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TV Personality Petros Kostopoulos Arrested for Debts to the State

The host of the morning TV show of Mega Channel, Petros Kostopoulos, was arrested this morning for debt to the State. The trial was...

OAEE: Debt of 7.5 Billion Threatens Pensions

The Self Employed Workers' Insurance Organization (OAEE) is about to collapse, while one out of two insured do not pay any contribution taxes- and...

Eurostat: Greece has the Highest Debt in the EU

Greece has the highest debt in the Eurozone, with 156% of GDP for 2012, while its deficit was the second highest both in Eurozone...

Church to Draw Up Three-Year Plan to Limit Debt

According to Kathimerini newspaper, the Church of Greece is drafting a three-year economic schedule in an attempt to reduce its debt and to take...

Troika to Shut Down OSE

Greece's European lenders estimate that the country needs an even smaller government and a new tax system, and for this reason they are hardening...

Insurance Fund Debts Deprive Pensioner of Oxygen Device in Rhodes

An elderly pensioner voiced a cry of distress at two local media agencies in the island of Rhodes over his being deprived of the...

Germany and Greece During the Crisis: Who Wins, Who Loses?

Unemployment has surged to 18.8 percent from 13.3 percent only a year ago. Overburdened public hospitals are facing critical shortages of everything from syringes...

M. Glezos: “German Foreign Minister’s Statement is Ignorant of History, False and Infuriating”

"The answer of the German Foreign Minister concerning Germany's war debts to Greece is ignorant of history, false and infuriating", mentions Manolis Glezos, a...

Greek Deal Must be a One Off: Trichet

The outgoing head of the European Central Bank, Jean Claude Trichet, has warned that there should be no repeat of last week's deal to...

Barroso: Pardoning of Greek Debt Won’t Be Repeated!

This week's Eurozone agreement to remit 50% of the massive Greek state debt is "an absolutely unique and exceptional measure," stated EC President Jose...

55-Year-Old Man Sets Himself on Fire Because of Debt

A 55-year-old man was admitted to he hospital with multiple but not severe burns  to his chest and back after trying to commit suicide....

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