Politics

ATHENS – Greece is nearing the cusp of defaulting on its loans and going under because its political leaders have failed to implement structural reforms as promised, a memo from the International Monetary Fund has warned, leading French President...

Israeli Defence Minister Ehud Barak will travel to Athens on Tuesday for talks with the Greek leadership over regional developments.  The current Defence Minister is an experienced and seasoned politician in Israel, as he previously served as Prime Minister...

The Greek Minister of National Defence Dimitris Avramopoulos held a heartfelt telephone conversation with the Minister of Foreign Affairs of Turkey, Ahmet Davutoğlu, who visited the Border Post of Kastanies where, along the borderline, he exchanged wishes for the...

German Chancellor Angela Merkel said on Monday it would not be possible to pay out the next aid tranche to Greece without rapid progress on its second rescue package, including the voluntary restructuring of Greek debt held by its...

Sheikh Abdullah bin Zayed Al Nahyan, Foreign Minister of the UAE, will pay an official visit to Greece on Wednesday, heading the UAE’ s trade and economic delegation. The delegation will discuss bolstering the bilateral cooperation ties between the UAE...

A former Greek minister avoided arrest late Saturday after ramming his car into a policeman during a traffic stop, a police source and other reports stated on Sunday, cited by AFP. Kimon Koulouris, 71, had been pulled over after running...

In an interview in To Vima's Sunday edition, Clemens Fuest (adviser to Germany's finance minister Wolfgang Schaeuble), who is also an academic, said the Greek debt haircut should be higher than the agreed 50 percent to help Greece repay...

ATHENS – Interim Prime Minister Lucas Papademos’ pledge that his coalition government will not hit weary Greeks with more austerity measures may fall by the wayside after a Finance Ministry report that showed the country’s deficit is not falling...

A dinner hosted by Cyprus President Demetris Christofias and Turkish Cypriot leader Dervis Eroglu for the UN team in Cyprus was concluded late on Thursday evening at the village of Pyla. Cyprus President Demetris Christofias and Turkish Cypriot leader Dervis...

European Union Minister and Chief Negotiator Egemen Bağış met Greek Foreign Minister Stavros Dimas on Wednesday. Bağış said that he has come to Greece for a private visit, adding that the relations between Greece and Turkey have improved considerably now...

ATHENS – Two Greek financial prosecutors who earlier resigned after complaining about political interference with their work – and then quickly returned – have stated that politicians and business executives used go-betweens to pressure them to speed up or...

Greece faces the risk of a disorderly default in March if it doesn't complete negotiations for the country's second bailout starting later this month, Prime Minister Lucas Papademos said Wednesday. In a copy of his comments made in meetings with...

ATHENS -  A top-ranking Greek Finance Ministry official who resigned under fire after charges he waived fines on some 3,500 gas stations for unlawful fuel trading denied any wrongdoing and said the penalties weren’t warranted because a government electronic...

Ambassador Nimetz will initially meet with both countries'  representatives separately and will seek to develop a mutually acceptable approach to re-invigorate the talks and to make meaningful progress toward resolving the 'name' issue, UN press service said on Tuesday. The...

UN-backed talks for a solution to the Cyprus problem resume today, following a two week holiday break. The meeting between Cyprus President Demetris Christofias and Turkish Cypriot leader Dervis Eroglu will take place at 1000 local time (0800 GMT). During their...