Politics
Greece
Greece to Reduce Number of Universities
Education Minister Costas Arvanitopoulos has underlined that "upgrading public universities is a top priority," while at the same time saying that Greece has too many universities, 40 of them for a country of 11 million people, and that the...
Economy
For a Lesson in Hardship Look at Greece
Andrew Neather, a journalist from the London Evening Standard, came to Greece to get a first-hand look at what austerity measures hath wrought and wrote that he was stupefied by how difficult life is for so many people.
He had...
Greece
Greece to Crack Down on Hate Crimes
Reeling from an onslaught of assaults against immigrants - including by extremist group MPs - Athens is proposing to toughen penalties against hate crimes to include a minimum three-year prison sentence.
Greece’s current guidelines do not have specific penalties for...
Economy
Austerity Talks to Continue, Progress Seen
Greece and its European Union and International Monetary Fund creditors made progress on talks on a 13.5 billion-euro package of austerity measures for the next two years and said negotiations would continue next week.
Finance Minister Yannis Stournaras told reporters...
Greece
ID's for Aliens of Hellenic Descent to be Good Forever
Minister of Public Order and Citizen Protection Nikos Dendias and Deputy Minister of Interior Charalambos Athanasiou have decided that the Special Identity Card for Aliens of Hellenic Descent and its holders, mostly coming from Northern Epirus, will be permanently...
Economy
Greek Teachers’ Salaries Among Lowest in EU
According to the Teachers' and School Heads' Salaries and Allowances in Europe 2011/12 published by the European Commission to coincide with World Teachers' Day, teachers' salaries in Greece are among the lowest in the 17 countries of the Eurozone,...
Economy
Greek Judges Threaten MP's With Wage Cuts, Taxes
Angry that their pay is going to be cut as part of new austerity measures, Greek judges – who have been performing only minimal work since Sept. 17 so as not to violate laws forbidding them to strike –...
Economy
Samaras Says He'll Get Tough On Protesters
Upset that 350 shipyard workers protesting against not being paid for six months broke their way into the courtyard of the defense ministry and with rising social unrest against more planned austerity measures, Greek Prime Minister Antonis Samaras said...
Greece
Μerkel Coming to Athens to Meet Samaras
German Chancellor Angela Merkel, an object of scorn to Greeks angry that she’s insisting on more austerity measures while her country foots much of the bill for bailouts to save the Greek economy, will visit Athens on Oct. 9...
Economy
Samaras: 'Till Will Be Empty' in November
Greece’s Prime Minister has said his country can survive until the end of November without receiving the next planned instalment of its bailout loans.
Officials from the European Commission, International Monetary Fund and European Central Bank are currently in Greece...
Cyprus
Economy Sinking, Cyprus Seeks $14 Billion Bailout
Unable to pay its bills and needing to recapitalize its banks, Cyprus will ask international lenders for an11 billion euros, or $14.2 billion bailout, the news agency Reuters reported, citing three sources with knowledge of the request.
The country’s banks,...
Economy
Former Defense Official Charged in Kickback Scheme
A former Greek defense ministry official who was a close associate of jailed former defense minister Akis Tsochatzopoulos has been arrested and charged in a kickback scheme tied to his former boss’ alleged money-laundering scheme that netted a reported...
Australia
Julia Gillard: “Likening Economy to Greece is Absurd”
Prime Minister Julia Gillard has accused Tony Abbott of being "grossly irresponsible" for likening the future fortunes of the Australian economy to that of crisis-struck Europe.
The opposition leader backed comments by former Commonwealth Bank of Australia boss and Future...
Economy
Hopes Fade for Quick Deal on Austerity Cuts
Greece's efforts to clinch a deal with its international creditors on a package of cuts by the end of this week are under threat, with the government saying that a "fairly big" gap still separates the country from its...
Australia
Victoria Cuts Interpreters for Greek Language
Jenny Mikakos a Member of Parliament for the Labor party in the Northern Metropolitan Region said that the Baillieu Government of Victoria has "outrageously" reduced the number of interpreters available to Greek citizens.
Mikakos said this will affect the lives of...