Greece
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Kyriakos Mitsotakis

Greece's Troika Deal: Fire Crossing Guards, Janitors

Greece and its international lenders have reportedly struck a last-minute deal to keep loans coming in return for the firing of public workers, mostly those in lower pay grades, such as school crossing guards, janitors, teachers, and municipal police...

Greek Bank Chief Joins Troika Talks

As the government tries frantically to satisfy international lenders it is making enough progress in reforms to trigger release of a delayed 8.1 billion euro ($10.6 billion) installment, Bank of Greece Governor Giorgos Provopoulos is jumping into the fray...

Greece Says Troika Deal In Sight

With Greece's international lenders setting a deadline for the end of July 5 for the government to show progress on key reforms or face a delay or cut-off of an 8.1 billion euros ($10.6 billion) installment, negotiations reportedly were...

Greece Plays Troika For Time

His chair's not even warm yet but Greece's new Administrative Reform Minister, Kyriakos Mitsotakis, said he will ask the country's international lenders to give him a few more months to put together a scheme to start getting rid of...

Secondary School Teachers Move to Elementary Schools

In order to immediately implement the mobility scheme of 12,500 employees, the newly appointed Administrative Reform Minister, Kyriakos Mitsotakis, and Deputy Minister of Education, Evi Christophilopoulou, discussed with the Troika the moving of 5,000 teachers from secondary to primary...

Greece Braces For Tough Troika Talks

The Troika is back in town, and Greek officials said they are expecting "truly difficult" talks with envoys from the country's international lenders, the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) over lagging reforms and a 1-billion euro ($1.3...

More Austerity Seen Coming For Greece

Greek Prime Minister Antonis Samaras may yet have to break his promise not to impose more pay cuts, tax hikes and slashed pensions on beleaguered Greeks because of a billion-euro hole in the country's budget in the wake of...

Mitsotakis Wants More Firing Time

Prime Minister Antonis Samaras' Cabinet shakeup to bring in PASOK Socialists as a reward for backing his closing of state broadcaster ERT means the government won't be able to meet deadlines set by international lenders to start firing more...

The Samaras Shuffle Under Way

Prime Minister Antonis Samaras and PASOK's Evangelos Venizelos were to meet on June 24 to discuss a shakeup in the Cabinet that will dump some of the Premier's ministers and replace them with Socialists to reward Venizelos for backing...

Coco- Mat Opens New Store in Berlin

Coco-Mat, the Greek company of mattresses with all-natural materials opened a new store in the German capital on May 29 in the presence of the Greek ambassador in Berlin, Panayotis Zografos. The new store, located in the center of Berlin,...