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Politics

Vaxevanis Says Greece Hiding Tax Evasion

A Greek journalist who was arrested for exposing the names of 2,059 people with $1.95 billion in deposits in a Swiss bank said the government moved swiftly to silence him because it is trying to cover up for rampant...

Theodoros Karaoglou To Visit Melbourne

Theodoros Karaoglou, Macedonian Minister of Macedonia and Thrace, is going to visit Melbourne to attend celebrations and events in support of Macedonian issues. The Minister will attend the Macedonian Glendi on Nov. 18, which brings together a 30,000 strong crowd...

Anonymous Hacks Greek Finance Ministry, Classified Documents Leaked

A cyber-attack on the servers of Greek Finance Ministry has leaked classified documents and information online,  just a few days before the Greek Parliament is scheduled to vote  on a $17.45 billion spending cut and tax hike plan. The attack,...

Greece Riskier for Investors than War-Torn Syria: Survey

The world's markets may believe that the worst of the financial crisis in Europe is over after three turbulent years, but those people who control the purse strings of the world's businesses are not breathing any easier. An annual survey...

Troika Wants Greek Debt Restructuring

Greece would be allowed to impose losses on its public investors the same way it did to private investors in a desperate bid to write down debt, officials from the Troika of the European Union-International Monetary Fund-European Central Bank...

Stournaras Says EU/IMF Lenders Refuse to Concede on Reforms

Greece's foreign lenders have refused to make any further concessions on changes to labour laws contested by a junior coalition partner, the country's finance minister said on Sunday, prolonging an impasse on a crucial austerity package. Athens has been locked...

Samaras in Crisis Talks Over Budget

In an effort to convince his reluctant coalition partners to support a $17.45 billion spending cut and tax hike plan that is antithetical to their campaign promises to resist more austerity measures, Prime Minister Antonis Samaras has been holding...

Journalist Who Leaked "Lagarde List" Arrested

Greek Police arrested the journalist who published the list with the names of 2,059 people who made $1.95 billion in deposits in the Geneva, Switzerland HSBC bank branch. The arrest took place at a house of a friend of the Greek journalist in...

Spiegel: Troika Seeks 150 New Greek Reforms

International auditors will demand that Greece carry out a further 150 reforms to its recession-battered economy, as it teeters on the edge of bankruptcy, German newsweekly Spiegel reported Sunday. Citing an interim version of the findings of the troika of...

Prosecutor Orders Arrest of Greek Journalist who Leaked Swiss Accounts List

Greek police are seeking to locate and arrest Costas Vaxevanis, the Greek journalist who published the list with the names of 1,991 people who made $1.95 billion in deposits in the Geneva, Switzerland HSBC bank branch. Greek police said that the...

German Finance Minister Rules out Greek Debt "Haircut"

German Finance Minister Wolfgang Schaeuble ruled out public investors accepting a debt restructuring, or "haircut", on their Greek debt holding but said a debt repurchasing program could be considered. "(A haircut) is a discussion that has little to do with...

Lagarde List Leaked: Greek Politicians, Big Names

A closely-kept secret by the Greek government – the names of 1,991 people who made $1.95 billion in deposits in the Geneva, Switzerland HSBC bank branch – has been released by a Greek investigative journalist and immediately went viral...

Schaeuble: It’s Not Sure that Greece Will Stay in the Euro

It’s not yet sure that Greece will stay in the Euro. The statement was made by German Finance Minister Wolfgang Schaeuble (CDU) in an interview on the ZDF Public Service TV show "The battle for the Euro" that will...

Tsipras Says More Austerity “Final Blow” for Greece

Greek Prime Minister Antonis Samaras is trying to persuade his reluctant coalition partners to go along with a $17.45 billion spending cut and tax hike plan, the major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras...

SYRIZA MP Gives Salary to Children's Cancer Group

While Members of Parliament in Greece are being assailed by critics as being greedy and largely exempting themselves from austerity measures they have voted on workers, pensioners and the poor, a lawmaker from the major opposition Coalition of the...