Politics

On Tuesday, main opposition New Democracy leader Antonis Samaras again rejected government overtures for his party's consensus for the eagerly expected and new batch of urgent privatizations.  Speaking immediately after the conclusion of a meeting with Prime Minister George...

The battle to save the country is continuing, and no cowardice can be forgiven in serving this patriotic duty, Prime Minister George Papandreou told a Cabinet meeting on Monday.  The meeting was held to discuss the government's Medium-Term Economic...

Prime Minister George Papandreou will chair a Cabinet meeting on Monday, where the Medium-Term Fiscal Adjustment Framework will be discussed. According to reports, final decisions will not be taken on Monday and the package will not be closing in its...

Ruling PASOK's lead over main opposition New Democracy has diminished to zero percent, according to an MRB poll on behalf of RealNews newspaper.  The results appeared in the newspaper's Sunday edition. Both PASOK and ND amassed 21.5 percent each, among...

Greek Prime Minister George Papandreou said in an interview Saturday he was determined determination to save the country, but ruled out a restructuring of Greece?s massive debt. "Restructuring is not in the discussions," said Papandreou in an interview to Sunday...

Cypriots began voting for a new parliament Sunday in elections seen as an important measure of support for leftist President Dimitris Christofias' handling of slow-moving talks with breakaway Turkish Cypriots to reunify the ethnically divided island. Polls opened at 0400...

Finance Minister G. Papakonstantinou made a step for consensus, stating that opposition party’s proposal includes provisions that the government has already integrated or could integrate in its program. “We will invite the main opposition to a debate on a framework...

Main opposition New Democracy (ND) leader Antonis Samaras reiterated that his party will back measures that are beneficial for the country, but will not support "mistaken policies that have failed in action and are leading the country to the deepest...

A "voluntary" extension of maturities on Greece's sovereign debt might be considered once Athens has committed to new measures that are urgently needed in order to meet the fiscal targets tied to its E110 billion EMU-IMF aid package, Europe's...

The Eurogroup urged Greece to speed up structural reforms and its privatizations program, and also called for opposition parties' consensus on the Greek economic adjustment program, in statements by European Monetary and Economic Affairs commissioner Olli Rehn and Eurogroup...

Briefing a cabinet meeting on Monday, Interior Minister Yiannis Ragoussis outlined his Ministry's plans for a major overhaul of Greece's state sector that will transform it into a lean, efficient machine that will not squander public money nor act...

Greece’s international lenders require tough measures to ensure the country’s willingness to proceed with bold decisions. The negotiations continued intensively over the weekend, while Finance Minister Giorgos Papakonstantinou is leaving to attend Eurogroup meeting. The requirements for the 5th aid...

Government Spokesman Stephanos Stephanou has described as ``unacceptable and dangerous`` remarks the Turkish Cypriot leader Dervis Eroglu has reportedly made that he considers a cause of war the exploitation of Cyprus’ sub-sea natural resources by Greek Cypriots. US company ‘Noble...

Greece said Sunday it would continue implementing a joint European Union-International Monetary Fund reform program, saying that the arrest of IMF chief Dominique Strass-Kahn would have no impact on their resolve to fix the country's public finances. "We have a...

In Corriere Della Sera, Papandreou listed measures already taken to improve the country's public finances, including public sector cuts and economic liberalisation and said he is readying a robust privatisation plan. At the start, privatisations were not a priority. Now...