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Greece

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PM wants reform soon

Prime Minister George Papandreou is pressing his ministers to redouble their efforts over the summer so the new raft of austerity measures and reforms can be implemented by Septemb

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Facelift for National Garden

All the proposals and permits are inked and sealed for the long overdue revamp of the much-neglected National Garden of Athens

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Layoffs in public sector ‘last resort’

The minister in charge of overseeing an overhaul of the bloated public sector avoided this week stating outright that mass layoffs are on the cards

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Property crisis to linger

The crisis in the Greek property market looks set to continue for another two to three years

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Protesters in Crete ransack PASOK office

Anti-austerity protesters in the Cretan city of Hania took out their wrath at the reform measures being voted through Parliament on the local office of PASOK

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Economic crisis good for the environment

The quality of air in the Thessaloniki has improved vastly thanks largely to fewer people using their cars and homeowners turning on their oil-fired boilers for shorter periods

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Fewer hospital beds due to cuts

Doctor transfers and staff cuts to reduce costs by up to 150 million euros

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Unemployment set to rise further in Greece

Shrinking economic activity in Greece continues to have negative consequences on employment, which will continue to decrease throughout 2011

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New measures not austerity but structural reform

The approval by the Greek Parliament on Wednesday of the medium-term fiscal strategy programme was an important first step toward resolving its long-term economic woes

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EU drafts plan B for Greece

China interested in extending its commercial investment in Europe

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