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EU

Troika Presses Greece For More Reforms

Talks between Greece and envoys from its international lenders immediately led to more demands for reforms and pressure on the government to shed itself of one of its defense industries and improve the woeful rate of tax collection with...

Most Taxes Uncollected in Greece

With Greece being pressed by its international lenders to find ways to fill a looming budget hole of as much as 2.9 billion euros ($3.9 billion) with more cuts or taxes, the government is collecting less than half of...

Greece Begins Tough Talks With Troika

In what promises to be rough negotiations over reforms, Greek officials on Nov. 5 picked up talks with its international lenders who are pressing for faster privatizations, better tax collection, firings of workers and additional measures to fill a...

Stournaras Aims For Troika Deal

With envoys from international lenders due back in Athens this week, Finance Minister Yannis Stournaras said he's hoping that "common sense" will reign and that Greece's message that it's doing better than expected will lead for less stringent measures...

Troika Changes Mind, Back to Athens

They weren't coming. They were coming. Were. Weren't. Envoys from Greece's international lenders, after squabbling with the government over long-delayed reforms, said they will return to Athens next week to check the books before signing off on the next...

Farmers vs. Homeowners On Property Tax

Just a day after Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader and his coalition partner and Deputy Premier, PASOK chief Evangelos Venizelos said they would make changes to an onerous property tax bill that was causing...

Greece: EU's Third Worst in Education Spending

Negative data recorded in the report of the EU’s Observatory for Education and Training included: significant reduction in the dispenses for education, high rates of school dropouts for foreign students (outside EU); negative records of graduate employment; not...

Canadian Press Talks About Limitations on Cheese Names

Today the Canadian press talks about the limitations posed by the Canada-EU free-trade agreement on the use of the name “feta” and on cheeses like asiago, munster and gorgonzola. According to the article “Faux Feta? Trade deal to hit food...

Samaras, Venizelos Talk Troika Strategy

Fresh off reneging on promises not to impose more austerity measures, Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader, and his Deputy Prime Minister, PASOK Socialist chief  Evangelos Venizelos are scheduled for another powwow on Oct. 30...

Van Rompuy: EU Tackles Illegal Migration

The President of the European Commission Herman Van Rompuy stated today, that the European Union will take strict measures in order to battle illegal migration. According to him, the EU could make better use of its resources to prevent...