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Greece Pays 4.3B Euros in Debts

The Deputy Minister of Finance, Christos Staikouras made an announcement on September 4 regarding the repayment of the outstanding debts equal to 4.3 billion...

Greek Hotels Plead For Help Amidst Despair Over TUI Debt

Greek hotel owners are facing huge losses this year as Tui AG, the largest leisure, travel and tourism company in the world, is deferring...

No Discussion of Greek Debt Easing on Monday's Eurogroup

On Monday's Eurogroup, eurozone finance ministers will not discuss Greece's debt easing, nor the supervision of Greek reforms after the bailout program ends in...

Greek Tax Office to Seize Debtors' Bank Accounts, Safety Deposit Boxes

A million Greek taxpayers with debts to the state could see their bank accounts and deposits raided. The Independent Authority for Public Revenue (AADE) plan for...

First Greek Firm Strikes Out-of-Court Debt Settlement Deal

A Greek private services company with arrears of nearly €700,000 ($870,000) became the first business to reach a settlement under a new out-of-court process...