Politics
Greece
Greek Debt Deal Dominates International Headlines
Greece dominated international headlines on Thursday, as political leaders (finally) reached an agreement on even more brutal austerity measures.
Financial Times and Marketwatch were among the first media to report the news on the agreement. Marketwatch referred to the reaction...
Economy
Jean-Claude Juncker: Eurozone Not Ready to Unlock Greek Bailout
Eurozone finance ministers warned Greece on Thursday that they are not yet ready to unlock a new debt bailout despite an agreement between Greek political leaders on new austerity cuts.
Luxembourg prime minister, Jean-Claude Juncker, arriving to chair Brussels talks...
Economy
"Anonymous": New Video Addresses the Greek People
With their brand new second video message, “Anonymous” strikes again; this time by directly addressing the Greek people.
After they had recently hacked into the website of the Ministry of Justice and caused some turmoil, “Anonymous” retaliated in a 10...
Economy
Pimco Says Greek Accord May Be Questionable
The agreement reached by Greek political leaders to win the nation's second bailout may be "analytically questionable," Pacific Investment Management Co.'s Mohamed A. El-Erian said.
"It is very unlikely to lead to growth, jobs, financial stability and new investments," El-Erian,...
Economy
Leaders Agree to New Cuts
Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital €130 billion bailout.
A spokeswoman for the prime minister's office says the agreement with the majority Socialists...
Greece
Unions Call 48-hour General Strike Against New Cuts
Greece's public and private sector umbrella unions, ADEDY and GSEE, Thursday called a 48-hour general strike to protest new austerity measures demanded by the country's international creditors in exchange for a fresh EUR130 billion bailout.
In a statement, the two...
Economy
Bailout Talks Stalled as Venizelos Heads to Brussels
Finance Minister Evangelos Venizelos said there is still uncertainty on the terms of a 130 billion-euro ($172 billion) rescue package for his country ahead of a meeting of euro area finance ministers today.
"There are issues outstanding that must be...
Economy
Too Late to Save Greece? Most Greeks Think it Is
ATHENS – Frustratingly slow talks among Greece’s leaders on whether to accept tough measures to keep international aid coming – which could push Greece into a Depression – or reject them – which could force an already-bankrupt country to...
Greece
University of Athens to Honor Daniel Cohn-Bendit for His Philhellenism
On Thursday, February 9, the French Green MEP, Daniel Cohn-Bendit, will be honored by the University of Athens for the services he has offered Greece in the past years.
Daniel Cohn-Bendit became a popular and well recognized figure in Greece...
Greece
Socialists See Popularity Collapse in Poll
The popularity of Greece's socialist party, Pasok, which controls a narrow majority in parliament, continued to plummet during the last month according to poll results Wednesday, as the conservative opposition continued to maintain their lead.
The nationwide poll, conducted for...
Economy
Anti-Austerity Protesters Burn German Flag in Athens
Some 25,000 anti-austerity Greek protesters gathered outside the Greek Parliament during a general strike rally of all trade unions on Tuesday.
The adverse weather conditions in Athens were not enough to turn the crowds away. A group of protesters set...
Greece
Leaders' Austerity Meeting Postponed Again
Greece's prime minister negotiated late into the night Tuesday with the country's international creditors, finalizing a proposal for new austerity measures to avoid a disastrous bankruptcy.
Prime Minister Lucas Papademos kept talking with senior debt inspectors from Greece's bailout creditors...
Economy
Jean-Claude Juncker Backs Special Account for Greek Debt Interest
Eurogroup chief Jean-Claude Juncker lent support to a Franco-German proposal to set aside bailout funds for Greece in a special account to cover interest payments on its massive debt.
The Luxembourg prime minister told Berlin's RBB Inforadio that the idea,...
Economy
Leaders Face Crunch Talks as Unions Strike
Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms immediately and a national strike against more austerity.
Prime Minister Lucas Papademos...
Economy
Greece Gives In, Will Fire 15,000 and Slash Minimum Wage
ATHENS – In a move that seems certain to stoke worker outrage just before a general strike and protests, Greece’s coalition government has reportedly agree to international lenders' demands to fire 15,000 public workers this year and cut the...