debt crisis in Greece
Scuffles have broken out between demonstrators and police outside the finance ministry in central Athens, as Greece's international debt inspectors met with ministers to discuss the pace of fiscal reforms.
Greece's parliament on Saturday approved a tough budget for next year, including further spending cuts of 3.1 billion euros ($4.2 billion), aimed at ending the country's deep recession.
The World Health Organization on Tuesday backed away from a controversial claim that Greeks were intentionally infecting themselves with HIV to receive economic benefits. "An error in the editing of the report" is to blame for its earlier mistake, WHO says. The Voice of Russia asked Gregory Hartl, spokesperson of World Health Organization to comment on it.
Claim by the World Health Organization that "about half" of new HIV cases in Greece are “self-inflicted” as a way to get state benefit payments spread like wildfire on social media Monday, leading to headlines in global press. But on Tuesday, the WHO and the group that produced the report conceded that the HIV claim was not true.
Greek officials are concerned about the threats coming from the military reservists and paramilitary organizations. In a country ravaged by internal strife, economic hardships and political clashes, the army is seen as a potential source of instability and a threat to the government.
Greek secondary school teachers decided late Wednesday to suspend their strike, local media reported, over a week after they began a walk out in protest at planned job cuts.
Greek civil servants on Tuesday launched a 48-hour strike, their second work stoppage in as many weeks to protest job cuts the government is undertaking in return for international bailout funds.
Greece braced Sunday for a week of fresh strikes against planned job cuts, with civil servants announcing further protest action just as the country's international creditors launch a new audit.
Russian railways company RZhD has filed an application for privatization of Greek national railway company OSE. The company is interested not only in Greek’s roads privatization but also planning total modernization of the country’s rail infrastructure. Along with the Russian Railways, Russian natural gas giant Gazprom has resumed talks with Greek’s state-owned DEPA Company after it turned down its plan to buy the company over its financial instability this July. VoR discussed the issue with Grigory Birg, an investment analyst from Russia's first independent analytical agency Investcafe.
Public services across Greece were disrupted on Wednesday as civil servants launched a 48-hour walkout to protest the government's decision to cut jobs as part of its bailout commitments.
The Greek economy is "back on track" but is likely to need another six years to return to pre-crisis levels, Prime Minister Antonis Samaras said Monday.
Greek unions on Wednesday said a new round of pension cuts were unavoidable, despite repeated assurances by the government that there would be no more austerity measures after three years of tough cutbacks.
Greek Prime Minister Antonis Samaras called on his government on Monday to speed up the rate of austerity reforms as the country admitted that it may need a new bailout of 10 billion euros (13.3 billion dollars).
Greek Finance Minister Yannis Stournaras said Sunday that if Greece required a new bailout in 2014, it would be a "much smaller" package of around 10 billion euros with no austerity conditions attached.
Greece's unemployment rate hit another record high in May of 27.6%, according to the country's statistics body.
US President Barack Obama on Thursday praised Greek Prime Minister Antonis Samaras for taking "bold and difficult actions" to achieve structural reforms demanded by the European Union and lending agencies.
The International Monetary Fund issued its latest tranche of 2.3 billion dollars Monday to keep highly indebted Greece afloat.
Deadline for Greece to meet the Troika terms to obtain the first tranche of a huge new bailout package expires on Friday. The $3.2 million package is at stake. The German Finance Minister Wolfgang Schauble paid a brief visit to Athens on Thursday amid tight security. He lauded Greece’s efforts to cut budget deficit and pledged support to its businesses. At the same time, he said that Greece must stick to what had been agreed and stop lobbying for its debt to be written off. Elisavet Pastrikou, world news editor at the TovIma, second biggest newspaper in the country, about situation in Greece in interview with the Voice of Russia.
Thousands of civil service workers across Greece are holding a 24-hour strike against upcoming job and salary cuts. Defying public pressure, the Greek parliament on Thursday narrowly approved new austerity measures in return for more bailout money from international lenders. The bill means tens of thousands of layoffs and slashed wages in the public sector by the end of next year. The government says the measures are necessary to put the economy back on track. Finance Minister Wolfgang Schaeuble is due in Athens on Thursday with a cheque for 100 million euros to help its debt-strapped Eurozone partner stay afloat. Anna Visvizi, Associate Professor for the Department of International Business & European Affairs - The American College of Greece (Athens, Greece), shares her opinion on the issue with the Voice of Russia.