Greece
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Stournaras seeks German approval
Finance Minister to face Schaeuble as government wrestles with austerity package.
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Smuggled cigarettes take up 15 pct of market
The sale of contraband cigarettes in Greece has grown considerably, estimated at some 3.5 billion euros per year for 2010 and 2011.
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Thousands lost wages in 2011
Some 400,000 employees were not paid at least three months’ worth of wages last year, according to a former official of the state Labor Inspectorate.
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Samaras visits Omonia as Xenios Zeus continues
The Greek PM visited the run-down area of Omonia in central Athens as police continued with a crackdown on crime and arrests of undocumented immigrants.
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Trading in Postbank shares suspended
The Athens Stock Exchange suspended trading in shares of state-controlled lender Hellenic Postbank following a nearly 30 per cent plunge in its shares.
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Athens, Nicosia, Tel Aviv promote energy cooperation
The governments of Greece, Cyprus and Israel will begin discussions in September about the exporting of natural gas quantities to western European countries.
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State of emergency in Rhodes over fires
A state of emergency has been declared on Rhodes after an extensive wildfire broke out in the forested region between Agios Silas and the Petaloudes valley.
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Child porn videos retrieved
According to the electronic crime squad working on the case the video recordings were made in classrooms and show teenagers speaking Greek.
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Armed bank robber snatches cash in Anixi
An armed robber made off with an undisclosed amount of cash from a bank in Anixi, a rural area north of Athens, after shooting through the window of the bank.
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Leaders’ meeting on measures inconclusive
Prime Minister Antonis Samaras met with his coalition partners for talks on a package of some 11.5 billion euros in austerity measures for 2013 and 2014.