High taxes and extra charges on the income of ordinary taxpayers, combined with the deepening recession, have made the tax breaks for shipping industrialists a thorn in society’s side. It seems, however, that the new Minister will not change the policy pursued so far.

While voting laws to reduce the number of civil servants, ministers made new appointments, states a report by representatives of the supervisory Troika in Athens.

Konstantinos Mitropoulos, Executive Director of the Privatization Agency, stressed in an interview he gave that privatization is a lever for development, not a clearance sale of state assets.

Тhrough videos and photos they present their views on the current situation at the international exhibition «It's the Political Economy, Stupid»

Representatives of the supervisory Troika will visit Athens over the coming days to meet the newly formed government

In the southern part of the Cycladic islands, between the islands Ios and Folegandros, is Sikinos island, one of the smallest Cycladic islands

The condition of the new finance minister Vassilis Rapanos is also improving. Both he and the Prime Minister will be discharged on Monday.