greece news

Pensions cannot be allowed to fall below the amount paid in contributions, Greek President Prokopis Pavlopoulos said on Monday after a briefing on the pension system reform proposal he received by relevant Labor Minister George Katrougalos. "The partners in the...

"Greece will never recover as long as it is a member of the Eurozone," said well-known investor George Soros, adding that the country will never be able to repay its debt under current conditions. In an interview with Wirtschaftswoche magazine,...

European Commissioner for Economic Affairs Pierre Moscovici tied a potential decrease in labor taxation in Greece with reducing tax evasion in a recent statement. Moscovici made the remarks in a written response to European Parliament member Dimitris Papadimoulis's question on potentially lowering taxes...

The Greek government's proposal on the anticipated reform of the pension system leaked on Monday, with most of the burden falling on incoming pensioners rather than the current ones. The 170 page proposed legislation includes significant changes in the calculation of new...

Simon Lewis, an Australian volunteer lifesaver from Melbourne is traveling to Greece, to participate in the efforts to rescue refugees, attempting to reach the Greek island of Lesvos. Over the last year, thousands of migrants and refugees have lost their...

Former Greek Finance Minister Yanis Varoufakis is reportedly set to unveil his new European left-wing political movement in Berlin on February 9th, Deutsche Welle reports. Varoufakis had already revealed his plans to launch such a movement back in December. The event is slated...

A Greek prosecutor has charged eight Greek Ministry of Defense officials for breach of faith committed in 2003. The charges concern a contract to install upgrades in Greek Navy "S" class frigates, which prosecutors found was worth less than it should...

A new development law to be tabled to Parliament soon will include 3-4 basic principles, it will be simplified compared with a prevailing bureaucracy and will put an end to mistakes made in the past such as no safeguarding...

Two law students from the National Technical University of Athens (NTUA) claimed the first spot in one of the categories of the World Universities Debating Championships, January 3, in the city of Thessaloniki. The victorious team composed by speakers Maria Rousi and Thodoris...

Less than a week before Sunday's election, the two candidates for New Democracy leadership are gearing up for the final stretch of their campaign. The goal of Vangelis Meimarakis and Kyriakos Mitsotakis is to win the votes that went to Apostolos...