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Greece

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Lagarde finds word of praise for Greek efforts

IMF MD Christine Lagarde defended the lender’s role in Greece and said the nation has made progress even as it needs to deepen structural changes to its economy

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Alpha has bid for Emporiki Bank

Alpha Bank confirmed on Tuesday that it has made a bid for the acquisition of rival Emporiki, in response to a question by the Capital Market Commission.

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No plans to extend conscription

The government will not proceed for the time being with plans to lengthen military service, Defense Minister Panos Panayiotopoulos said.

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Course for quickfire sell-offs charted

The government will try to privatize at least one major public enterprise, probably the OPAP gaming firm.

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Piraeus Bank eyes synergies worth millions

Lender is absorbing ATEbank’s assets.

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Bill allows closure of universities to cut spending

A bill tabled in Parliament on Monday paves the way for the government to close down dozens of universities if it chooses to reduce public spending in this manner.

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Far-right MP’s attack on mayor fuels ire

Reports of an assault on Corinth Mayor Alekos Pnevmatikos by a Chrysi Avgi (Golden Dawn) MP prompted an angry reaction by political parties.

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No more concessions to Greece, says Schaeuble

No further concessions can be made to Greece, Germany’s Finance Minister Wolfgang Schaeuble said

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Italian ministers get fattest paycheck

It has become something of a trend in Europe for prime ministers to start with themselves when announcing cuts to government salaries.

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July tax inspections find over 22,000 violations

The Financial Crimes Squad (SDOE) on Thursday reported that six in 10 businesses inspected at popular tourist resorts were not issuing sales receipts.

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