OECD
Greece
Thousands Receive Food from Greek Solidarity Networks
More than 13,000 Greek citizens resort to solidarity networks that have been developed in 37 municipalities of Attica, Greece in order to receive their daily meals. According to data from these municipalities, the number of citizens resorting to these...
Economy
Troika Says Bank, Surplus Questions Remain
With Greece celebrating a deal with international lenders that could open the door for long-delayed installments and critical cash, there came a warning that the country's banks need more money because of bad loans and over the size of...
Economy
Samaras To Troika: Show Me The Money
After reaching a still mostly-secret agreement with international lenders, which included a big cut in how much money from a primary surplus would go to people most affected by austerity, Greece now wants a quick release of a long-delayed...
Greece
OECD Report: 18% of Greeks Suffering Poverty
A recent OECD report on poverty revealed that the 17.9% of Greeks can't afford to buy food – more than in countries with lower per capita income such as Brazil and China. The OECD report, entitled "Society at a Glance...
Economy
OECD's Ramos: Greece Is More Than Just Balance Sheet
As Chief of Staff for the Organization for Economic Co-operation and Development (OECD) and its official representative to the G20, Mexican Gabriela Ramos is perhaps among the world's most powerful women, and in a recent interview in Paris with Greek...
Greece
Troika Wants Union Powers Cut
Greece’s international lenders say the country's state-financed labor unions are too powerful and want their powers reduced, including the right to strike.
The government of Prime Minister Antonis Samaras, which has been subject to a series of strikes and protests...
Economy
Deadline Missed, Troika Talks Push On
Having missed a self-imposed deadline to reach an agreement with international lenders, Greek government officials were meeting with them again on March 17 trying to find a resolution over unresolved reform, although too late to get approval of a...
Economy
Samaras Tells The Troika: "No"
Prime Minister Antonis Samaras has reportedly rejected Troika demands he not return most of a coming primary surplus to low-income pensioners, the police and military and said the government will also refuse to give supermarkets the right to sell...
Economy
Greece, Troika Wrangle Over Surplus
Prime Minister Antonis Samaras' vow to return 70 percent of an expected 1.5 billion euro ($2.07 billion) primary surplus to people most affected by crushing austerity measures is being challenged by international lenders who want more of it diverted...
Economy
Troika Warns Against Greek Market Return
With Prime Minister Antonis Samaras touting what he says is a looming economic recovery this year, Greece's international lenders say he should forget about returning to the markets the country has been locked out of for four years because...