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Greece

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No one spared in public sector cuts

The govt has decided to leave virtually no category of public servants and pensioners unaffected by spending cuts.

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Greece freezes public funding for NGOs

Public funding for nongovernmental organizations was frozen on Tuesday as part of the effort to reduce waste.

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Troika expected to approve cuts by mid-September

The government hopes to obtain its lenders’ approval for a new wave of austerity measures worth about 11.5 billion euros by the middle of next month.

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Greece to meet with euro leaders

Greece readies plan for 13.5 bln in cuts ahead of Samaras trip to Berlin

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Fire razes mastic gum trees on Chios

Nearly 13,000 hectares of arable land and forested areas, including hundreds of valuable mastic trees, have been razed by a wildfire that burned into its third day on Chios.

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Greek debt rises to 303 bn euros

Central government debt reached 303.53 billion euros as of June 30, rising by 23.2 billion from March 31, finance ministry data showed.

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OTE sees tough times ahead

OTE expects the economic downturn to impact its second-half performance after cost-cutting drove a 68 per cent jump in second-quarter profit.

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Samaras to seek bailout extension

Prime Minister Antonis Samaras will hold his first meetings with eurozone leaders to assure them he will honour a pledge for more austerity and ask for an extension.

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August exodus from Athens more subdued than usual

Fewer ferry sailings than usual have been scheduled for the normally busy period around August 15, a public holiday in Greece.

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Tunisian man dies after attack in Thessaloniki

A 25-year-old Tunisian man died after being attacked in Thessaloniki on Tuesday.

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