Greek state

Parliament President Zoe Konstantopoulou said on Monday she plans to summon Bank of Greece (BoG) governor Yiannis Stournaras, a former Greek Finance Minister, to testify before the Parliament's Institutions and Transparency Committee in connection with the Siemens case, so that...

"You can save a country, Greece, by saving the people," Greece's Foreign Minister Nikos Kotzias was quoted as saying, in a supplement of the German newspaper Frankfurter Allgemeine Zeitung published on Friday. Outlining his thoughts on the emergence of a...

Greece's economy seems to have reached its lowest point, as the Greek government is unable to pay 4.4 billion euros to its suppliers. Meanwhile, the Greek insurance funds are facing the same problem with administration striving to find more resources. Over...

The World Gold Council published its latest report on the demand of gold and the quantities held by the 40 largest countries and institutions’ gold reserves. “Top-line demand was broadly neutral – down just 11t (1%) despite substantial underlying differences across...

PAOK FC owner Ivan Savvidis made an interbank transaction to repay the team's debt to the Greek state, putting an end to the nightmare that tormented the club for the last years. Meanwhile the relevant payment documents have already been presented...

The government is seeking the return to the Greek state of 1.2 billion euros from the European Financial Stability Fund (EFSF) and, according to government sources, the money may possibly enter the Greek state's coffers in the coming days. The...

In his interview to Greek TV SKAI on Saturday morning, Greek Finance Minister Yanis Varoufakis stressed that “in order to achieve balanced budgets in the Greek State, we will ask of the wealthy to pay an extraordinary tax, if necessary.” Varoufakis clarified...

The debts of individuals, households and businesses to the Greek state during the first five months of 2014 have increased dramatically. It is estimated that debts to the state are rising at the rate of 1 billion per month while...

The president of Greek Ecologists, Dimosthenis Vergis was sentenced to 37 years and six months imprisonment without parole by the Three Member Criminal Court for the encroachment of thousands of square meters of forest land near Lake Marathon. In...

The seven members of the Council of State of Greece announced yesterday their decision regarding seizure of salaries and pensions of debtors owing to the State. They announced that debtors will not be informed beforehand in regards to the...