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Aikaterini Savvaidou Tapped for Public Revenues General Secretary

Greek Finance Minister Gikas Hardouvelis, as head of a five member committee, proposed Aikaterini Savvaidou to be appointed General Secreatary of Public Revenues following the...

High Revenues from Olive Oil Exports to Japan

According to statistical data released by the Japanese Ministry of Finance, Greek olive oil exports to Japan in 2012 reached 385 million yen (2.8...

Money For Military, Cops, Officers, Not Cleaning Ladies

Greece's highest court, which said firing cleaning ladies was in the national interest, is forwarding the government an order that it must restore the...

Stournaras Named Bank of Greece Governor

Greece's former Finance Minister Yannis Stournaras on June 11 was appointed Governor of the Bank of Greece for the next six years, taking over from George...

Rally for One Year Since ERT's Closure

June 11 2014, marks one year since the sudden closure of Greece's public broadcaster ERT by the government. The decision had stunned the nation and caused...

Rivals Ridicule Samaras Cabinet Shakeup

Greek Prime Minister Antonis Samaras' revamped Cabinet, which still includes most of the familiar faces of his ruling New Democracy Conservatives and partner the...

Cyprus Expected to Return to International Markets

The Cypriot Finance Minister, Harris Georgiades claimed on Saturday that Cyprus is to return to the international markets at the end of June, 18 months...

Theoharis Denies Government Forced Him To Quit

Greece's top tax official, Harry Theoharis, said his abrupt resignation on June 5 was for "personal reasons" and said he wasn't squeezed out for...

Public Revenue General Secretary Theoharis Resigns

While rumors regarding the upcoming cabinet reshuffle and the possible ministerial appointments are widespread, Greek General Secretary of Public Revenue Haris Theoharis announced his...

Cyprus' GDP Shrinks by 4.1% in Q1 2014

According to the Cyprus Finance Ministry, the country's GDP contracted by 4.1% during the first quarter of 2014, compared with the same quarter in 2014....