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Venizelos’ Tax Shift Causes Confusion Over Receipts

ATHENS – Finance Minister Evangelos Venizelos, who has levied a series of taxes and penalties on workers, pensioners and the poor, said taxpayers will...

Investors in Hotel Industry Prefer to Wait-And-See

Potential investors in the Greek hotel industry are currently taking a wait-and-see stance due to the prevailing feeling of uncertainty with regard to the...

Transport Strikes Grind Athens to a Halt

ATHENS - Growing rage – and fear – over the loss of jobs, pay cuts and tax hikes led transportation workers to continue their...

Explosive Goes Off at PASOK Office in Rhodes

An explosive device was put at the office of the Prefecture Committee of PASOK in Rhodes today morning by unknown perpetrators. The device was put at the...

The Mahlia Collection and the Exceptional Woman Behind It

There are successful women and then there are exceptional women... Konstantina Dimitra Mahlia falls into both categories. If one can use the quotation of Joan...

IMF Chief Lagarde Says Patience Thin on Greece

As inspectors for international lenders returned to Athens to determine whether to release an $11 billion loan installment needed to keep the country from going bust, International Monetary Fund chief Christine Lagarde said investors are weary of helping Greece. “If the Greeks do not want our advice[...]

Venizelos Says Greece “Scapegoat” But Will Survive Crisis

With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]

Mutiny Brewing in Papandreou's Party

ATHENS – A day after Greek Prime Minister George Papandreou announced a new wave of pay cuts, tax hikes and slashed pensions to satisfy...

Pangalos: 70000 Layoffs in Public Businesses

In his interview to the Swiss newspapers “Tribune de Geneve” and “24 Heures”, the Vice President of the Greek government, Theodoros Pangkalos said that...

Government Announces New Austerity Measures‎

Government will cut pensions, extend a property tax hike and put tens of thousands of public workers on notice as part of a deal...