Urban decay

Gas station worker, 35, suspected to have led Combat 18 Hellas far-right group

A 35-year-old gas station employee from Ioannina, northwestern Greece, is believed to have led the far-right group Combat 18 Hellas, according to police who arrested 11 suspected members of the organization earlier this week.

Of the 11, seven are to face an investigating magistrate on Saturday on charges of running a criminal organization.

Protesters enter Bank of Greece, protesting foreclosures

A group of people protesting property foreclosures stormed the premises of the Bank of Greece in central Athens on Wednesday.

The protesters - about 25 individuals believed to be members of the "I Won't Pay" movement - were carrying banners with slogans opposing the auction of properties belonging to debt-racked Greeks and handed out fliers with similar messages to passers-by.

Greece might need to lower taxfree threshold sooner, report says

Greek authorities might be obliged to bring forward plans to lower the taxfree threshold on income to 2019 from 2020 if the country's creditors deem that the primary surplus target of 3.5 percent of gross domestic product for 2019 is beyond reach.

The potential demand is mentioned in a draft compliance report by the European Commission made public on Monday by Bloomberg.

EWG gives nod on review completion

The Euro Working Group gave the green light on Friday for the completion of the third bailout review in principle, but property auctions are still causing concern as they are seen as crucial to determining the course of Greek banks and whether or not a new recapitalization will be required.

Thousands of Greeks protest over right to strike, hitting hospitals, transport and shipping

Thousands of Greek protesters marched in central Athens on Friday against new reforms, including restrictions on the right to strike, that Parliament is set to approve next week in return for bailout funds.

In the first major industrial upheaval of 2018, the shutdown of the Athens metro, used by some 938,000 commuters daily, caused traffic gridlock in the city of 3.8 million people.

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