Politics

Greek finance minister Evangelos Venizelos told lawmakers Thursday that the country needs EUR80 billion to cover its financing demands by the time it is due to receive the seventh tranche of its first rescue package in February. "The seventh tranche...

ATHENS – Faced with defections by his Finance Minister, Cabinet official and Members of Parliament of his ruling PASOK Socialist party, Prime Minister George Papandreou has quickly withdrawn his plans[...]

France΄s European Affairs Minister Jean Leonetti Thursday said the euro zone can "do without" Greece, in an interview with French radio station RTL. "Greece is something that we were able to deal with and, at the same time, something that...

Cyprus and Israel have decided to establish a joint committee on their Mediterranean vision for peace and for the relations between the European Union and all the states in the region. The decision, as CNA reports, was announced Thursday by...

CANNES, France -  French President Nicolas Sarkozy and Angela Merkel appeared together in front of the journalists and announced that the Greek referendum will take place  on Dec. 4 or 5. Sarkozy made clear that the referendum is not about...

The Government Council for Foreign Affairs and Defence (KYSEA) convened under the chairmanship of Prime Minister George Papandreou on Tuesday and, following a proposal by Defence Minister Panos Beglitis, decided on sweeping changes in the armed forces' leadership. According to...

As Greek Prime Minister George Papandreou was being cross-examined by European leaders on his stunning call for a referendum in his country on international bailout loans and the austerity measures he imposed as a condition, German and French officials...

The President of Israel Shimon Peres will pay a state visit to Cyprus November 2-4. According to the preliminary programme, the Israeli President is expected to have a tete-a-tete with President Demetris Christofias, followed by an official meeting between delegations...

Greece’s Parliament began a three-day debate on a confidence motion in the government of Prime Minister George Papandreou in Athens today, according to statements from Parliament Speaker Filipos Petsalnikos. The debate will conclude by midnight on Nov. 4 and will...

Antonis Samaras, leader of Nea Dimocratia - the main opposition party in Greece (centre-right) - today essentially opened the electoral campaign when addressing his party's parliamentary group, asking the current government ''to leave as soon as possible, because it...

As Europe demands an explanation from Greece's prime minister for his decision to hold a referendum on the latest EU bailout, voters are warned that a rejection of the rescue plan is a rejection of the euro all together. Germany's...

German Finance Minister Wolfgang Schaeuble urges the Greek government to carry out as quickly as possible the planned referendum over the country΄s latest bailout package, according to an interview Wednesday in Hamburger Abendblatt. "It would be helpful to obtain clarity...

Greek Prime Minister fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum. Greece's cabinet voted Wednesday to support George Papandreou's call to hold a public vote as soon...

Greek Prime Minister George Papandreou’s surprise announcement will ask voters to decide the fate of international bailout loans and his wobbly Administration through a referendum sent shock waves through the markets, rattling Wall Street, angering European leaders who just...

Prime Minister George Papandreou will travel to Cannes tomorrow to discuss developments in Greece with leaders of the Group of 20, a Greek government official said. Papandreou, who spoke with German Chancellor Angela Merkel today, is travelling to the meeting...