Greece

According to OECD data, new reforms liberalizing regulated (or so-called closed-shop) professions will be applied this summer until the beginning of 2015. The agreement with the country’s creditors will abolish regulations and restrictions for professions established by law, reportsThe Capital,...

Minister of Transport Yiannis Ragouss stated that the transport liberalization will go on as planned. According to the Transport Ministry’s law, anyone wishing to apply for a taxi or a truck license will be able to do so dismissing...

The Greek government approved on Thursday an ambitious plan to switch to cleaner energy hoping to generate investment worth about €44 billion over the next decade. The plan approved by the cabinet showed Greece will try to reduce its carbon...

Greek Prime Minister Kyriakos Mitsotakis reiterated on Wednesday the pledge he first made at the UN Climate Change Summit in New York in September, to phase out lignite-firing power plants by 2028. Speaking at the ceremony celebrating the construction of...

Representatives of Greece's international creditors -- the European Union and the International Monetary Fund -- arrived in Athens on Monday for the scheduled audits of the Greek economy in the post-bailout era. The technical teams of the European Commission, the...

Greece has committed to five important fiscal actions for after the end of the bailout program in August, while the new omnibus bill to be ratified in parliament on Thursday includes some relief measures for taxpayers. According to a Kathimerini...

Representatives of Greece’s creditors will meet government officials on Monday as deliberations begin for the fourth review of the Greek program. According to ANMA, the focus of the first meeting between the heads of the institutions and the Greek government...

The Greek government is to legislate all remaining prerequisites of the bailout program so that the third evaluation can be completed, Prime Minister Alexis Tsipras said. According to Maximos Mansion sources, the prime minister upon his return from Serbia -...

China's growing presence in Greece through major investments and the purpose of this large scale initiative, is the subject of a new report by the Institute of International Economic Relations (IIER). The report, titled "Chinese Investment in Greece and the Big Picture...

Brussels opposes a Greek government plan to give needy citizens a social dividend from the 2017 primary surplus, and suggests priority to be given to repayment of State debts to the private sector. According to an Athens Macedonia News Agency...

The International Monetary Fund on Thursday approved in principle a €1.6 billion standby loan arrangement for Greece, making a conditional commitment to help underpin the country's long-running bailout program for the first time in two years. But the IMF's approval-in-principle...

A draft of the fourth Memorandum of Understanding between Greece and international creditors which includes unpopular austerity measures is at the Ministry of Finance. The new agreement that Athens has to sign in order to close the second evaluation of...

Athenians who are over 50 years old probably have some memories of that Spring morning of April in 1967, when the radio was playing military songs and the announcer was warning people to stay indoors because the Greek Armed Forces...

Greek Finance Minister Euclid Tsakalotos, Deputy Giorgos Chouliarakis and Labor Minister Efi Achtsioglou flew urgently to Brussels on Tuesday morning in order to unlock bailout review talks with creditors. The Greek government is making a last-minute effort to reach a...

A new hurdle in talks for the completion of the second review of Greece's bailout program appeared, as Berlin seems to find a fiscal gap that would require pension cuts to apply in 2019. Sources close to negotiations say that...