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Omnibus Tax Bill Finally Ready

Greece's complicated tax laws - which can change several times in the course of a year - will be revised again under a multi-bill going to Parliament that aims to give the government more powers to collect what's owed. The...

No Funds To Fight Greek Corruption

While Greek Prime Minister Antonis Samaras has been touting his push to cut down the level of corruption in Greece - the highest in the European Union - an anti-graft chief hired last summer said he's still waiting for...

Greek Bank Chief Defends Stress Tests

Bank of Greece chief George Provopoulos said a stress test conducted on the country's four ailing major banks deliberately was conservative on how much they would need in recapitalization funds so investors wouldn't be scared off. While the tests for...

Greece Targets Fraud Hires

The Greek government said it will try to weed out people who got their jobs by faking their qualifications and that they would face disciplinary action, but it wasn't said if they would be fired. Administrative Reform Minister Kyriakos Mitsotakis,...

Fresh Milk Fight Could Spoil Troika Deal

Greece's deal with international lenders to unlock a nine billion euro installment was in peril after two more lawmakers from the coalition's ruling parties said they would vote against it, objecting to a provision that would extend the shelf...

Greek Teacher Layoffs End Public Job Security After 103 Years

Saturday is the last day of the eight-month period allotted for teachers to reapply for a reduced number of positions at Greek technical schools. Last summer, job cuts were scheduled at vocational and technical schools across Greece and staff were asked to reapply...

Immigrant Deportation Bill Pulled

Greece's coalition government abruptly yanked a measure in a draft law that would have allowed the deportation of immigrants making false claims about racially-motivated attacks after it almost led to the PASOK Socialists pulling their support. Prime Minister Antonis Samaras'...

TIME: Greek Start-Ups Could Be a Global Success Story

The U.S. magazine “Time” featured an extensive article on Greek tech start-up enterprises, which could be the answer to getting the country back on track during this financial crisis, as today roughly 60 percent of young people are unemployed. The...

Samaras: Europe Must Invest in its Human Capital

With Greece holding the symbolic rotating European Union Presidency until June 30, Prime Minister Antonis Samaras, speaking in Brussels, said that fighting unemployment and investing in the bloc's human capital is a priority, although neither he nor his colleagues...

SYRIZA Says Troika Deal PR Stunt

While Greek Prime Minister Antonis Samaras has hailed a deal with international lenders as a saving grace, the main opposition party Coalition of the Radical Left (SYRIZA) said it was designed to buy votes ahead of critical elections in...