Greek
Economy
Harakopoulos Quits But Backs Bill
Greek Alternate Agricultural Development Minister Maximos Harakopoulos, who had threatened to resign unless the government dropped a provision in a pending omnibus bill said he quit over it two weeks ago but will still vote for the measure.
Harakopoulos blasted...
Economy
Milk Fight Rebels Relent, Bill Passage Seen
Backed by a warning from its international lenders that the next installment would be yanked if there are any changes to an omnibus bill going before the Greek Parliament on March 30, the government has brought would-be rebels upset...
Greece
Great Greek Books to Read
The summer season is slowly approaching and plans for some down time are starting to take shape. This is a perfect time to choose some classic Greek books or modern day favorites to keep us company while lying under...
Business
Greece's First Fortune-Telling Coffee Shop Opens in Athens
Necessity being the mother of invention, the financial crisis has birthed many new business ideas as people seek innovative sources of money in difficult times. The opening of Greece's first tasseography coffee shop is one such inspiration.
Tasseography is a...
Economy
Tsipiras Says More Austerity Coming
With Prime Minister Antonis Samaras hailing a deal with international lenders as the steppingstone Greece needs to finally recovery from a crushing economic crisis and seven years of recession, major opposition Coalition of the Radical Left (SYRIZA) leader Alexis...
Business
Chaos with Ongoing Greek Pharmacists Strike
Citizens have been greatly inconvenienced by the decision of Greek pharmacists to shut down their stores, protesting to the changes regarding the ownership of pharmacies embedded in the new bill introduced to Greek parliament.
In pharmacies that are on duty,...
Economy
No Third Greek Bailout Seen
As the Greek government keeps rolling out statistics showing a burgeoning recovery from a deep recession and a crushing economic crisis, European Union officials have scaled back their expectations the country would need a third bailout.
The news agency Reuters...
Greece
Greeks Griping More About Civil Servants
Greece's ongoing economic crisis has given Greeks more to be sour about, especially the lack of service in public offices, with the country's Ombudsman reporting a 26 percent increase in the numbers complaining about public administration.
That was the finding...
Economy
Troika Readies 8.3B Euro Greek Release
With Greece hoping to receive a delayed nine billion euros installment from its international lenders, they are reportedly set to deliver their next share in what remains of two bailouts, some 8.3 billion euros.
The money could come as soon...
Business
BoG Data: Cash Flow in Greek Economy Down 4%
The recovery of the Greek economy may be around the corner, but the country’s banks still seem to be tightening credit, thus draining Greek companies of vital cash flow.
Last year, the Bank of Greece (BoG) made clear that new loans would be issued...