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Kiosks Plan 3 Day Strike on Friday

Kiosks and small shops are planning a three day strike on Friday.  They are demanding an increase in their profit percentage. The Kiosk Owners Federation wants the Finance...

Union of Archaeologists Declare Thursday Strike

The union of archaeologists on Monday called a 24 hour nationwide strike for October 21st.  The union invited the country’s intellectual community to declare its opposition...

Greece Auctions 3 Month Treasury Bill on October 19th

Greece will auction a three month Treasury bill issue next Tuesday the 19th of October, seeking to raise 900 million euros from the market....

2009 Deficit Could Surpass 14% of GDP

The agency Eurostat could raise its figures on Greek deficit for 2009, which could be above 14% of GDP, according to sources at the...

Greece Presents Austerity Budget for 2011

The Greek draft 2011 budget announced Monday by the finance ministry aims to cut the budget deficit to 7% of gross domestic product, ahead...

Hybrid Car Owners Pay Significantly Lower Taxes

The Ministry of Finance arranged favorable adjustments for people who own hybrid cars. The Ministry is accelerating by two months (for 1.11.2010 and not...

Government Creates Electronic Card to Monitor Payments

All taxpayers transactions will 'pass' in an electronic card that will be used in all transactions. This card will relieve citizens to collect receipt and...

National Council for Research & Technology Holds First Meeting

Distinguished scientists are currently in Greece, at the disposal of the Ministry of[...]

Successful Treasury Bills Auction

Today Greece successfully completed the auction of a six month treasury bills issue.  The nation raised 1.17 billion euros from the market. The return of...

Troika Officials Resume Discussions in Athens

Troika junior officials arrive in Athens on Monday to record the execution course of the Memorandum in the third quarter in 2010. Talks with...

State Hospital Suppliers Suspend Deliveries to 3 Hospitals

State hospital suppliers yesterday suspended deliveries to three major hospitals in Attica and Piraeus.  The suppliers threatened to extend the boycott to other institutions across...

PM Papandreou Announces New Cabinet

A sweeping reshuffle of the government was announced after midnight on Monday.  This occured less than a year after the elections that brought  ruling socialist...

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