Latest News from Greece
Mardas points to slander over supposed 80,000-euro transfer
Alternate Finance Minister Dimitris Mardas, speaking with private MEGA TV on Wednesday, dismissed charges against him regarding a supposed 80,000-euro transaction taking money out of Greece and putting it into a Luxembourg account. He said that he has not siphoned any money out of the country since the snap elections saw the victory of the Radical Left Coalition (SYRIZA) on January 25.
Thessaloniki mayor clarifies: I called (Greek govt) crazy … not stupid!
Thessaloniki’s outspoken mayor apparently revved up his “outspokenness” this week, as he was quoted in an interview by the German weekly Die Zeit as calling members of the leftist SYRIZA government “stupid”.
Political maverick Yiannis Boutaris, however, denied the press report, saying he used the word “crazy”, not “stupid”.
Moody's downgrades Greek bank products, OTE rating
Moody?s Investors Service announced it downgraded 18 notes and affirmed one note in eight Greek structured finance transactions late on Monday.
This follows Moody?s lowering of its country ceiling on Greece to B3 from Ba3 and its downgrade of Greece?s sovereign rating to Caa2 from Caa1 that occurred on April 29.
Over 120,000 Greeks apply for aid from government
Almost 121,000 Greeks applied for meal vouchers, free electricity and rent subsidies in the first two weeks of a new program introduced by the government to tackle what it calls the ?humanitarian crisis? in Greece.
According to the Labor Ministry, a total of 120,726 people have submitted applications since the scheme was launched.