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Poet Kostis Palamas' House Rescued from Athenian Auction

The historical house of Greek national poet Kostis Palamas was rescued at the last moment from an auction. The owner of the house, which...

Jan.-Dec. 2010 Budget Reduced By 36.5%, Beats Target

State budget deficit for the period January-December 2010 is EUR19.603mn, reduced by 36.5% compared to EUR30.871mn in 2009, the Ministry of Finance announced on...

Athens Shuts Down Bars & Nightclubs Guilty of Tax Evasion

The Greek government announced Thursday it is shutting down bars and nightclubs in Athens that are guilty of tax offenses.  This is an effort...

OPAP Agents Plan 2 Day Strike Opposing Greek Tax Policies

Greek betting company OPAP's sales agents will go on strike on Friday and Saturday, their union said.  They are threatening further labour action unless the...

Greece’s Revenue In 2010 Rose By 5.4%

Despite repeated revisions of the financial goals of last year΄s budget, Greek government missed a revised target of revenue by about EUR290million, according to...

Gov't Proceeds with 20% Cut Of Hospital Debts

Greek government proceeds with the cut of hospitals’ debts to pharmaceutical companies and suppliers, according to Capital. Minister of Health, Andreas Loverdos proposed the...

New Development Law Aims At Growth

Greek government presented on Monday its long-awaited new development framework law, aimed at boosting growth, according to Dow Jones Newswires. Opposition parties have been criticizing...

Listed State-owned Companies To Adjust Wages

Greek government is asking the Athens Stock Market’s listed state-owned companies to adjust wages to the standards of loss-making - non-listed - ones and...

Jan-Nov: Deviation Of Revenue And Expenditure

Despite the increasing trend in revenue, problems regarding the 2011 budget still remain. Income for the Jan-Nov period was increased by 4.8%, improved in...

Tough Negotiations on Extension of EU Loan Repayment in Athens & Brussels

The Greek government is planning a four-day round of tough negotiations in Brussels and Athens for extending the repayment the EU loan. Officials from the...