Greek Church offers up property to help Athens raise funds for debt
The head of Greece’s Orthodox Church said on Saturday it was willing to put property it owns up for development to help raise money to […]
National News
Lagarde: “Greece needs the reforms that have not been implemented in the last few years”
The head of the International Monetary Fund, Christine Lagarde said on an interview with PBS TV that the Greek pension system is not sustainable and […]
Greece makes IMF payment, resumes asset sales, but cannot please Europe
Greece made a crucial payment to the International Monetary Fund on 9 April and won extra emergency lending for its banks on Thursday but it […]
Lagarde welcomes loan payment commitment from Athens
Ms Lagarde said continuing uncertainty over Greece’s ability to repay its debt was not in the country’s interest International Monetary Fund chief Christine Lagarde has […]
A strange offer of help: Germany to freeze bank accounts of Greeks suspected of tax fraud, but only if Greece gives in to creditors demands
Germany would be willing to freeze the bank accounts of wealthy Greeks suspected of tax fraud, Economics Minister Sigmar Gabriel said in a newspaper interview […]
Spiegel: Schulz warns Greece over dealings with Moscow
German weekly magazine Spiegel highlighted the strict warning that German European Parliament President Martin Schulz gave to Prime Minister Alexis Tsipras concerning his visit to […]
Crisis-ridden Greece hit by tax avoidance through the Netherlands
A new SOMO report reveals that while Greece endures harsh austerity measures imposed by the European Commission, European Central Bank and IMF and supported by […]
Last week in the Greek press
Sifis the crocodile found dead IKA to axe any doctors found to have role in fraud ring Greece has not submitted reform proposals yet, Germany […]
Official figures show 44.8% of Greek pensioners live below poverty line
International creditors want pension cuts, but most Greek pensioners are poor and over a quarter living under the poverty line. Official figures showed that the […]
Greece and Switzerland agree to cooperate against tax evasion
Tax evasion is a hot issue both in Greece and internationally in the wake of the HSBC Swissleaks. As a result, the EU and its […]
Draghi says ECB didn’t ‘blackmail’ Greece
European Central Bank (ECB) president Mario Draghi has rejected suggestions the bank is blackmailing Greece by making it tougher for its cash-strapped government and banks […]
Former Greek finance minister given suspended sentence over ‘Lagarde list’
Greece’s former finance minister George Papaconstantinou was allowed to walk free on Tuesday after a tribunal exonerated him over his handling of the infamous “Lagarde […]
Tax incentives planned for cashless transactions
A study by the Centre of Planning and Economic Research (KEPE) submitted to Deputy Prime Minister Yiannis Dragasakis makes proposals aimed at reducing tax evasion […]
Study finds that the poor have paid most for the crisis
A study for the Düsseldorf based Macroeconomic Policy Institute (IMK), titled “Greece: Solidarity and Adjustment in Times of Crisis,” examined the impacts of the crisis […]
Greece defies EC with anti-austerity law
The Greek parliament has approved a package of social measures, despite warnings from the European Commission against “proceeding unilaterally”. In parliament, the Greek Prime Minister […]