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Tag Archives: government

Greece’s Govt says Eurogroup decision “will lower debt by more than €45billion”

The short-term measures announced by the Eurogroup on Monday will lower Greece’s debt by more than 45 billion euros, while rates were set at 1.5 percent, government sources said on Monday, commenting on the meeting of Eurozone’s finance ministers in Brussels. “It is a national success,” the same sources said, …

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Top Minister visited Venezuela together with off-shore lawyer

Conservative daily Eleftheros Typos reveals on Monday that the minister involved in the TV licenses visited Venezuela together with a Cypriot off-shore lawyer whose name was mentioned in the Panama Papers. The visit took place back in 2013, that is 116 months before SYRIZA won the elections and came into …

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Gov’t MPs approve Water Privatization with 152 votes

With 152 YES votes, coalition government lawmakers from left-wing SYRIZA and nationalists Independent Greeks approved the privatization of the water companies in Athens and Thessaloniki. Replying to sharp criticism form opposition parties and the society, the government insisted that “indebted state-run enterprises would hardly find an investor” and that the …

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EUROSTAT: Greece’s Primary Surplus 0.7% of GDP in 2015

The much anticipated EUROSTAT data on EU’s government deficit and debt has been released. According to the data, Greece’s primary surplus for 2015 was 0.7% of the GDP. The Greek debt is 176.9% of the GDP and not 200% as it was claimed by several analysts last summer. In 2014, …

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Greece’s TV licenses war – media on work stoppage

The plan of Greek government to ask TV owners to pay to licenses and also limit the number of private television channels broadcasting nationwide down to four has triggered a war – one of the usual Greek wars where everyone is against everyone with political parties ready to fall in …

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Greek govt’s social program – counterweight to “Red Loans” bill

Greek government announced a package of social measures as counterweight to the “red loans” bill that will be voted tonight in the Greek Parliament. The program includes among others: health care to uninsured citizens and migrants with legal papers, broadening the criteria for the ‘social invoice’ of Public Power Company, …

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