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Greece

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Bartering system to Volos citizens’ aid

A city full of resources but short on Euros, Volos tapped into an old-school bartering system to survive in a time of crisis.

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Funding for migrants to return home

The Citizens’ Protection Ministry announced a new program aimed at returning 7,000 undocumented immigrants to their homelands as part of a voluntary repatriation scheme being finan

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Major banks count losses

Alpha Bank, Eurobank EFG, National Bank and Piraeus Bank, the country’s four major commercial lenders, are expected to announce combined losses of more than 22 billion euros for 20

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Tsochadzopoulos taken to Korydallos prison

Former Pasok minister Akis Tsohadzopoulos was remanded in custody pending trial at Korydallos prison on Tuesday, on foot of an order issued the previous by an examining magistrate

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Speed up growth plan, Venizelos insists

Pasok leader Evangelos Venizelos has written to the European Commission, urging it to speed up a programme aimed at providing some relief to the recession-plagued economy.

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Zografou blocks NTUA funding

The rector of the National Technical University of Athens (NTUA), Simos Simopoulos, is due to meet the mayor of Zografou, Costas Kalliris, on Wednesday in a bid to settle a financi

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Revenue drop for Athens hotels

The average revenue per room per night at three-, four- and five-star hotels in Athens dropped by 19.1 per cent in February compared with the same month last year.

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Bakoyannis set to be investigated

The Supreme Court prosecutor’s office asked parliament to lift the parliamentary immunity of Democratic Alliance president MP Dora Bakoyannis, in order to be investigated after it

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Four airlines share routes

After a considerable delay – given that the tourism season started in late March – the airlines to fly the country’s 24 subsidized air routes were finally announced last week, with

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Deficit contained as spending is cut

Reduced tax refunds, the curtailing of the Public Investment Program and the containment of expenditure by about one billion euros have led to the budget deficit being 1.3 billion

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