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Greek Private Sector Salaries Now Being Cut Too
ATHENS – Less than two months after Greece’s hybrid government agreed to cut pensions and the minimum wage to satisfy international lenders and avert...
Juncker: Eurozone Didn't Focus Enough on Greek Growth
The eurozone has focused on helping Greece putting its financial house in order while ignoring the vital question of growth, Eurogroup chief Jean-Claude Juncker...
Samaras, Papandreou Renege on Vows to Save Pensions
ATHENS – Only days after they said they had saved pensioners from cuts as part of a second bailout of $169 billion – which...
Samaras on Bailout Deal: Elections Are Now Imperative
New Democracy party leader Antonis Samaras emphasised on Thursday evening that "the country never had a greater need for elections than it has today."
Speaking...
Political Leaders Hold Off Talks Until Sunday
A meeting of Greek political leaders has been postponed for Sunday as there is still no agreement with the country's creditors over painful new...
Using The Property Tax To Live the Greek Dream
For the past two years crisis-hit Greek citizens have seen their lives ruined as measure after measure is being passed in return for IMF...
The Newest Greek Odyssey: Living in Strikeland
State schools closed, hospitals running only on emergency staff, trash piling up, trains halted, metro and cabbies on strike, tax offices closed, customs officers walking out of their jobs, airlines grounded[...]
Possible Cutting Of 25% In Private Sector Wages
New uniform payroll program includes provision for workers in SOEs and banks with state participation, and 70,000 employees are subject to salary reductions, reaching...
EU Wants Greek Private Sector Workers Pay Cut Too
ATHENS – With public workers set for another barrage of pay cuts – teachers already bracing for a retroactive salary slash of 380 euros,...
Survival Guide for Big Fat (Expensive) Cretan Weddings
Amid the Greek crisis, the salary cuts and the tax invasion, you would think that weddings in Greece[...]