GSEE report: “The majority of Greek households cannot afford to pay their taxes”
Greek Reporter — The majority of Greek households cannot afford to pay their taxes, says a study conducted by the General Confederation of Greek Workers […]
ECONOMY
Italy confirms interest in Greece’s Trainose
Reuters — Italy’s state rail company is considering bidding for Greece’s rail network Trainose, a spokesman for Ferrovie dello Stato said on Wednesday. “We are […]
One third of Greeks live in poverty
OECD’s latest Economic Survey of Greece shows that poverty in Greece has risen significantly since the eruption of the debt crisis in early 2010 and affects […]
Schäuble: “no reason to take decisions now on how to ease Greece’s debt burden”
Greece’s debt relief prospects have run into German resistance now that creditors are returning to Athens to finish the bailout review that will pave the […]
Tyler Cowen: Greek bailout programs are never going to work
Greek Reporter — One of the ongoing debates both among economists and policymakers is over the failure of the Greek bailout programs. Why is Greece […]
Germany rejects calls to give Greece more time for budget goals
Reuters — Germany has rejected calls to give Greece more time to reach budget goals agreed with international lenders for its third bailout programme as […]
IMF calls on EU to be ‘realistic’ about aid for Greece
AFP — The IMF called on the European Union on Thursday to be more “realistic” about what Greece must due to obtain further aid under […]
Schaeuble presses Greece on bailout terms, urges EU solidarity
Bloomberg –German Finance Minister Wolfgang Schaeuble said Greece must keep to its bailout commitments, though the country deserves more help by its European partners in […]
Ex-Bank of England boss: Greece’s crisis is ‘almost a deliberate act of policy’
Former Bank of England Governor Lord Mervyn King is continuing his vocal criticism of Europe, claiming Greece’s current economic, social, and political crises have been […]
No decision on return of mission chiefs to Athens for bailout review
Monday’s Euro Working Group (EWG) ended without an agreement on when the institutions’ mission chiefs will return to Athens. During what was said to be […]
Greek unemployment rate down by 0.1% in November
Greek unemployment rate dropped slightly to 24.6% of the workforce in November 2015, from 24.7% in October, Eurostat announced on Tuesday. In a report released in […]
Lenders could return to Athens for bailout review in early March
Reuters — International lenders could return to Greece within the first 10 days of March to complete a bailout review, Prime Minister Alexis Tsipras said […]
The agreement we signed is our limit, says gov’t vice president Dragasakis
ANA-MPA — “We will not talk about additional cuts in pensions or additional measures. The agreement we have signed is our limit and we are following it” […]
Port officials seize more than 370,000 packets of contraband cigarettes
Port authorities at Igoumenitsa, northwestern Greece, have seized more than 370,000 packets of contraband cigarettes that were hidden in a consignment of fish. Officials said […]
Drop in early holiday reservations in eastern Aegean islands -“Govmt must act”
Greece‘s tourism is facing a threat, as significant cancellations in reservations are occurring in touristic destinations where there are refugee and migrant flows. Association of […]