Pangalos

ATHENS - The best news of the week was that Germany may be sending 160 tax auditors to Greece to – quote, unquote – “modernize the tax system,” which is really just code to go after tax evaders and...

ATHENS – Saved again by international lenders who agreed to a second bailout package, Greece has now told private investors it will pay most of them back only about 25 percent of what they are owed.  Greece on Friday launched...

ATHENS – Former European Central Bank Vice-President Lucas Papademos has been sworn in as the country’s interim Prime Minister, charged with keeping international aid coming and holding together a coalition government that includes some bitter rivals, and far Right-Wing...

Even while Greek Finance Minister Evangelos Venizelos was busy in Washington trying to persuade everyone that Greece will not default, although it is drowning in debt and misery over deep pay cuts, tax hikes and slashed pensions while tax...

Government vice president, Theodoros Pangalos has stated that he disagreed with the exemption of the Church of Greece from taxation. Pangalos also stated that this was not the best time for the sale of the Public Power Corporation. In...

ATHENS – Already under the thumb of the EU-IMF-European Central Bank Troika which is requiring Greek Prime Minister George Papandreou to keep cutting workers pay, pensioners benefits and raising taxes as a condition of getting rescue loans to keep...

ATHENS – As the Greek government readied more pay cuts and tax hikes for the country’s beleaguered workers, middle-class, poor and pensioners, the main civil servants union ADEDY said it’s ready to strike back, angry over a scheme that...