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Greece's President Gives Up Salary; Blasts Germany's Position
ATHENS – Watching Greeks having their pay cut and taxes hiked on orders of international lenders to keep rescue loans coming, President Karolos Papoulias...
Greece Battles to Salvage Bailout Package
Greece's leaders battled to salvage a new 130-billion-euro ($170 billion) EU/IMF bailout on Wednesday, rejecting doubts over their commitment to a punishing austerity package...
Euro Zone Puts Greek Plan Under Microscope
Greece's bid for a new bailout got close inspection on Tuesday from euro zone officials poring over the details of Athens' budget to decide...
EU Says It’s Not Ready to Help Greece Yet
ATHENS - Despite new austerity measures rammed through the Parliament in the wake of riots that left parts of downtown Athens burning, European Union...
Greek Lawmakers Vote Austerity as Athens Burns
ATHENS – While anarchists warred on the streets with riot police and 40 fires lit up banks, cinemas, and businesses, the Greek Parliament approved...
Papademos Tells Greeks: Austerity or Chaos
ATHENS – With Greece on the brink of default unless it approves new austerity measures that could deepen a recession now in its fifth...
Papademos Says He Will Remove Dissenters Because Default Would Bring Misery
ATHENS – Facing a growing mutiny in his shaky coalition government against austerity measures demanded by international lenders in return for a second bailout...
Greek Pensions Saved But Minimum Wage, Health and Defense Hit Hard
ATHENS - After divisive talks, Greece’s coalition government has agreed on a plan to make more deep spending cuts to stave off default, but...
With Greece on “Razor’s Edge”, Lenders Insist: Comply or Default
ATHENS – As Interim Prime Minister Lucas Papademos tried to keep leaders of his coalition together in a desperate attempt to win a consensus...
Greece Debt Reduction Deal Nears, but Second Needed
ATHENS – Just as Greece is seeking a second bailout to keep its economy from failing and defaulting on its loans under the weight...