Politics

Greece will do everything in its power in order to implement fully and on time all EU decisions of July 21. When asked to comment about articles in the press in regards to various scenarios that concern sovereign debt management,...

Liana Kanellis, an MP of the Greek Parliament appeared today evening at the Parliament and held a speech about the financial situation. To illustrate her point, the KKE (Greek communist party) member  brought bread and milk to the...

"You either keep your word and push the mid-term program immediately or you will not be given the next trench", said Troika officials to George Papandreou and Evangelos Venizelos. Surely it must[...]

In his interview to the Swiss newspapers “Tribune de Geneve” and “24 Heures”, the Vice President of the Greek government, Theodoros Pangkalos said that ca. 70,000 job positions in the public sector will be lost due to new merging...

The European Union will support Greece, but the debt-stricken country needs to do more to implement the promises it has made, the EU commissioner for economic and monetary affairs said Thursday. "An uncontrolled default or exit of Greece from the...

The initial reactions of Greek opposition parties to the new austerity measures announced by the government after a lengthy meeting of the government commission lasting over 6 hours are very harsh. Giannis Michelakis, the spokesman of Nea Dimocratia, the...

Greek Ministry of Foreign Affairs Spokesman Gregoris Delavekouras deplored on Wednesday the ''delimitation agreement'' signed by the occupying regime in Cyprus and Turkey as ''inconsistent with international law'', as CNA reports. In response to Cyprus exploratory drillings in its Exclusive...

Government will cut pensions, extend a property tax hike and put tens of thousands of public workers on notice as part of a deal to continue receiving aid funding from its international lenders, government officials said on Wednesday. Government spokesman...

ATHENS – Charges by a former board member of the Hellenic Statistical Authority (ELSTAT) that the government deliberately inflated the size of the 2009 economic deficit has prompted an investigation into possible wrongdoing and a criminal complaint that its...

ATHENS – A businessman and soccer club owner who had been on the run for two months after being charged with fixing games before being apprehended will be let go after a judge declared there was not enough evidence...

Greek Prime Minister George Papandreou and German Chancellor Angela Merkel will meet on Tuesday in Berlin, according to the latter’s spokesman Steffen Seibert. They will discuss about the economic situation in Greece, the country΄s efforts to consolidate its budget, and...

Finance Minister Evangelos Venizelos warned Greeks Wednesday that the country runs the risk of economic collapse if it doesn΄t make progress on its deficit-cutting agenda needed to secure fresh international aid. In a starkly worded speech to parliament, Venizelos also...

The teleconference between Evangelos Venizelos and troika officials came to end around 11 o'clock[...]

 Greece's creditors have firmly asked the government to lay off 100,000 civil servants by 2015, with 50,000 to be shifted to «εφεδρεία» (a special labor reserve at reduced pay ) as off  tomorrow or Greece will be left on...

The imminent danger of possible social disturbances breaking out this fall due to the unbearable austerity measures has made the Generals of the Hellenic Police to put pressure on the Ministry of Citizen Protection for supplying them with enough...