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Greece

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Furniture industry production continues decline

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

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Hospital rooms for rent

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.

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Pharmacists reject longer hours

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

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Prosecutor charges 29, including navy, defence staff in sub probe

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.

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Venizelos lowers asset-sales goal

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

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Prosecutor to probe ex-statistician’s claims

Top prosecutor Grigoris Peponis on Monday ordered a preliminary investigation into claims by a former employee of the Hellenic Statistical Authority.

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New plan may not hold water

Four years after missing a European Union deadline for meeting quality standards for its lakes, rivers and underwater reserves, Greece has finally created a viable system for monit

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Cyprus goes ahead with gas exploration

Turkey threatens to send gunships to protect its planned explorations off the island’s northern coast.

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Greeks strike over pain and anger at austerity

Greek workers staged a 24-hour strike on Thursday forcing the transport system to a standstill, protesting against the government’s intensified austerity drive securing aid in orde

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More job cuts on the cards

Anger over austerity among ordinary Greeks is matched by bailout fatigue among north European creditor countries, especially Germany, Finland and the Netherlands.

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