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The Economist: The Troika is Coming and Asking for Further Spending Cuts

The Economist magazine reported on troika's upcoming return to Greece. Entitled 'The Troika is Coming: Greece's new government is scrambling to find more spending cuts,"...

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...

Venizelos Says No More Pay Cuts or Tax Hikes

ATHENS - Greek Prime Minister Antonis Samaras and his coalition partners have agreed on little more than half of the $14.1 billion in cuts...

Samaras Tells Ministers: Find $14 Billion in Cuts or I Will

ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by...

"No More Measures This Year" says Greek Government

The Greek coalition government has made efforts to collect 11.7 billion euros in order to avoid further measures and taxes, announced state officials. On...

Samaras Tries to Keep His Coalition from Cracking

ATHENS – Trying to keep a rift in his uneasy alliance with his coalition partners from widening, new Greek Prime Minister Antonis Samaras met...

Greek Government Discredits Minister Who Quit

ATHENS – Moving swiftly to distance itself from one of its appointees who resigned, the Administration of Greece’s new Prime Minister Antonis Samaras said...

Think Tank Says Greek Economy is Tanking

ATHENS – New Greek Prime Minister Antonis Samaras faces an even more formidable challenge to get the country’s financial affairs back on track after...

Greek Deputy Labor Minister Nikolopoulos Resigns Over Debt Talks

Nikos Nikolopoulos, the deputy labor minister, resigned over the government's weak stance on renegotiating its bail-out. Greek Prime Minister Antonis Samaras appointed Nikos Panagiotopoulos...