greek-austerity - Latest News on greek-austerity | Read Breaking News on Zee News

Greek austerity reduces level of bribery: Survey

Last Updated: Friday, March 08, 2013, 18:37

Fewer Greeks are paying bribes for services across the country nowadays, as three years of austerity seems to have taken a toll on petty corruption, a survey of Transparency International Greece showed Friday.

Austerity necessary to regain credibility: Greek PM

Last Updated: Sunday, September 09, 2012, 14:05

Greek Prime Minister Antonis Samaras has stressed that a fresh austerity package under discussion is necessary to regain credibility and overcome the threatening debt crisis.

Euro Zone FMs meet in Brussels on Monday

Last Updated: Monday, February 20, 2012, 00:53

The euro zone finance ministers are expected to approve Greece's second bailout in 21 months at a crucial meeting tomorrow as the debt-laden nation fulfilled more conditions set by the European Union (EU) and the International Monetary Fund (IMF) to receive the assistance.

Greece still to convince Europe over rescue deal

Last Updated: Monday, February 13, 2012, 22:25

Europe gave Greece until Wednesday to convince sceptical international creditors that it would stick to the punishing terms of a multi-billion-euro rescue package, endorsed by parliament as rioters torched downtown Athens.

Greece drafts bailout text for parties as talks inch forward

Last Updated: Tuesday, February 07, 2012, 22:49

Safe haven German government bond futures reversed gains on news of progress in the talks, while the euro also rose against the dollar.

Greek austerity budget approved by parliament

Last Updated: Wednesday, December 07, 2011, 08:59

A Greek austerity budget setting out tough deficit goals passed through parliament early today as European leaders came under mounting pressure to tame the eurozone's burgeoning debt crisis.

Greek protests as France, Spain face squeeze

Last Updated: Friday, November 18, 2011, 00:37

More than 30,000 Greeks took to the streets of Athens in a protest rally that marked the first public test for a new national unity government that must impose painful spending cuts and tax rises if the country is to escape bankru

Protest against Greek austerity vote turns violent

Last Updated: Friday, October 21, 2011, 00:05

Thousands of protesters rallied in front of the Greek parliament, where clashes broke out between rival groups.

Greek parliament gives initial approval to austerity law

Last Updated: Thursday, October 20, 2011, 00:42

Greek lawmakers gave on Wednesday initial approval for an austerity law cutting wages and hiking taxes, crucial for the country to receive a next batch of bailout funds and avoid bankruptcy.

Greek cabinet approves plan to sack state workers

Last Updated: Sunday, October 02, 2011, 21:55

The Greek cabinet approved a measure on Sunday to begin reducing the number of state workers, a contentious part of an austerity plan aimed at freeing up EU and IMF loans.

US backs tough Greek austerity measures: Hillary

Last Updated: Sunday, July 17, 2011, 23:03

Greece`s government has embarked on austerity after missing its deficit-cutting targets.

Fresh strikes against Greek austerity policies

Last Updated: Monday, March 08, 2010, 18:04

Greek civil servants led fresh strikes Monday against government spending cuts as Prime Minister George Papandreou sought to drum up support for his government`s policies in Washington.