Senior Correspondent, Greece
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Jan 18, 2013

Greece to probe former finance minister over tax list scandal

ATHENS, Jan 18 (Reuters) – Greece’s parliament voted early
on Friday to probe former Finance Minister George
Papaconstantinou for his role in a scandal over a list of
potential tax evaders that has rattled the fragile ruling
coalition.

In a relief for the government, Socialist chief Evangelos
Venizelos, a former finance minister and one of three coalition
leaders, escaped an inquiry into his handling of the list after
lawmakers voted by a wide margin against the move.

Jan 17, 2013

Greek parties in uproar over tax scandal before inquiry vote

ATHENS, Jan 17 (Reuters) – Greece’s leftist opposition
called on Thursday for two former finance ministers to be
punished for failing to act on a list of potential tax evaders,
hours before a parliamentary vote to decide who to investigate.

Parliament will vote later on whether former finance
ministers George Papaconstantinou and Evangelos Venizelos as
well as two former prime ministers must face an inquiry over the
affair, which has rattled the fragile ruling coalition.

Dec 17, 2012

Greece’s lenders warn of “very large” risks to bailout

ATHENS (Reuters) – Political resistance and potential court challenges are among “very large” risks to reforms required for Greece’s bailout program, the country’s European lenders said on Monday.

The long-awaited report from the European Commission and the European Central Bank details the findings of the “troika” of the EC, ECB and the International Monetary Fund on Athens’ efforts to meet targets under its latest rescue package.

Dec 6, 2012

Insight: Tortured, detained and ordered out: a migrant’s tale in Greece

SALAMINA, Greece (Reuters) – Egyptian immigrant Waleed Taleb says demanding his unpaid wages in Greece came at a heavy price; 18 hours chained and beaten by his boss, a stint in jail and orders to leave the country he calls home.

One of hundreds of thousands of undocumented immigrants who toil in Greece’s black labor market, Taleb had just finished cleaning the bakery where he worked one November morning on the island of Salamina when he sparked his boss’s fury.

Dec 6, 2012

Tortured, detained and ordered out: a migrant’s tale in Greece

SALAMINA, Greece, Dec 6 (Reuters) – Egyptian immigrant
Waleed Taleb says demanding his unpaid wages in Greece came at a
heavy price; 18 hours chained and beaten by his boss, a stint in
jail and orders to leave the country he calls home.

One of hundreds of thousands of undocumented immigrants who
toil in Greece’s black labour market, Taleb had just finished
cleaning the bakery where he worked one November morning on the
island of Salamina when he sparked his boss’s fury.

Dec 3, 2012

Greece to buy back bonds via Dutch auction

ATHENS (Reuters) – Greece said on Monday it would buy back bonds through a Dutch auction as part of efforts to cut its ballooning debt, allowing it to assess the level of demand before setting a final price for the deal.

The bond buyback is central to the efforts of its foreign lenders to put Greece’s debt back on sustainable footing, and its success will pave the way for the country to get long-delayed funding to avoid bankruptcy.

Dec 3, 2012

Greece launches bond buyback offer via Dutch auction

ATHENS, Dec 3 (Reuters) – Greece said on Monday it would buy
back bonds through a Dutch auction as part of efforts to cut its
ballooning debt, allowing it to assess the level of demand
before setting a final price for the deal.

The bond buyback is central to the efforts of its foreign
lenders to put Greece’s debt back on sustainable footing, and
its success will pave the way for the country to get
long-delayed funding to avoid bankruptcy.

Sep 20, 2012

Tensions simmer as Greece, lenders battle over austerity

ATHENS, Sept 20 (Reuters) – Greece’s latest round of talks
with lenders on an austerity plan was marked by moments of
tension as the two sides squabbled over a plan to reform the
country’s bloated public sector, government officials told
Reuters on Thursday.

The dispute is the latest challenge facing Prime Minister
Antonis Samaras’s government, which is struggling to reach
agreement both internally and with the troika of European Union,
European Central Bank and International Monetary Fund lenders on
an unpopular package of spending cuts worth nearly 12 billion
euros.

Aug 1, 2012

Leaked emails on Greek tax evasion embarrass government

ATHENS (Reuters) – A leaked document from Greek officials complaining they could not justify ambitious targets for proceeds from fighting tax evasion has embarrassed Greece’s new government and led to the arrest of a senior finance official.

Lambros Liosis, budget department chief at the ministry’s General Accounting Office, appeared before prosecutors on Wednesday after being charged with violating personal data and state secrecy laws for leaking the document.

Jul 26, 2012

Olympics-Greek judoka eyes gold for crisis-hit nation

ATHENS, July 26 (Reuters) – Greek judoka Ilias Iliadis says
much more than personal glory is at stake when he goes for his
second Olympic gold – an entire nation reeling from a painful
economic crisis is looking to him for a moment of joy.

Iliadis, who grabbed gold in judo when he competed as a
17-year old at the 2004 Athens Games, is considered as one of
Greece’s best bets for Olympic glory in a year the financial
problems has by far overshadowed its London Games prospects.