Greek Tax Crackdown Yields Little Revenue
Tax evasion lies at the heart of the Greek financial collapse, yet efforts to collect billions of euros in taxes from deadbeat residents have yielded little additional revenue.
Most Greeks want government to pursue Germany for war reparations
Eight out of 10 Greeks believe the government should pursue Germany over war reparations, following a classified report by the Greek Finance Ministry indicating the debt stands at €162 billion.
Greek bank stocks plunge after merger freeze
Merger of two biggest banks is on hold after international lenders express concern about the banks' ability to raise $20 billion. Fears over Greece's economy resurge. ATHENS — Greek bank stocks plunged 30% on Monday, the maximum allowed in a day, after plans to merge the country's two biggest lenders were suddenly frozen.
Secret report: Berlin owes Greece €162 billion in war reparations
Details of a secret report compiled by the Greek Finance Ministry concerning the amount owed to Athens by Berlin in WW11 reparations have been leaked. The report concludes Greece is owed €162 billion, but Athens is wary of raising the issue with Germany
Canada's Eldorado Gold denies rumours of a Greek exit
Canada's Eldorado Gold Corporation (ELD) has quashed rumours that it intends to pull out of Greece, by announcing that it intends to invest up to €1 billion in gold mining in northern Greece.