ATHENS – While the Greek government is raising taxes tobacco products as part of the austerity measures demanded by international lenders, it’s while simultaneously trying […]
Greece’s finance minister said that the country was still in talks with international creditors over reforms, but insisted that the government was not being pressed to impose more austerity.
With unemployment having hit a record 27.4 percent last year, and varying from 60-65 percent for those under 25, Greece’s Centre of Planning and Economic Research in Greece has proposed they be given a job without a salary for a year.
ATHENS – Greece’s biggest revenue engine – tourism – showed a 15.2 percent hike from January to September in 2013, including the crucial summer season […]
During a crushing economic crisis and austerity measures that have brought record unemployment and deep poverty, and as the Greek Orthodox Church and private soup […]
Prime Minister Antonis Samaras’ hopes for an economic recovery may be hampered by a state high court ruling military pay cuts were unconstitutional and have to be repaid.
ATHENS – Overwhelmed by harsh austerity measures that have brought record unemployment and deep poverty, so many Greeks are unable to pay their loans, credit […]
A much-disputed and contested plan to allow an increased number of Sunday openings for stores in Greece didn’t draw in as many customers as hoped […]
ATHENS – In a ruling that could have perhaps more sweeping consequences, Greece’s highest court, The Council of the State has reportedly ruled that military […]
ATHENS – If a still-unreleased stress test audit of Greek banks shows they are hurting from record bad loans, they may need yet more cash […]