Hatzidakis

Greece, Troika Talks Far Apart

Envoys from Greece's international lenders are squeezing the uneasy coalition government led by Prime Minister Antonis Samaras, the New Democracy Conservative leader to push the pace of reforms - including firing public workers, privatizing state entities and ending professional...

No VAT For Shipping Through Piraeus

Hoping to kick start investor interest and lure more business, Greece will exempt big companies that ship products to Greece and use the port of Piraeus as a hub from its 23 percent Valued Added Tax (VAT) which is...

Worried Samaras Mulls Cabinet Shake-Up

Concerned that his ministers are reacting too slowly to implement reforms demanded by international lenders, Greek Prime Minister Antonis Samaras is reportedly considering replacing some of them, the newspaper Kathimerini reported. With tax revenues falling far short of expectations despite...

Samaras in Qatar Looking for Investments

Coming on the heels of Qatari development officials pulling out of a bid to develop Athens’ former international airport site that has lain dormant for more than decade, Greek Prime Minister Antonis Samaras begins a trip to Qatar on...

Illegal Fuel Trade Moves to Ships

A leveling of Greece's special consumption tax on diesel with that of heating oil hasn't stopped illegal fuel trading and government officials are now concerned that's moving to the shipping industry as well and are planning steps to...

Metro Strikers Defy Samaras, Road Chaos Seen

Striking Greek Metro workers said they would stay off the job for a ninth consecutive day on Jan. 25 and disobey a mobilization order from the government to return or be fired or jailed. The deadline for the strikers to...

Striking Metro Workers Refuse Return Order

The head of the Athens Metro workers union, Antonis Stamatopoulos, whose members have been on strike for eight days over pay cuts, shutting down the system, said his members wouldn’t come back to work and defied the government to...

Striking Workers Defy Court, Won't Return

Striking Greek Metro workers said they would continue their work stoppage for a sixth day on Jan. 22, refusing to obey a court order they return to their jobs after a judge declared their strike illegal. The workers are...

Greek, Cypriot Music Stirs Vienna Concert

A concert to celebrate Cyprus was held at the Brahms Hall at the renowned Concert of the Society of the Friends of Music in Vienna, sponsored by the Cypriot Cultural Centre. Founded in 1812, the name of the society...

Greek Red Tape Costs 14 Billion Euros

Greece's slow and burdensome bureaucracy is estimated to cost the cash-strapped country a total of 14 billion euros a year, ($18.26 billion) or 6.8% of Gross Domestic Product (GDP) - almost double the European Union average of 3.5%. That was...