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25,000 Unemployed to Be Hired in the Municipalities

The plan, promoted by the Ministry of Interior in cooperation with KEDKE and OAED, for hiring 25,000 unemployed in municipalities in the years 2012-2015,...

Budget Revenue In July Up More Than 3% -Deputy Fin Min

Deputy Finance Minister Pantelis Economou said Thursday that government revenues rose more than three percent year-on-year in July, in what could signal a turnaround...

Mergers or Abolitions of State-Sector Agencies According to Amendments of Draft Bill

The government on Friday, 29 July, tabled three amendments to a draft bill on "Measures for Growth and Fiscal Reform" that legislate for the abolition...

Greek PM Sends Letter To Eurogroup President

“Crunch time has arrived” said Greek PM George Papandreou in a letter sent last night to the President of the Eurogroup Jean-Claude Juncker, adding...

State Budget Deficit Widens 28% in First Six Months

A greater recession than expected has caused Greece’s central government deficit to widen by almost one third in the first half of 2011 already. As...

Finance Minister: Greece To Return To Markets In 2014

With help from its EU partners and fresh determination, Greece will regain its fiscal sovereignty as soon as possible and aims to return to...

Medium-Term Fiscal Strategy Programme's Law Passed

The law outlining the Medium-Term Fiscal Strategy Programme's implementation until 2015 was passed by members of Parliament's standing committee on economic affairs on Tuesday,...

IMF/EU/ECB Extends Deadline For Political Decisions

IMF/EU/ECB have asked for further cost cutting in public enterprises, faster implementation of privatization program and more efficient measures against tax evasion, and expects...