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G 20 : FINANCIAL RECOVERY

The summit of G20 began in Toronto with a view to discussing the international financial recovery and the plan of bank taxing. The Prime...

Russia sees Greek debt “restructuring"

According to AFP, Alexei Kudrin (photo), Russia's finance minister Saturday said he expected Greece to require a restructuring of its debt by creditors. He...

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...

President briefed on labour law

Labour Minister Andreas Loverdos on Friday briefed President Karolos Papoulias on the changes to labour law agreed between the government and representatives of the...

Greek gaming machines stage comeback amid economic crisis‎

Cash strapped Greece announced Tuesday it intends to remove ban on gaming machines to raise revenue, Reuters reported. “The regulative framework will soon be presented...

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...

FinMin: Econ program progressing well

Finance minister George Papaconstantinou said on Friday that the second and third tranches of the EU-IMF support mechanism loans for the Greek economy are...

Further Reductions in Salaries and Pensions

New additional measures are expected to be announced by the Greek government next November, as long as there are discrepancies in the project signed...

15 MP’s of PASOK Go Against The Minister of Labor

15 MP’s of PASOK are drawing the ‘red line’ with a question towards the Minister of Labor, Mr. Loverdo, regarding the Insurance Bill. “According...

Greek Online Gambling By 2011

Ioannis Spanoudakis (photo), who as chief executive of the Greek gambling monopoly OPAP should know, has confirmed statements three weeks ago that gambling liberalisation...