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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...

Slovenia supports Greece

The Slovenian National Assembly on Tuesday passed a bill enabling the country to participate in the European Union's bailout package for Greece. Nevertheless, both supporters...

Social Security Bill Reaches the Final Stage

A draft-bill on “reforms in the social security system in the civil sector” was tabled in Parliament on Friday. The Prime-minister chaired a broad...

Protest at PPC

Trade unionists of the Public Power Corporation (PPC) employees' federation (GENOP) late Sunday staged a take-over of the PPC headquarters on Halkokondyli street in...

Bleak prospects for Greek universities

Universities and academic staff at all levels have been hard hit following the Greek government's unprecedented (for peacetime) severe austerity measures demanded by the...

FinMin Visits SDOE

Finance Minister, George Papakonstantinou (photo) on Friday visited the headquarters of the Financial Crime Enforcement Body (SDOE). He said that 6.000 cases of tax...

Last Meetings on Pension System

The Finance Ministry held Wednesday an unscheduled meeting on the pension reforms. As per information, the meeting focused on the retirement age for men...

First Crucial Test for Greece’s Economy

Greece is to face the first crucial test after the signing of the memorandum as EU, EUC and IMF fiscal experts arrive in Athens...