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8 Billion Euro Civil Servants Payroll Reduction

Greece's Administrative Reform Minister Kyriakos Mitsotakis stated yesterday that the public sector had over the last four years, eliminated 200,000 employees, which resulted in an 8 billion euro reduced civil servants payroll.

  • Published in Economy

OECD report shows alarming poverty in Greece

17.9% of Greeks, twice as many as the level before the crisis, does not have enough money to purchase food, something not observed, even in countries with much lower per capita GDP, like Brazil, or China.

  • Published in Greece

Stournaras in the hot seat

Greek finance minister Yiannis Stournaras faced tough questions from his eurozone counterparts at a summit in Brussels on Monday over dragging reform implementation.

  • Published in Greece
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