Politics

German Chancellor Angela Merkel on Monday expressed her "respect" during a phone call with Greek Prime Minister George Papandreou for his decision to step down, her spokesman said. "The chancellor, for her part, expressed her respect for the decision of...

Today the Greek press hails the agreement reached late last evening by the ruling socialist party and the right-wing opposition on the formation of a government of national unity, calling it a "historic" deal. "In the end the first great...

Euro-zone nations can stall for time but ultimately Greece must solve its own issues, German Finance Minister Wolfgang Schaeuble said Monday. "Euro-zone solidarity has its limits," said Schaeuble at a seminar on the Future of Europe held at the University...

Greece is likely to go to the polls for an early election in February, Finance Minister Evangelos Venizelos said Monday, as the cash-strapped country attempted to hammer out details of a national unity transitional government. 'The most likely date is...

ATHENS – With the political infighting over, Greece’s interim Prime Minister to head a coalition government to enable the country to keep getting critical international loans seems likely to be former European Central Bank (ECB) Vice-President Lucas Papademos. The...

After backtracking numerous times and repeatdely sending out conflicting signals about[...]

Greece's president K. Papoulias is to convene a meeting between the country's embattled prime minister and the head of the main opposition party in an attempt to broker power-sharing talks and find a way out of a severe political...

The Australian PM Julia Gillard, during the G20 Summit in Cannes, told France that the European leaders must act fast and prevent Greece from a total financial collapse. The Prime Minister also claimed that her country is ready to...

The wide majority of Greek citizens prefers the forming of a national unity government rather than holding early general elections, according to the results of two opinion polls released on Saturday in Athens. A poll by ALCO, commissioned by Proto...

Greek conservative opposition leader Antonis Samaras on Saturday repeated his demand that Greek Prime Minister George Papandreou resign and the country move to snap elections. Samaras, head of the New Democracy party, said he still backed the idea of a...

George Papandreou Saturday scrambled to form a national crisis government to implement a crucial eurozone rescue package, fresh from winning a nail-biting confidence vote. After an hour-long meeting with President Carolos Papoulias, Papandreou emerged to tell a scrum of reporters...

Should George Papandreou step down, the man widely tipped to take over the role as Greek PM, at least temporarily, would be the Finance Minister Evangelos Venizelos. Divisions with Papandreou became immediately apparent last Monday when the PM announced his...

ATHENS – After delivering the speech of his life with a plea for divided Greeks to rally round the flag and keep international aid coming, Prime Minister George Papandreou was given a vote of confidence[...]

Today is another crucial day for Greece. The debate on the vote of confidence on the socialist government, asked by Premier G. Papandreou himself, will come to a conclusion at midnight, but the outcome is highly uncertain after the...

European Commission President Jose Manuel Barroso Friday said he expects Greece to form a government of national unity and to approve its bailout package. "I think that΄s what is going to happen , because what is the other option for...