Politics

Filippos Sachinidis, who has served as the deputy and then alternate minister at Greece’s finance ministry since 2009, will be the new finance minister, replacing Evangelos Venizelos, who stepped down to lead the socialist Pasok party. Sachinidis, who will be...

ISTANBUL – Desperate to find buyers of its assets and holdings to satisfy international lenders, Greece is turning to its neighbor and often-time enemy Turkey to find investors amid fears of a bargain basement fire sale that will bring...

The Greek parliament formally ratified early Wednesday a second eurozone bailout scheme worth up to 130 billion euros to save it from defaulting on its national debts. The text was approved overnight by 213 socialist and conservative parliamentary deputies and...

ATHENS – The date of the general election to choose a new Prime Minister will be announced next week, government officials said, but new PASOK Socialist party leader Evangelos Venizelos and his bitter rival New Democracy Conservative leader Antonis...

Cypriot President Demetris Christofias, reshuffled his cabinet Monday and appointed former banker Vassos Shiarly as finance minister after Kikis Kazamias tendered his resignation on health grounds. According to government spokesman Stefanos Stefanou two other key ministries have changed hands. Interior Minister...

Evangelos Venizelos said on Monday he was stepping down as finance minister to lead the Socialists into a general election, a day after taking over the helm of the party, which is trailing far behind its rival conservatives in...

Greece is "more than halfway" to economic recovery and should return to positive growth in less than two years, Greek Prime Minister Lucas Papademos told the Financial Times. In an interview published online Sunday evening, Papademos conceded that the fiscal...

The eurozone has focused on helping Greece putting its financial house in order while ignoring the vital question of growth, Eurogroup chief Jean-Claude Juncker said in an interview on Sunday, quoted by AFP. "I believe we have not paid enough...

Greece's Socialists gave a strong show of support for Finance Minister Evangelos Venizelos to head the party following a leadership election on Sunday. Greek state television NET said Venizelos, who was the only candidate, garnered 85 percent support with 10...

ATHENS – Greek workers, battered and bruised after repeated pay cuts, tax hikes, slashed pensions and the coming firing of 150,000 civil servants as a condition of getting international aid to keep the country’s economy will have to brace...

ATHENS – With fresh rescue money ready to flow into Greece as part of another international rescue package, lenders are fretful that the country will return to its profligate ways and need yet another bailout, and said they will...

ATHENS -The professional beggars in Greece, the gypsies who rent babies and drug them to elicit sympathy and money, the regulars who’ve perfected their patter and modus operandi to prey on people’s weak hearts and open their wallets, the...

In its latest article concerning Greek politics titled “Steady as she goes, surprisingly”, the Economist expresses the belief that despite the fact that bipartisanship in Greek politics will be overthrown after the forthcoming elections, the outcome is unlikely to...

Days after euro zone member states finally endorsed the new EU-International Monetary Fund programme for the country, the commission said in two separate reports that Greek leaders face a daunting challenge as they strive to execute the plan. Matthias Mors,...

The burly 55-year-old, who as finance minister for the past nine months battled to avert Greek bankruptcy, emerged as the sole candidate in the party leadership race last week, after two rivals failed to muster the necessary support. He now...