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Foreign Media: Greek PM Appears Determined

Foreign media reached a conclusion after Alexis Tsipras’ statements in the Greek Parliament on Sunday evening, February 8. The Greek Prime Minister appears determined...

Athens Left With No Allies

Eighteen of the nineteen Eurozone member states and the European Commission are asking Greece to play by the European rules and request a bailout...

Schaeuble: No Haircut in Greece But New Bailout Possible

The reports of Greece's return to life may be greatly exaggerated. Despite the impending release of a long-delayed 8.3 billion euro installment from international lenders...

Cyprus Bailout Could Cost $11.8 Billion

As Cypriots headed to the polls on Feb. 24 to elect a new President in a run-off between the frontrunner, Conservative Nicos Anastasiades and...

Greek Bailouts Cost Some, Gain Others

While Greece's crushing economic crisis has hurt many people - those suffering pay cuts, tax hikes, slashed pensions and who have lost their savings...

Barroso Tells Samaras: We Want Results, Not Words

ATHENS – European Commission President Jose Manuel Barroso, in his first visit to Greece in three years, told new Prime Minister Antonis Samaras that...

Another Delay in Deciding $15 Billion in Budget Cuts

ATHENS – After vowing during the campaign before the June 17 election to hold the line on more austerity measures demanded by international lenders...