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Greeks Expected to Pay Additional €4.35 Billion in 2016 Budget
The 2016 state budget that was tabled in parliament on Monday includes new measures that demand an additional 4.35 billion euros from cash-strapped Greeks.
New...
This is Greece's Final Bailout Proposal to the Creditors; Full Document of Reforms
The Greek bailout proposal was sent via email to the president of the Eurogroup, Jeroen Dijsselbloem who will forward it to the rest of...
Greece's New Reform List and List of Bailout Requirements More Similar than Different
The list of proposed reforms Greece sent to its international creditors bears many similarities to the requirements of the abandoned bailout program, the Memorandum....
Greek Public Debt Management Agency Asks Security Funds to Buy Repos
The Public Debt Management Agency and the Labor Ministry have asked security funds to buy government repos in order to avoid potential liquidity problems.
According...
Reichenbach Says SMEs Are Key To Greece's Recovery
On Tuesday, the head of the European Commission's Task Force for Greece, Horst Reichenbach, presented a report on small and medium-sized enterprises, stressing that these were...
Troika Calls for Increased Use of Generic Drugs
The Troika representing Greece's lenders once again called for increased use of generic over brand-name patented medication in the country, during a meeting with...
Greek Pension Funds Have 2B Euro Deficit
Without finding additional financing to fill what could be a reported two billion euro ($2.73 billion) gap, there is a risk the government won’t...
Greek Labor Minister and Troika Meeting Ends Without Deal
The second meeting between the inspectors for the country's international creditors and Greek Labor Minister Yiannis Vroutis, held earlier on Tuesday in Athens, ended...
Relief for Earthquake-Stricken Cephalonia Residents Announced
The Greek Finance ministry has given a three-month extension to individual taxpayers and legal entities on the earthquake-stricken Ionian Sea island of Cephalonia, Greece,...
Millions of Greeks Can't Afford Health Care
This Monday, a medical aid group said that more than 3 million Greeks -- that is 27.2 percent of the total population -- cannot...


