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Finance Official Quits After Fines on Tax Evaders Waived

Chief Appeals Court Prosecutor Spyros Mouzakitis has launched an investigation into the circumstances surrounding the recent resignation of Diomidis Spinellis, the General Secretary of...

Church Promises Aid to Weakest

The serious economic crisis which Greece is experiencing has also affected the powerful Greek Orthodox Church, which continues to make its disagreement known over...

Two Years in Power: Ten Things George Papandreou Has or Hasn’t Changed

From crushing ruling Conservatives party two years ago, Papandreou’s poll numbers have suffered a dramatic slump turning the Greek PM into a contemporary Diogenes of Sinope who instead of strolling around with a lamp looking for an honest man, he’s desperately looking for his voters- if there’s anyone left that is[...]

We Won't Pay? Many Greeks Are

ATHENS – Despite rising public anger over a slew of new tax measures that have created new “We Won't Pay” movements to go along...

Greece Will Miss Its Deficit Targets Again

ATHENS - Wracked by recession, Greece will not meet deficit targets imposed by international lenders as a condition of a $152 billion bailout designed...

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...

Greeks Gird for More “Blood and Tears” Economic Hits

With Greece still poised on the edge of bankruptcy and growing predictions the country will fail, Prime Minister George Papandreou said he will institute...

Greek Crisis Threatens Eurozone Survival

ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots...