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Greek Blackouts Risked as Power Companies’ Cash Runs Out

Greece faces the threat of rolling power blackouts as the economic crisis leaves utilities without cash to pay for natural gas imports and operate...

Dockworkers to Go Ahead With Strike

Greek dockworkers will push ahead with a two-day strike starting Tuesday, despite pleas from government and sector officials to call off the protest, which...

Disputed Reports that Troika Wants More Spending Cuts

ATHENS – Even two bailouts totaling $324 billion to save Greece haven’t been enough because of an old bugaboo – tax evasion – and...

Turkey Claims to be Open to Joint Greek-Turkish Oil Exploration Proposals

Τurkey's Energy Minister, Taner Yildiz, told reporters in Antalya that his country is open to proposals concerning joint Greek-Turkish oil explorations in the Aegean,...

EU To Allow Unlimited State Aid To Social Services

The European Commission has adopted a new set of rules on the provision of state aid to companies providing "services of general economic interest,"...

Do Greek Lawmakers Have Secret Swiss Bank Accounts?

ATHENS – As Greece’s economic crisis worsens and intensifies, new scrutiny is being brought on the 300 Members of Parliament, whose pay and benefits...

Another Greek Strike Draws Yawns, No Violence

ATHENS – After 18 months of protests, riots and strikes, another walk off the job by Greek workers on Dec. 1 shut down many...