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Public Officers Burn Tax Notices

Tax notices for "extraordinary contribution" have been burnt by public officers. Employees met outside the Greek Parliament in order to protest against government measures...

Public Transit Staff to Hold 24-Hour Strike

Subway, bus, trolley and tram workers will halt services in Athens on Sept. 22 as part of a public transportation strike to oppose government...

Troika Says Reduce Public Sector or Go Bankrupt

 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...

Back to the Drach? Papandreou May Let Voters Decide

ATHENS – As  pressure builds on Greece to default, Prime Minister George Papandreou is reportedly mulling a referendum to let the people decide whether...

Draft Law Presented to Bring in Referendum

The referendum as an institution will soon be making its debut in Greece as well. After months in which Socialist Prime Minister George Papandreou has...

Cyprus Drills Offshore Despite Turkish Warning

Turkey threatened Monday to start oil and gas exploration "very soon" and under naval escort in the eastern Mediterranean, after the Greek Cypriots said...

EU Urges Turkey To Avoid Threats In Cyprus Gas Row

The European Union Monday called on Turkey to refrain from making threats in a gas drilling dispute with Cyprus, a EU member state whose...

IMF: Greece Needs "Additional Measures" To Cut Deficit

Greece΄s government will need to take "additional measures" to meet its budget targets, a senior International Monetary Fund official said Monday, adding that the...

Dominique Strauss Kahn: Greece Unable To Pay Debt, Loss Unavoidable

The former International Monetary Fund's Managing Director, Dominique Strauss Kahn, Sunday said Greece is unable to pay its debt and its creditors will have...