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Greece Set to Slash Health Care, Welfare, Pensions, Salaries
ATHENS - Backtracking from campaign promises to hold the line on more austerity measures, Prime Minister Antonis Samaras was set to meet on July...
Greek Privatization Agency Chief Resigns
The chief executive of Greece΄s privatization agency, Costas Mitropoulos, has resigned, two government officials told Reuters.
The new conservative-led government has made reviving the long-delayed...
Buyer Wanted for Four Airbus Jets Belonging to Greek State
Greece plans to sell four Airbus A340-300 passenger jets in order to raise money. The jets belonged to former state carrier Olympic Airways which...
New Greek Government Wins Confidence
Greece's coalition government breezed through a largely symbolic confidence vote late Sunday, winning the tough mandate of tackling a two-year-old crisis and keeping the...
The Independent: "Greece Unable to Collect €12.6 billion Fines Due to Lack of Staff"
It used to be exciting to be in the center of attention, but it’s mostly unpleasant when others keep pointing out your malfunctions and...
China and Europe Cut Key Lending Rates in the Aftermath of the Greek Crisis
Two of the world's biggest economies - China and the 17-nation euro currency bloc - are cutting key lending rates in a new effort...
Greece Dismisses Plan for Getting a Better Bailout Deal – FT
Greece has given up on a plan to modify the terms of its bailout agreement until the government passes more reforms, the Financial Times...
European Leaders Call for Tighter Fiscal Control
Key European leaders are calling for much tighter central control of spending by the 17 countries that use the euro in the latest effort...
Antonis Samaras Sworn In As Prime Minister
ATHENS – New Democracy leader Antonis Samaras, whose party finished first in the critical June 17 elections but with less than 30 percent of...
Simitis Says Greece Didn't Cause Eurozone Crisis, Blames New Democracy
ATHENS – Former Prime Minister Costas Simitis, during whose reign Greece entered the Eurozone more than a decade ago, has denied that the country...