austerity measures

Three dismissed cleaning employees from the Greek Ministry of Finance participated in a European trade union rally in the center of Brussels. The rally that took place on Friday, April 4 wound up with clashes between the police and the...

ADEDY staged a 24-hour strike today, paralyzing the whole country and disrupting the operation of all public services. The strike took place to protest against the deal that the Greek government is trying to make with international creditors which...

Speaking at the European Parliament on March 5, Georgios Chatzimarkakis, the Greek liberal MEP of the German FDP party, stated that the austerity measures ordered by Troika and the cuts in health care have led to a 43% increase in...

Eight doctors from Germany who visited several Greek hospitals reported that the situation in the health care system in Greece is shocking, likening it to a war zone. "If such brutal austerity measures had been implemented anywhere else, society would...

A progress report on the new EU mechanisms set up for “supervision and solidarity” in the post bailout program era, addresses the tight fiscal and regulatory framework in which Greece is asked to deal with its persistent economic and...

Eurozone finance ministers are "losing patience" with Greece, Eurogroup president Jeroen Dijsselbloem told a Greek daily, as the crisis-hit country prepared to unveil its next budget on Thursday. "Many finance ministers of the eurozone are starting to lose patience,"...

There are now over 10 million more jobless people in Europe than in the beginning of the crisis, according to a snapshot of the European labor market released by the International Labor Organization (ILO). The employment situation has continued to...

German Finance Minister Wolfgang Schaeuble said he did not agree it was inevitable that Greece would leave the euro after a general election on June 17 that was called after an inconclusive poll last month left the country unable...

Accusations and counter-accusations of political, social and economic "suicide" are on the daily agenda of the new election campaign in Greece called for June 17. The rhetoric of suicide has been employed  by politicians and by journalists and commentators....

The British magazine The Economist published an article about the Greek crisis, showing a 20-Euro-note burning by the flame of an Olympic torchbearer. Titled "The Greek Run," the article reports on "the ugly term for what may soon become an...