Politics
Economy
Greek and French Leaders Meet About Debt Crisis
The Greek premier met France's President Nicolas Sarkozy at the Elysee Palace, a day after German lawmakers threw the ailing eurozone a lifeline by agreeing to boost the bloc's 440-billion-euro ($590-billion) bail-out fund.
President Nicolas Sarkozy said Greece's leader pledged...
Economy
Troika Demands Immediate Job Dismissals
With the labour reserve measure as a spearhead, the Greek government continues negotiating with the Troika to finalize the State Budget by Sunday.
Information indicates that international lenders dispute the sufficiency of the announcement on the labour reserve, and call...
events
China Ηonors Crete for Aiding its Citizens' Transport
A Chinese delegation arrived today at Crete and expressed its will to honor the Greek island for the great help and support it has offered during the transport proceedings of Chinese citizens working in Libya.
The delegation paid visit to...
Greece
Greek-Turkish Dogfight Over Athens FIR
According to Ethnos daily, an extreme Greek-Turkish dogfight emerged three times yesterday afternoon over the North and Central Aegean Sea, with the Turkish pilots violating Athens FIR despite Greek pilots’ warnings.
In total, 12 Turkish F-16 fighter jets violated North...
Economy
Oct. 13 is D-Day (Decision, Not Default) for Greece
ATHENS - Greece will know on Oct. 13 whether international lenders will release an $11 billion loan installment needed to keep the country from going bust and unable to pay its workers and pensioners, German Finance Minister Wolfgang Schauble...
Australia
Greek Couple Sues Government for Their ”Haunted” House
A Greek couple has sued the NSW government for not helping them sell or simply get rid of their “haunted” house in Sidney.
Previous renters of the Alexiou’ house were a couple now serving jail sentences for life for letting...
Greece
Government Divided On Public-Sector Job Cuts
Greek government is divided over a controversial plan to cut tens of thousands of jobs in the public sector as it has promised the country's international creditors, with some agencies declining to put forward layoff plans.
Two senior government officials...
Greece
Papandreou Plans To Meet French President On Friday
Prime Minister George Papandreou plans to travel to Paris on Friday, after meeting German Chancellor Angela Merkel, to discuss the Eurozone debt crisis with French President Nicolas Sarkozy, according to Reuters.
The news agency cites a Greek official with...
Economy
Protesters Try to Block Troika's Return
Scores of protesters occupied Greece's finance ministry and other ministries to disrupt a visit by officials from the country's international lenders, who are expected to arrive in Athens midday to assess Greece's eligibility to receive its next tranche of...
Greece
Greek Prime Minister to Visit Ankara
"Georgios Papandreou plans to visit Turkey to upgrade bilateral ties in all fields", according to a statement of an official from Recep Tayyip Erdoğan’s office to the Hürriyet Daily News.
Greek Prime Minister Georgios Papandreou, accompanied by a number of...
Greece
National Water Monitoring Network at Risk
The Government issued a decision this week concerning the creation of a national network that will monitor the quality and size of Greek water reserves. The government aims in this way to provide the country with a solution against...
Greece
Syriza Reacts to Government's Policy
SYRIZA group leader, Mr. Alexis Tsipras called yesterday PASOK’s policies “disastrous” for the Greek economy and the country as well.
According to Mr. Tsipras, the government’s policies will inevitably lead the country to default and he accused Germany for trying...
Economy
Venizelos’ Tax Shift Causes Confusion Over Receipts
ATHENS – Finance Minister Evangelos Venizelos, who has levied a series of taxes and penalties on workers, pensioners and the poor, said taxpayers will have to pay a penalty in 2012 unless they can produce receipts for their expenditures....
Economy
Merkel Says Greek Bailout Terms May be Changed
German Chancellor Angela Merkel hinted that the second Greek bailout package might have to be renegotiated amid increasing market speculation Wednesday that European leaders want to force private holders of Greek bonds to take bigger losses.
Merkel didn't rule out...
Economy
Receipts? Greek Tax Evaders Don’t Need No Stinkin’ Receipts!
As the noted American newspaperman journalist and writer Damon Runyon said: “All horse players die broke,” and to that you can add ethical people. Greeks who dutifully collected receipts in 2010 for everything because the Greek government said they...