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Greece

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Child stabbed on Cretan vacation out of danger

A 12-year-old Russian boy who was allegedly stabbed and left for dead by a hotel employee while on vacation in Crete was recovering at a children’s hospital in Athens

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Greece issues fines of 170 million euros in April for tax evasion

Greek Financial Crimes Squad (SDOE) found that 25.6 percent of businesses and individuals whose books were checked for tax infringements were found to be in violation

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Tsochatzopoulos insists more witnesses should be called

Tsochatzopoulos called for two defense ministers in the New Democracy governments that took over from PASOK from 2004 onward to be questioned

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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

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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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