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Samaras Says Grexit Would Be Catastrophe

Again pleading for more time to lower Greece’s deficit and make more deep spending cuts on orders of international lenders, Greek Prime Minister Antonis...

Greece Needs Two-Year Extension on Fiscal Pledges: Samaras

Greece needs a two-year extension from its international creditors to meet fiscal pledges, and a liquidity boost from the European Central Bank, said Prime...

Samaras Readies to Visit Merkel, Hollande to Make Greece's Case

Greek Prime Minister Antonis Samaras, struggling to get a consensus in his shaky coalition government for another $14.16 billion in cuts and austerity measures...

Spiegel: Only Bankruptcy Can Help Greece Now

«Only Bankruptcy Can Help Now» is the title of a new article referring to Greece in the german magazine Der Spiegel. As it says: «Greece...

Greece to Request More Time to Implement Austerity

Greek prime minister Antonis Samaras will formally ask for the terms of the county's aid package to be relaxed next week, the Financial Times...

Cruises Could Fetch Billions, Study Reveals

Greece could be looking at annual revenues of two billion euros from the cruise sector in 2016 if the growth of the sector globally...

Greek Coalition Partners Disagree, But Back More Austerity

ATHENS –After a tense showdown that threatened to break up an already uneasy coalition government, Greek Prime Minister Antonis Samaras said on Aug. 1...

Cash Running Out, Samaras Meets Troika for Urgent Budget Talks

ATHENS – With signs that his coalition government is fraying, Greek Prime Minister Antonis Samaras met for urgent talks on July 31 with officials...

Samaras Says Greece Needs More Time But Won't Ask

ATHENS – With new estimates that a five-year-recession worsened by austerity measures demanded by international lenders has created a $37 billion gap in recovery...

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...