Greece
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Greece completes buyback, looks to next loan tranche
Greece completed its bond buyback program on Tuesday, accepting tenders for 31.8 billion euros
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Migrants in Greece face ‘shocking’ conditions, says UN envoy
Undocumented migrants face “shocking” detention conditions in crisis-hit Greece, raising concerns about children being held at a police station and severe overcrowding.
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Shopowners lukewarm over bid to boost retail
A new framework for the operation of the retail sector introduced for public consultation on Monday prompted a negative response.
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Greek media trying to survive huge financial crisis
The ongoing economic crisis in Greece is causing tragedy in the media. Print and visual media outlets have disappeared and thousands of journalists have lost their jobs.
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Banks need more to convince markets
Only a huge overcapitalization of the local credit sector can persuade investors to put money into it.
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Self-employed to shoulder most of new tax burden
Self-employed professionals in Greece are going to have to pay the bulk of the tax increases
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Athens may ask for additional buyback offers
Greece may ask additional offers from bondholders in a debt buyback plan that forms part of its international bailout.
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Hedge funds, local banks eager to see who blinks first
Finance Ministry seeks to secure big buyback participation
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Government relaxes terms for illegal buildings
Owners of illegally built homes to “put in order” the paperwork for their properties are set to be relaxed
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Municipal protests to continue
Union decides to extend action against labor mobility scheme until Monday