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Former Socialist Minister Akis Tsochatzopoulos Arrested for Money Laundering

Former Socialist Greek minister Akis Tsochatzopoulos was arrested on Wednesday on money laundering charges by the judicial authorities. Tsochatzopulos was called in by officials...

Former Minister Yiannis Vasiliadis Passes Away

Former Minister and Nea Dimokratia MP from the Prefecture of Achaea, Yiannis Vasiliadis, passed away today at the age of 88. Vasiliadis was born in...

Cabinet Approves Taxi Drivers' Bill

The Greek Development Ministry is tweaking an ambitious piece of legislation aimed at attracting investments and accelerating those that are pending due to bureaucratic...

Israeli Deputy Foreign Minister Meets With Greek Counterpart in Jerusalem

On Tuesday, February 28, 2012, Deputy Foreign Minister Danny Ayalon met with Greek Deputy Foreign Minister Demetris Dollis in Jerusalem where they agreed to...

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...

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...

Greece’s Deal with the Devils: Did Anybody Read this Thing?

ATHENS – At least he didn’t say the dog ate the memorandum or go “hummana hummana hummana" while looking sheepish and wiping his face,...

Greek Deficit Worsens, More Austerity and Pain Looms in the Future

ATHENS – Interim Prime Minister Lucas Papademos’ pledge that his coalition government will not hit weary Greeks with more austerity measures may fall by...