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10B Annual Loss in Uncollected VAT

According to a European Commission report published on September 20, within the period 2008-2011 Greece lost some 40 billion euros in uncollected Value-Added Tax. According...

Greek Banks Immune For Political Loans

Greek financial prosecutors are preparing to send the findings of their investigations into party funding to the Parliament controlled by the parties who got...

Theodoros Pangkalos Launches "We All Ate Together" Website

The former Minister Theodoros Pangkalos notified through his Twitter account that the new website mazi-ta-fagame.gr ("We all ate together," i.e. a comment made by...

Clear 100-day Plan for New Greek Government

Regardless of the 17th June election winner in Greece, the new government would be given a final chance, reads an extensive Reuters report citing...

Commission Warns Greeks Face Challenges to Implement Reform

Days after euro zone member states finally endorsed the new EU-International Monetary Fund programme for the country, the commission said in two separate reports...

PM Says Second Bailout Needed Urgently

Prime Minister George Papandreou said the euro zone and International Monetary Fund must quickly approve a second bailout for his country to avoid its...