Politics

The Greek parliament has given its final approval to the latest package of austerity measures. The new measures include pay and staff cuts in the civil service as well as pension cuts and tax hikes for all Greeks. Former Labour Minister...

As the second day of a general strike paralyzed the country, more than 70,000 peaceful[...]

While Greece's historical tendency to high-indebtedness is notorious, with its first recorded default in the fourth century BC and more in the late 19th and early 20th century, it is less well known that Germans have come to Athens'...

As Greek political leaders continue to insist the country will not default on its loans and will return to profitability by the end of next year, a Bank of America Merrill Lynch survey of global fund managers indicates that...

Antonis Samaras, the leader of Nea Dimocratia (ND), Greece's main centre-right opposition party, declined an invitation from socialist Premier George Papandreou to attend the European summit in Brussels on Sunday with him. During a phone call this morning between the...

Tens of thousands of people have gathered over the past few hours in Athens' squares and those of other large Greek cities such as Thessaloniki, Patras and Heraklion (on the island of Crete) to take[...]

PM Papandreou is due to meet with opposition leaders Giorgos Karatzaferis, Aleka Papariga and Alexis Tsipras tomorrow to brief them on the important coming EU Summit on October 23 about the Greek debt and the Eurogroup conference. More particularly, Mr....

Prime Minister George Papandreou called on lawmakers from his ruling PASOK party to support an austerity bill to be voted in parliament on Oct. 20. “We have to be in a strong position for discussions at the European summit talks...

Greece is using emergency powers to order garbage crews back to work, as an escalating campaign of strikes by public servants and other unions against austerity measures has crippled services in the troubled eurozone member. Socialist Prime Minister George Papandreou...

Finance Minister Evangelos Venizelos said the government was prepared for tough negotiations with its European partners. “Saving Greece means saving Europe,” Venizelos told President Karolos Papoulias in a meeting in Athens today. There is great uncertainty in Europe and the...

With efforts to turn around the uneven economic situation in Greece continuing with the gathering of taxes, the country's Finance Minister, Evangelos Venizelos, is pursuing his struggle against tax evaders. Venizelos announced in Parliament that three lists carrying the names...

Main opposition New Democracy (ND) leader Antonis Samaras and Prime Minister George Papandreou will meet on Tuesday at 10 a.m. at the premier's Maximos Mansion office. George Papandreou underlined that there is a need of hard work in order to...

This week will be the most difficult one for the government of Papandreou with strikes and demonstrations across Greece. The so-called multi-bill will in fact be put to the vote in the Greek Parliament on Thursday, at the height...

The eurozone faces its "most critical week" as leaders battle to reach a lasting solution to the debt crisis that has shaken the European currency, Greek Prime Minister George Papandreou said today. The EU is under huge pressure to present...

The European Union should declare Greece’s bankruptcy official, according to Zoran Stavreski, Skopje's Finance Minister and Deputy Prime Minister. Skopje and Greece share borders, currently effectively closed because of a strike by Greek customs officers who have joined in protests...