IMF
Economy
Greek Lawmakers OK Tax Hikes
Moving to quickly satisfy international lenders, the Greek Parliament has approved a series of unpopular tax hikes and reforms to increase government income, one of the main conditions to qualify for continued aid from the Troika of the European...
Economy
Greece Will Close Obsolete Enterprises
The Greek Parliament has approved a plan to start dismantling state agencies that have little or nothing to do and start merging others in the beginning of what labor unions said is a move to fire scores of thousands...
Crime
Gap Shows Up in Lagarde List USB Stick
The convoluted case of a list of 2,062 Greeks with $1.95 billion in secret accounts in a Swiss bank that hasn't been checked for possible tax evasion took another bizarre turn with a report that the names of three...
Economy
Papandreou, Papademos, Parliament Probe Targets
A move by the Independent Greeks party to include Former Premier George Papandreou and interim Prime Minister Lucas Papademos in an investigation of why a list of 2,065 Greeks with $1.95 billion in secret accounts in a Swiss bank...
Crime
Papaconstantinou Says He Didn't Check Lagarde List
Former Greek finance minister George Papaconstantinou, set to be questioned over his role in the handling of a list of 2,062 Greeks with $1.95 billion in a Swiss bank that hadn’t been checked for tax evaders, said he never...
Economy
Samaras Meets Merkel in Berlin
In Berlin for the second time since he took office last June, Greek Prime Minister Antonis Samaras reported to German Chancellor Angela Merkel on his country’s progress in administering reforms and imposing the austerity measures international lenders demanded in...
Crime
Troika Nixes Amnesty for Foreign Deposits
As Greece struggles with growing reports of Greeks with deposits in foreign banks in Switzerland, Luxembourg and Lichtenstein – and possibly other countries – that haven’t been vetted for possible tax evasion, the country’s international lenders have rejected a...
Economy
Samaras Will Meet Merkel in Berlin
Greek Prime Minister Antonis Samaras reportedly will head to Berlin this week to give German Chancellor Angela Merkel an update on the progress of economic reforms and more austerity measures that she insisted upon in return for backing continued...
Economy
IMF Miscalculated Greek Austerity Effect
The top economist at the International Monetary Fund (IMF) one of Greece’s Troika of lender, has admitted that the agency didn’t calculate how devastating the austerity measures it wanted would be on the Greek economy and those of other...
Business
Samaras Sets Qatar Investment Trip
As Greek Prime Minister Antonis Samaras readies a rescheduled visit to Qatar to woo investment for his cash-strapped country, his hosts are already showing interest in acquiring troubled Greek defense companies as part of a long-delayed massive privatisation.
Samaras was...