Politics

It's been ten months since Spiros Heliotis migrated to Australia. He studied business administration in Greece but, as have many Greeks, left to find a better life and future. Since then, in collaboration with Nikitas Ballas, he has written...

Greece's debt will "have to be addressed" as part of the solution to fix the country's near-default economy, and the International Monetary Fund is still targeting a debt ratio of 120% of gross domestic product, the head of the...

Greek Parliament President Evangelos Meimarakis, handpicked for the position by Prime Minister and New Democracy Conservative leader Antonis Samaras, said he will suspend himself from his duties during a reported investigation into alleged corruption by the country's financial crimes...

During an interview in Mediapart, a French online newspaper, Prime Minister Jean-Marc Ayrault said that it's unethical that rich Greeks are not paying their fair share of taxes during a crushing economic crisis that has seen big pay cuts,...

Greek Prime Minister Antonis Samaras faces the first real test of his already-shaky three-month coalition government this week with the walkout of public workers in several sectors and a 24-hour general strike on Sept. 26 against another round of...

The German government declined Monday to comment on reports in the German media about a widening gap in the funding need for Greece that could require additional financing. According to Dow Jones, the German government has "no reliable data" to...

The UN mediator on Cyprus, Alexander Downer, seeking to end a four-decade diplomatic deadlock, said Greek and Turkish sides now had strong economic reasons to agree a reunification that could help ease debt problems and speed exploitation of disputed...

Greece should be allowed more time to meet deficit targets set by international lenders provided it is sincere about reforming its economy, French Prime Minister Jean-Marc Ayrault said on Sunday. Near-bankrupt Greece needs the European Union and International Monetary Fund's...

Greek banks that have billions of outstanding government loans that are at risk of default should the EU-IMF-ECB Troika not issue another bailout are becoming more aggressive in collecting consumer debt. Banks are negotiating terms with numerous borrowers – and...

Greek Prime Minister Antonis Samaras' hopes to get his reluctant coalition partners to go along with $14.6 billion in additional cuts demanded by international lenders – and for Greeks to believe his promise that another round of austerity measures...

Seven former ministers in New Democracy Conservative and PASOK Socialist administrations are being investigated for alleged corruption as Greece’s financial crimes squad SDOE is continuing its hunt for government figures and others who have evaded taxes and collected fortunes.’ The...

There are now about 200,000 people in Greece suffering from Alzheimer's Disease, the dreadful ailment that leaves them unable to remember, at the same time government funding for health care is being cut back by some 45 percent. Hospital...

With polls showing more than two-thirds of Greeks believe the country is headed in the wrong direction, Prime Minister Antonis Samaras is expected to make a national TV address to try to convince a skeptical public to accept more...

Relative political calm during the summer following June elections eased fears of a Greek exit from the Eurozone enough to help save the tourism season from a catastrophe, with revenues down 5 percent, far less than the 15 percent...

To avoid upsetting world markets as U.S. President Barack Obama seeks re-election, Greece’s international lenders may delay a crucial report on additional funding until after Americans go to the polls on Nov. 6, the news agency Reuters reported, although...