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Greece

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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.

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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.

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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.

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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.

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Grexit scenario has ‘lost its horror,’ Roesler says

Germany’s vice chancellor is questioning whether Greece can fulfill the conditions to receive further international aid.

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Riot police intervene to break steel plant strike

Scuffles broke out between riot police and protesters Friday when a prosecutor was dispatched to reopen the Halyvourgia steel plant in Aspropyrgos.

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Clinton has words of encouragement for crisis-stricken Greece

Former US President Bill Clinton has insisted that Greece can overcome the crisis as he tried to convince Greek-American businessmen to invest in Greece.

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Athens mayor announces migrant reception center

A reception center for illegal immigrants will be built in the broader area around central Athens Mayor Giorgos Kaminis announced.

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Greece pins hopes on public sector overhaul

Coalition hopes closure of state bodies, new sell-off rules will satisfy lenders.

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Church defends its tax record

The Church of Greece has again sought to fend off accusations it is not digging deep enough into its coffers to help pull the debt-wracked country out of its economic crisis.

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