Wednesday, November 7, 2012

seenewstoday.com : Top News updates

Greek court challenges pension reform plan
ATHENS (Reuters) – Pension reform demanded by foreign lenders may be unconstitutional, a Greek court ruled on Thursday, in a setback to the government’s efforts to push through an austerity package for the near-bankrupt country. The Court of Auditors, which vets Greek laws before they are submitted to parliament, said planned measures such as increasing the retirement age by two years to 67 and cutting pensions by 5 to 10 percent could be against the constitution. …


Insight: Greek "tax cheat" lists yield one suicide, no convictions
A death notice for former Socialist minister Leonidas Tzanis is seen on a pole in VolosVOLOS, Greece (Reuters) – Leonidas Tzanis, a Greek provincial lawyer and former government minister, went down to his basement garage in the city of Volos las t month, tied a TV cable to a metal beam and hanged himself. Friends and family say Tzanis died because he was on a list, one of several hinting at financial crimes which are dominating Greek headlines and filling a vacuum created by the state's failure to act decisively on tax evasion and corruption. …


Accused Greek journalist says rich "untouchable"
Greek editor Costas Vaxevanis speaks on the phone outside a courthouse in AthensATHENS (Reuters) – A journalist on trial for publishing the names of more than 2,000 Greeks with Swiss bank accounts accused politicians on Thursday of hiding the truth and protecting an "untouchable" wealthy elite. Costas Vaxevanis took the stand after a prosecutor accused him of defaming the account holders and calling for them to be "crucified". He faces up to two years in jail if convicted of breaking data privacy laws. The case has touched a nerve in near-bankrupt Greece, where rampant tax evasion is undermining a struggle to cut public costs and raise revenue under an EU/IMF bailout …


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