The Ministry of Development decided to step up efforts to battle illegal street trading with a seven-point action plan, according to officials.

Eurogroup chief Jean-Claude Juncker warned that Greece was facing its “last chance” to stay in the eurozone.

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

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

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.

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

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.

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

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

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.