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Greece

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Greece to receive 7.5bln in two tranches

The government will have to complete certain structural reforms before the second tranche is released

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Greek civil servants strike as teachers forced to work

The government issued civil mobilisation papers to some 88,000 teachers who face arrest and possible dismissal if they fail to turn up for work this week

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Greek police break up major drug ring

The ring is said to have transported hundreds of kilos of cannabis from Albania to Western Europe

News

Nearly two-thirds of Greek youths are unemployed

Unemployment in Greece more than twice the average rate in the euro zone

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Ex-minister vows to name names in money laundering trial

Former Defense Minsiter Akis Tsochatzopoulos is in court over laundering kickbacks from procurement contracts

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PASOK admits party’s debt grew by 110 million euros over last decade

The party had consistently spent 30 per cent more than it earned over its time in power

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Cyprus capital controls to remain in place

A rush of withdrawals would put additional strain on the banks that Cyprus can hardly afford at the moment

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Greece to receive millions for tackling illegal immigration

Greece will get 86 million euros for curbing illegal immigration

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Former Greek PM’s mother fights Swiss account claim

Former Greek Prime Minister George Papandreou is suing three newspapers over claims she held a $550 million Swiss bank account

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As unemployment rises, Greeks still won’t take up menial jobs

Despite one of the highest unemployment rates in Europe, Greeks won’t consider labour jobs primarily staffed by migrants

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