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Greece

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Kouri returned to Corinth

The archaeological museum of Ancient Corinth welcomed two ancient ‘Kouros’ statues to its collection during a special ceremony this week.

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Social security fraud targeted

About 1,400 people could face legal action for continuing to collect the monthly pension payments of relatives who have died

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Budget deficit up to 15.513 billion euro

The Greek state budget deficit widened to 15.513 billion euro in the seven months from January-July 2011

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Greek stocks rocked

After seventeen consecutive days of losses on the Greek stock exchange, Neos Kosmos talks to Nikolaos Porfiris – Deputy Director of HELEX

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Civil servants reject work-to-rule but prepare for strikes

The civil servants’ union, ADEDY, says that it has no intention of encouraging its members to take part in work-to-rule protests but is likely to hold strikes to protest the govern

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Fitch cuts Cyprus rating

Fitch cut Cyprus’ credit rating by two notches to BBB on Wednesday due to fiscal slippages, saying the island state was likely to require a bailout to meet its funding needs

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Greece hopes for refuge in global crisis

Government hopeful that market turbulence will act as aspur for decision makers in eurozone

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False claims on disability pension in the thousands

A total of 20,000 pensions being claimed by people who are ineligible – and costing state insurance funds an estimated 120 million euros

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New police squad to fight tax evasion

A new police squad tasked with targeting tax dodgers and armed with the powers to obtain the bank details as well as information about the stock market activities of anybody accuse

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PASOK challenges ‘mispresentation’

An open letter from PASOK was sent last week to the Greek diaspora, arguing that the world’s media and politicians have misrepresented the Greek debt crisis

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