Politics

Germany's economy minister backed calls to get German companies to invest in Greece to get the debt-drowned country's economy growing again. German Economics Minister Philipp Roesler and Greek Development Minister Michalis Chrysohoidis said Friday they had signed a memorandum of...

President of the Hellenic Republic, Karolos Papoulias, stressed that Turkey`s attempts to put obstacles to Cyprus` exploratory drillings for hydrocarbon reserves in its Exclusive Economic Zone (EEZ) constitutes a dangerous adventurism. Addressing visiting President of the Ukraine Viktor Yanukovych during...

The agreement of July 21 either would be guaranteed as it is or we would seek something better Greek FinMin has reportedly said at the morning meeting of a ruling party parliamentary committee. Talking to PASOK MPs, Evangelos Venizelos said...

German newspaper 'Bild' focuses on the salary of Greek politicians in an article published on the website of the newspaper. "The situation in Greece forces Europe to doubt if Greeks accept the reforms", comments Bild concerning the last demonstrations in...

Labour & Social Insurance Minister George Koutroumanis announced the extension of business labour contracts in enterprises with a workforce of less than 50 employees. Because of this, the extension of sector-wide agreements is hindered. Minister Koutroumanis noted that collective labour...

After the Republic of Cyprus decided to proceed with the drilling for oil and gas in the Southeastern Mediterranean, Turkey has reacted rather provocatively demanding the immediate halt in the search. Greek Minister of Foreign Affairs Mr. Beglitis answered...

From crushing ruling Conservatives party two years ago, Papandreou’s poll numbers have suffered a dramatic slump turning the Greek PM into a contemporary Diogenes of Sinope who instead of strolling around with a lamp looking for an honest man, he’s desperately looking for his voters- if there’s anyone left that is[...]

ATHENS – Despite rising public anger over a slew of new tax measures that have created new “We Won't Pay” movements to go along with those refusing to pay for highway tolls, Metro tickets and a new emergency property...

Greece's situation is "pretty hopeless", Greek Economy Minister Michalis Chrysochoidis said in a newspaper interview released Wednesday, but insisted Athens was doing everything to "ensure our country's survival." "On the one hand, our situation is pretty hopeless," Chrysochoidis said in...

Greek civil servants walked off the job on a 24-hour strike Wednesday, paralyzing the public sector in a protest over ever-deeper austerity measures applied as the government struggles to avoid a catastrophic default. Air traffic controllers joined the strike, grounding...

German Chancellor Angela Merkel talked with Greek Prime Minister Georges Papandreou Tuesday, his office announced, as the eurozone debt crisis threatened to claim its first bank victim. Papandreou's office said the call was made as "part of the frequent and...

Greece has enough money to pay all bondholders as well as pensions and salaries until mid-November, said Finance Minister and Deputy Prime Minister Evangelos Venizelos in a press conference. Greece had previously said it would start running out of money...

Dozens of members of ADEDY, the Greek trade union for public sector workers, have this morning occupied the Ministries of Agricultural Development, Trade and Finance, in protest against the temporary suspensions introduced by the Greek government to reduce by...

Eurozone finance ministers have delayed a decision on giving Greece its next instalment of bailout cash. It came after Greece said it would not meet this year's deficit cutting target, sending shares lower on Monday. A meeting set for 13 October,...

Financial Times Deutschland reported that Greek Prime Minister George Papandreou has been considering resignation from his current position as Greece's leader. The German newspaper claimed that sources from the Greek PM's environment gave them information over the past three weeks...