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Greece Hits Surplus Of 508M Euros

Three years of crushing austerity measures have helped Greece produce a better-than-expected primary surplus of 508 million euros ($663.45 billion) in the first quarter...

Former PPC Officials Quit Over Losses

The head of Greece's privatization fund, Takis Athanasopoulos, and the Finance Ministry's General Secretary Giorgos Mergos resigned on March 9 after former managers...

No VAT For Shipping Through Piraeus

Hoping to kick start investor interest and lure more business, Greece will exempt big companies that ship products to Greece and use the port...

Illegal Fuel Trade Moves to Ships

A leveling of Greece's special consumption tax on diesel with that of heating oil hasn't stopped illegal fuel trading and government officials are...

Greek Lawmakers OK Law to Unlock Aid

Greek lawmakers have approved a series of long-delayed reforms demanded by international creditors, taking the country a step closer to securing its next multi-billion...

Greece May Beat 2012 Deficit Target

Greece may end 2012 with a better-than-targeted primary budget deficit gap, although it doesn't include sizeable interest payments, the newspaper Kathimerini newspaper reported, citing...

Troika Says 80% Greek Debt Uncollectible

Because of austerity measures and even as it's pressing Greece's coalition government to go after tax evaders who owe more than $70 billion, the...

Greece to Raise Tax on Businesses, Middle Incomes

Greece plans to tax businesses and middle incomes more in an effort to raise revenues from a tax reform bill it has long-promised its...

Anonymous Hacks Greek Finance Ministry, Classified Documents Leaked

A cyber-attack on the servers of Greek Finance Ministry has leaked classified documents and information online,  just a few days before the Greek Parliament...

Greece Says Final Participation in Massive Debt Writedown Reaches 96.9 Percent

The Greek finance ministry says 96.9 percent of eligible investors have participated in a massive bond swap designed to more than half the struggling...

Finance Ministry To Employ New Controllers

Finance Ministry notified it seeks to employ 2,235 controllers in order to fight tax evasion. This is a new team of auditors, as most of...

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