Advertisement

Greece

News

Leaders agree bulk of new cuts

About 10 of 11.5 bln euros in savings approved by coalition chiefs, to meet again on Monday.

News

Ministry applies for open mall funding

The creation of so-called open shopping malls could be the best possible solution for the local retail sector’s current dire problems.

News

Council of State rules for longer pharmacy hours

A decision by the Council of State has opened the door to extending pharmacy opening hours, a change that has been vehemently opposed by professionals in the sector.

News

Coalition chiefs to meet to finalize 11.5 bn in cuts

The leaders of the three parties that form Greece’s coalition government face the unhappy task of approving 11.5 billion euros in spending cuts over the next two years.

News

Troika to return to Athens in September

Troika officials, who continued their inspection in Athens, will return to Greece in September to complete their review, a European Commission spokesman.

News

PM rules out bailout changes for now

Greek PM Antonis Samaras made it clear to his party’s MPs that the government has no intention of attempting to renegotiate Greece’s bailout terms at the moment.

News

Gov’t aims for 6.5 billion in taxes

Finance Ministry planning to allow taxpayers to settle dues in as many as 10 monthly instalments.

News

State firms cut salary spending in half

While the government is examining the application of a unified salary scheme for state corporations, the effort to contain salary costs is already bearing fruit.

News

Bookings rise feeds tourism optimism

After it seemed that Greece had fallen out of favor with Northern European tourists, they appear to have been reconsidering the country as a holiday destination.

News

Gov’t risks Greek euro exit, says Tsipras

SYRIZA leader Alexis Tsipras urged the government to reject the austerity measures being demanded by its troika of lenders as they would ensure Greece’s exit from the eurozone.

Advertisement