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Troika’s Check List

The troika continues its review on Greek ministries, recording pending any issues of the Memorandum of Understanding, with auditors appearing determined to resolve all...

New Services to Stop Economic Crime

A new service to stop tax evasion, corruption and economic crimes was established last Tuesday by the Hellenic Police. Citizens can call the...

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...

Illegal products to be Destroyed Immediately

  The current Minister of Development, Competitiveness and Shipping, Michalis Chrisochoidis announced that according to a new law applied from today, illegal products being confiscated...

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...

Papandreou Claims Greece Doesn't Need More Loans to Survive

"Our aim is the continuous decrease of the deficits" stressed Prime Minister George Papandreou on Friday, in parliament during the "Hour of the Prime...

Greek Government Finalizes Mid-Term Package

Greek government calls up for the increase of revenue and restrain of expenditure, knowing that it would be forced to reopen the case of...

Greek Parliament Passes Austerity Budget Amid Protests

Greek lawmakers approved the 2011 budget in the early hours of Thursday amid ongoing strikes and protests by labor unions over painful austerity measures...