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Greece

News

Unemployment hits new record in April

Greece’s jobless rate scaled a new record high of 22.5 percent in April from a revised 22 percent in March.

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Greece hits target, says EU commissioner

European Regional Development Commissioner Johannes Hahn said that Greece for the first time had hit its target with regard to the absorption of funds.

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New deputy labor minister to take oath

Nikos Panagiotopoulos is set to be appointed Deputy Labor Minister in a swearing-in ceremony taking place on Thursday morning.

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Coalition leaders agree to bring forward bailout renegotiation

The leaders of the three parties that form Greece’s coalition government agreed to speed up the process by which Athens will ask its lenders for changes to the bailout.

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Tax evaders to answer for dues of 9 mln euros

Police in Attica arrested another three people for tax arrears amounting to just over nine million euros.

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Mayor unveils 10-year plan for Athens

Athens Mayor Giorgos Kaminis on Wednesday unveiled a number of social welfare policies combined with a development program for Greece’s troubled capital.

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Tsipras accuses govt of surrendering

Tsipras accuses coalition of surrendering to lenders over bailout terms

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Ferry worries are increasing

The newly built Blue Star Patmos ferry took to the Aegean Sea this week, linking Piraeus with the ports of Chios and Mytilene

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Troika urges full recognition of private college degrees

Representatives of the country’s international creditors have pressed Greek authorities to progress toward offering full recognition of degrees granted by private colleges.

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Stark warning of deeper recession

IOBE says GDP will drop by almost 7 pct this year, but privatizations could turn things around.

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