Politics

ATHENS – After two years of mostly staying silent as Greece has imposed waves of pay cuts, tax hikes, slashed pensions, and 150,000 layoffs in return for $152 billion in bailout loans to keep from going bankrupt, the head...

Greek Prime Minister Lucas Papademos has launched a bid for broad political backing for the painful reforms needed to get a new loan deal, a process that risks becoming politicized, with new elections expected in the spring. Papademos will meet...

Debt-laden Greece and its international lenders must focus less on deficit reduction and more on reform because there are limits to what society can tolerate, a senior IMF official said on Wednesday. With a long-awaited debt swap deal with private...

ATHENS – With the PASOK Socialist party imploding into near-nothingness and beset by infighting over who should be its new leader when former Prime Minister George Papandreou steps aside, just before new elections for Prime Minister are held, Health...

A judicial official says Greek lawmakers will be asked to decide whether the country's former prime minister and finance minister should be investigated regarding claims that the 2009 budget deficit was artificially inflated. The official said a Supreme Court prosecutor...

Greek Prime Minister Lucas Papademos said negotiators had made "significant progress" in talks to strike a restructuring deal for Greek government debt, with the aim of reaching a definitive agreement by the end of this week. "Significant progress has been...

German Professor of Economic History at the London School of Economics Albrecht Ritschl gave an interview to German Spiegel explaining why the Greek debt is not the biggest financial tragedy experienced in Europe, and emphasizing that the anti-Hellenic policies...

European leaders won’t finalize Greece’s second aid program today because talks with banks over debt reduction aren’t completed, German Chancellor Angela Merkel said. Leaders are also awaiting a European-International Monetary Fund assessment of Greece’s current needs and the status of...

ATHENS – Starting with Finance Minister Evangelos Venizelos, whose position effectively would become moot, Greek officials said they will not go along with a proposal by Germany for the European Union to appoint a budget commissioner to oversee Greece’s...

Members of the House of Representatives in Cyprus and the President of the House of Representatives, Giannakis Omirou, will pay a visit to Australia after an invitation by the Australian Parliament. The Cypriot members of the House of Representatives will...

British Newspaper The Telegraph published an article on how the International Monetary Fund (IMF) has indicated that Greece will have to give up autonomy over its budget as desperate last-minute negotiations continue regarding the country's second €130bn (£109bn) bail-out. With...

Greece's prime minister and the leaders of the three parties backing his coalition government have concluded a nearly three-hour meeting discussing the country's negotiations with its creditors. Lucas Papademos said on Sunday there was "total convergence" among political allies on...

Greece will not cede control over its budget to the European Union as has been proposed by Germany as a condition for a second bailout, Greek government sources told AFP on Saturday. "There is effectively a 'non-paper' that was presented...

A meeting between Prime Minister Lucas Papademos and the leaders of the three parties that make up his coalition government has been moved from Saturday to Sunday, a few hours before the Greek premier is due to meet his...

Greece expects to conclude difficult debt talks with private creditors within days, and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime Minister Lucas Papademos told Reuters on Friday. Speaking...