EU
Economy
Greece Asks More Time To Fire Workers
Administrative Development Minister Kyriakos Mitsotakis, who hasn't been able to meet a timetable to suspend, transfer or fire 25,000 workers this year, is reportedly going to ask international lenders for more time, and to include workers being fired at...
Economy
Troika, Greece Still At Odds On Reforms
Greece's hopes for a swift resolution to a disagreement over the extent and acceleration of reforms in return for continued rescue aid have been dimmed by a tough stance taken by international lenders who are squeezing the government to...
Economy
EU Assists Greece to Promote Agricultural Products
The European Commission approved 22 projects today concerning community contribution for the promotion of agricultural products in the European Union and in third countries. The total budget of the projects, most of which will last three years, was 70...
Economy
Samaras, Venizelos Join Hands Against Troika
After meeting yet again, Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader, and his coalition partner and Deputy Prime Minister/Foreign Minister Evangelos Venizelos, agreed there would be no further austerity measures and presented a unified front in...
Economy
Troika Presses Greece For More Reforms
Talks between Greece and envoys from its international lenders immediately led to more demands for reforms and pressure on the government to shed itself of one of its defense industries and improve the woeful rate of tax collection with...
Crime
Most Taxes Uncollected in Greece
With Greece being pressed by its international lenders to find ways to fill a looming budget hole of as much as 2.9 billion euros ($3.9 billion) with more cuts or taxes, the government is collecting less than half of...
Economy
Greece Begins Tough Talks With Troika
In what promises to be rough negotiations over reforms, Greek officials on Nov. 5 picked up talks with its international lenders who are pressing for faster privatizations, better tax collection, firings of workers and additional measures to fill a...
Economy
Stournaras Aims For Troika Deal
With envoys from international lenders due back in Athens this week, Finance Minister Yannis Stournaras said he's hoping that "common sense" will reign and that Greece's message that it's doing better than expected will lead for less stringent measures...
Economy
Troika Changes Mind, Back to Athens
They weren't coming. They were coming. Were. Weren't. Envoys from Greece's international lenders, after squabbling with the government over long-delayed reforms, said they will return to Athens next week to check the books before signing off on the next...
Economy
Farmers vs. Homeowners On Property Tax
Just a day after Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader and his coalition partner and Deputy Premier, PASOK chief Evangelos Venizelos said they would make changes to an onerous property tax bill that was causing...