Politics

Cyprus will assume the six monthly rotating EU presidency in July 2012 whether some wish it or not, President of the Republic of Cyprus Demetris Christofias said on Sunday. Speaking during the annual anti-occupation event organized by Morphou Municipality and...

German Chancellor Angela Merkel and French President Nicolas Sarkozy on Sunday pledged to do all that is needed to stabilize the euro zone and to present a comprehensive package of measures by the end of October. "We are determined to...

Students hurled yogurt at Minister of Interior, Charis Kastanides inside a cinema of Thessaloniki, yesterday. The Minister was watching the new Woody Allen movie in a cinema in Aristotelous Square, while students holding a protest concert in Venizelou Square. Once the...

Yesterday afternoon, the Turkish frigate TCG Kemalreis (F-247) reached Cape Sounion and Kafireas, sailing in Greek national waters. The frigate started its journey from the Eastern Mediterranean, went off Rhodes, Milos, and arrived almost 15 miles off the coast of...

  ATHENS - The International Monetary Fund's representative in Greece has warned that a $152 billion bailout of rescue loans may not work because he said the country's leaders are dragging their feet on critical structural reforms. The IMF, along...

Eurozone members were considering a possible Greek debt write-down of up to 60 per cent, German negotiators told dpa on Sunday, hours before German Chancellor Angela Merkel was due to meet French President Nicolas Sarkozy for talks in Berlin. Sources...

Turkey and Greece should maintain a spirit of rapprochement and continue improving their bilateral relations despite a crisis unfolding in the eastern Mediterranean over hydrocarbon exploration rights, Greek experts have said. “It is very important to maintain the momentum so...

German Minister of Finance, Philipp Roesler stated during his last meeting in Greece that allowances demanded by Greeks for the Nazi's atrocities during German occupation of Greece in 1940, can be an additional obstacle. "Greeks should forget this demand and...

Greece must be helped to avoid financial contagion on the scale of the Lehman Brothers meltdown in 2008, Belgian Finance Minister Didier Reynders told a Greek newspaper on Saturday. "We must help Greece to avoid the repetition of what happened...

Prime Minister George Papandreou may propose the formation of a coalition government of national unity to lead the country out of its debt crisis, a Greek newspaper said on Saturday, but the Greek government denied the report. Financial daily Imerisia...

ATHENS - Stung by criticism it is exempt from a new property tax being imposed on Greek citizens and has largely escaped the austerity measures imposed on the people, the Greek Orthodox Church is reportedly considering ways to help...

There seemed to be confusion over the state of the Greek bailout talks on Friday. Inspectors from the so called troika – the European Union, the International Monetary Fund and the European Central Bank – contradicted a statement from the...

PASOK Slips, But No Winners Seen ATHENS - Eighteen months after imposing pay cuts, tax hikes and slashed pensions on the working populace in an attempt to stave off bankruptcy, the ruling PASOK Socialist party has fallen further behind the...

Greek-origin Senator in Australia, Nick Xenophon is making proposals to the Australian Senate, concerning protection measures against China. The Australian Minister for Finance and Deregulation Wayne Maxwell Swan often opposes countries that maintain devaluation deliberately, in order to promote exports,...

Greek ministers turned up droopy at the cabinet meeting on Thursday, and the left with even more question as the discussion did not focus on the country’s course. A top minister told Capital that Greek FinMin Evangelos Venizelos was asked...