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State Hospital Suppliers Suspend Deliveries to 3 Hospitals

State hospital suppliers yesterday suspended deliveries to three major hospitals in Attica and Piraeus.  The suppliers threatened to extend the boycott to other institutions across...

PM Papandreou Announces New Cabinet

A sweeping reshuffle of the government was announced after midnight on Monday.  This occured less than a year after the elections that brought  ruling socialist...

The Governments Pushes for Tax Incentives

The government planes tax incentives for large enterprises, but also special "packages" for small and medium-sized business, within the framework of the liquidity '...

Papandreou Intervenes at Minister Council Meeting

PM Papandreou put an end to reshuffle talks with an intervention during the Ministers Council's informal meeting on Tuesday. Reports say that Papandreou said...

FinMin: 2011 'year of hard work'

Next year will be a year of 'hard work' for the government, finance minister George Papaconstantinou said in an interview, referring to the big...

Greece Expects Positive Report by Troika Experts

A group of experts from Troika (EU Commission, European Central Bank and International Monetary Fund) on Friday completed its round of meetings with government...

Parliament passes laws on salary raises, exploiting state assets

Parliament on Thursday passed legislation that will freeze the powers of labour arbitration tribunals to award salary increases for a year, even in the...

Greece Appoints Advisors to Privatize State Controlled Institutions

An inter-ministerial privatization commission meeting on Friday agreed to appoint two to three advisors to examine the Greek state’s future moves in the country’s...

Greece says deficit down 46 percent in first half

Greece's Finance Ministry says the country's bloated budget deficit has been cut by 46 percent in the first half of the year, exceeding government...