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Commission extension for Greek bank support measures

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The European Commission on Wednesday approved an extension, until Dec. 31, 2010, of a series of support measures taken by the Greek and Polish governments to aid domestic credit institutions.

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Parliament refers 5 former ND government ministers to House preliminary investigation commission in Vatopedi-Lake Vistonida scandal

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The parliament plenary on Tuesday voted to refer to a parliamentary Preliminary Examination Committee five ministers of the former New Democracy government for implication in the controversial land swap between the Mt. Athos Monastery of Vatopedi and the state, in the case referring to Lake Vistonida and surrounding areas.

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Court declares Piraeus port strike illegal

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A Piraeus court on Monday declared the strike called on Tuesday by the PEMEN and "Stefenson" trade unions illegal, accepting the call for a restraining order requested by the Association of Shipping Businesses.

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Large load of Argentine lemons confiscated at port of Piraeus

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A total of 77.8 tons of lemons imported from Argentina were found unsafe for consumption and were blocked at the port of Piraeus, following inspections by Piraeus prefecture and customs officers.

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Draft law on gaming out for public consultation in the next days

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Press reports claim that the government will finally accept infinite internet betting licenses instead of 3 to 5 initially mentioned.

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BoG says Greek deposits decreased by 0.9% m-o-m in May

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BoG said that the domestic private deposits decreased by €17.3bn in the first five months of 2010, €2.1bn of which in May, to €220.1bn.

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PPC sees a 5-15% cut in commercial clients’ tariffs

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During PPC’s AGM, management said that they will seek government’s approval to cut commercial tariffs by 5-15% so as to become competitive and, hence, reduce the pace of market share losses in the supply segment.

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Tax revenue in Greece at 32.6% of GDP, Eurostat

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Tax revenue in Greece accounted for 32.6 pct of GDP in 2008, significantly below the EU-27 and Eurozone average rates of 39.3 pct and 39.7 pct, respectively, Eurostat announced here on Monday.

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Gov't presents fiscal management legislation to Parliament

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    Finance Minister George Papakonstantinou on Monday presented a ministry legislation aimed at drastically changing ways of drafting, executing and monitoring state budgets through the creation of modern fiscal rules and principles in managing public money.

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Papandreou letter to G-20 leaders

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Prime Minister George Papandreou, in his capacity as Socialist International (SI) president, on Saturday sent two separate letters by the group, the first to heads of state and governments of the G-20 countries, and the other to a handful of top international political leaders regarding the explosive situation in the Middle East.

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Samaras: ND against EU-IMF memo

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Main opposition New Democracy (ND) leader Antonis Samaras addressed the last day of the party's 8th congress in a southern Athens indoor stadium on Sunday by emphasising that ND's goal is to relieve the country of the memorandum it signed with the EU and IMF.

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