10 million euro for BOAK road safety improvements
Last Wednesday Crete governor, Stavros Arnaoutakis, approved a 10 million € budget for safety improvements along 27 km of danger spots on the North trunk […]
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 […]
Minoan Lines to enforce ID checks on all routes
Minoan Lines announced that from 1st April 2015 all passengers on domestic sailings will require to show a photo ID before boarding. All passengers will […]
CNN Report “Greece the only villain in euro crisis? Don’t believe it!”
Europe is in the midst of a political and economic crisis that threatens to unravel decades of European integration and derail the world’s recovery from […]
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 […]
Juncker pledges 2bn euros for Greek ‘humanitarian crisis’
The EU has pledged €2bn (£1.45bn; $2.15bn) to ease what it calls Greece’s “humanitarian crisis” – echoing a term used by Greece to describe the […]
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 […]
Minoan’s Crete resort project nears exit of regulatory labyrinth
Travel company Minoan Group PLC on Wednesday said it has gained approval for its resort project in Crete. Minoan shares were up 20% to 10.95 […]
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 […]
Germans tired of demands from Athens want Greece to leave euro
Berlin cabdriver Jens Mueller says he’s had it with the Greek government and he doesn’t want Germany to send any more of his tax money […]