EU
Economy
Greece Close to Troika EAS Deal
One of the biggest obstacles to closing a deal on uncompleted reforms and trigger the release of a one billion euro ($1.37 billion) installment from international lenders - whether to shut down or privatize Greece's money-bleeding defense contractor -...
Economy
Tsipras Presses Rehn on Debt Relief
It wasn't a receptive audience, but Greece's major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, meeting in Strasbourg, France with European Economic and Monetary Affairs Commissioner Olli Rehn, told him that Greece can't afford to...
Economy
Greece Nears Fiscal Target Goal
Greece said the economy, despite disappointing tax returns, has beaten budget expectations in the first 11 months of 2013, adding optimism to its belief that next year there will be the beginning of a recovery.
The Finance Ministry said it...
Economy
Commissioner Hahn Gives Greece High Marks for NSRF Absorption Rate
Greece has more than met its targets in European Union fund absorption and is improving constantly, EU Commissioner for Regional Policy Johannes Hahn said on Thursday after meeting with Development and Competition Minister Costis Hatzidakis.
"It is outstanding, in terms...
Economy
Venizelos Urges Quick Troika Deal
Deputy Prime Minister/Foreign Minister Evangelos Venizelos, who acts at the behest of Prime Minister Antonis Samaras, said after a symbolic meeting with envoys from Greece's international lenders that it's essential for the two sides to reach agreement on the...
Economy
One in Three Greeks Can't Heat their Homes
More research, this time conducted by the think tank Vaasaett, confirming the difficult situation that hundreds of Greek households are faced with. Greeks are unable to obtain even the basics, such as heating.
Greece was ranked fifth on the list...
Economy
European Commission Demands 66.6 Million Euros from Greece
Today, during the clearance of accounts procedure the European Commission asked for the recovery of funds of the EU's agricultural policy, totaling 78.8 million euros, which Greece seems to have unnecessarily spent. However, some of the money has already...
Economy
Stournaras Sees Troika Deal Coming
Despite a breakdown in talks with international lenders over delayed reforms and how to fill a big hole in the 2014 budget, Greek Finance Minister Yannis Stournaras said he expects they will release a one billion euro ($1.37 billion)...
Economy
Greek Banks Find Mortgage Ban Exploiters
About 30,000 homeowners, or 15 percent of the 200,000 protected under a moratorium on foreclosures during a crushing economic crisis, are taking advantage of the law not to pay their mortgages even though they can, a survey of loans...
Economy
Troika Will Return to Greece – Without Techs
After it was first reported that envoys from Greece's international lenders who had broken off talks over delayed reforms and big hole in the 2014 budget wouldn't be coming back to Athens, it's now been said that they will,...