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Greece To Revive Scratch Card

The Greek government promotes the “Scratch Card” as a solution to limit the state΄s accounting losses, caused by the reversal of gambling market planning,...

Government Unveils Programme to Combat Tax Evasion

Greek Finance Minister confirmed that the country conducts negotiations and discussions with Switzerland in order to sign an agreement for the taxation of Greek...

New Homeless Shelter Created in Athens

Athens will host a new shelter open for all homeless people regardless of criteria such as age, gender and nationality. The aim of this...

Troika Experts Draft Report Next Week Concerning Allocation of 12 Billion Euros to Greece

The month of May is shaping up to be a crucial and difficult period of time for the Greek government. Complications began today with...

Citigroup investigated by Greece on debt restructuring rumours

Citigroup is being investigated by the Greek authorities after one of its staff warned the bank's clients of the possibility of the country announcing...

Deficit Seems Incontrollable, Additional Measures Expected

Greek government is expected to agree with IMF/EU/ECB to a nominal amount of €3b in additional revenue measures within the next two weeks. It reflects...

Germany pressing Athens to restructure debt -FT

Germany is urging Athens to adopt contingency plans that would foresee a voluntary, "market-friendly" debt restructuring should Greece fail to meet its ambitious fiscal...

Tax Officer “Withdraws” € 2,2 Million & Disappears

A tax officer working for the 23rd Public Fiscal Service of Athens is said to have grabbed 2, 2 million Euros. As it was...

Greece To Announce Measures On Thursday

Greek government proceeds with the finalization of the measure packages in order to be published in the form of bills on Thursday. The departure of...

IMF/EU/ECB Extends Deadline For Political Decisions

IMF/EU/ECB have asked for further cost cutting in public enterprises, faster implementation of privatization program and more efficient measures against tax evasion, and expects...

Budget Deficit May Exceed 10.5%

Hellenic Statistical Authority (ELSTAT) may report that budget deficit in 2010 exceeded 10.5% of Gross Domestic Product, according to unconfirmed sources, while Ministry of...

Government To Publish A List of “Undisciplined” Entities

Greek government plans to deal with public enterprises that do not send financial reports, by publishing a list of them. The Finance Ministry faces multiple...

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