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Greece

News

Smoking ban still flouted

A year since the introduction of a blanket ban on smoking in public places, businesses and smokers alike continue to flagrantly flout the law.

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Greece to miss 2011 deficit target

IMF, EU and ECB inspectors started combing through Greece’s books and laws this week to decide whether it has made enough progress to receive a new tranche of the bailout that has

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Students up the ante with sit-ins

Hundreds of students took to the streets of Athens and Thessaloniki on Thursday to protest a controversial new law overhauling the higher education sector as sit-ins at university

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OPAP Q2 net profit down

Europe’s biggest betting firm OPAP announced today an annual 30.4 per cent drop in second-quarter net profit, hit by a deep recession in its debt-choked Greek home market.

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Military rehabilitate addicts

Greece looks towards its military to help drug addicts.

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Tax evasion crackdown

The Financial Crimes Squad (SDOE) will be stepping up checks on cars with foreign license plates.

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More cuts for civil servants considered

Further substantial cuts to civil servants’ salaries could be required when the government draws up its unified pay structure for the public sector.

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New moves on unemployment

The government announced this week that it is preparing a new program to contain unemployment, as the numbers of jobless continued to rise in July.

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Greek bailout fund assists bank share buyback

The fund set up to recapitalise Greek lenders in case of need can inject capital by buying common shares issued by the banks.

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Secret media fund to be scrapped

A law that has existed since military dictators ruled Greece and which allows a government department responsible for media relations to use up to 600,000 euros of public money eac

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