a broad meeting chaired by Greek Prime Minister Antonis Samaras with the participation of Government Vice-President Evangelos Venizelos, Finance Minister Gikas Hardouvelis and Alternate Finance...

The Hellenic Statistical Authority (ELSTAT) has informed the Greek government that it can extend the period in which to collect Greece's new unified property tax (ENFIA). After a number of errors were discovered earlier this month in the way the...

Thousands of Greek citizens gathered early on Monday morning at the tax departments and banks throughout the country in order to give back car and motorcycle license plates and take care of pending tax obligations before the end of...

With unpaid bills piling up at more than $1 million a day, Greece's Public Power Corporation (PPC) said it will give customers who had been paying on time but fallen behind a new installment plan with up to 40...

The third installment in the highly anticipated comedy film series, My Big Fat Greek Wedding, has finally been given a release date of later this year. Nia Vardalos, who starred in the previous installments is also at the helm of...

A Cyprus passport scheme, involving officials selling passports to felons, was uncovered this summer in a sting operation by journalists.

Greek Finance Minister Christos Staikouras stated on Thursday that the country has put funding in place to cover the costs associated with the coronavirus vaccine once it becomes available, potentially at the end of this year. Earlier on Thursday, the...

Greece has taken a step in trying to stem its decline in population by approving a new law on Tuesday awarding a one-time benefit of 2,000 euros for every child born in the country as of January 1, 2020. According...

Greece has completed the early repayment of the high-interest part of an outstanding International Monetary Fund loan worth 2.7 billion euros ($2.9 billion) on Monday, the Finance Ministry announced. The action had received the required approval from European bailout lenders...

The Greek Parliament on Tuesday overwhelmingly approved the bill introduced by the new conservative government which eases the tax burden on four million Greek homeowners. The bill, which includes an income-based reduction of the ENFIA property tax and a plan...

The government's new tax legislation, which was brought before Parliament last week, envisages more favorable provisions for taxpayers, both private and corporate, to settle their debts with tax agencies. Under the proposed legislation, which will be debated and voted on...