Deputy Prime Minister Theodoros Pangalos sought to empathise with homeowners facing an unpopular property tax passed by parliament this week as part of austerity measures.

PM thanks cadres for backing property tax as Germany approves bailout fund.

Economics professor Savas Robolis predicts Greece’s unemployment will hit 26 per cent next year

New Democracy party is leading the polls by 6.8 per cent over the current ruling party PASOK.

A young woman was detained by police in Rethymno, Crete, after throwing an egg at Deputy Citizens’ Protection Minister Manolis Othonas.

The Greek furniture industry suffered a 19.2 per cent decline in its production volume in the first seven months of 2011.

In a bid to earn revenue for Greece’s public coffers, the Health Ministry said private insurance companies will be able to rent rooms in state hospitals for their customers.

In an ongoing dispute between Health Minister Andreas Loverdos and the union representing the country’s pharmacists, a proposal was rejected by the minister to fully liberalise the

Greece’s chief financial prosecutor Grigoris Peponis has brought a string of criminal charges against 29 people including navy officers and former Defence Ministry officials.

Greek Finance Minister Evangelos Venizelos scaled back a target for raising revenue to pay down debt from state-asset sales amid slumping stock values and delays in implementing th