austerity

The left-led SYRIZA government is rushing through a new wave of austerity measures ahead of a crunch Eurogroup meeting of eurozone creditors in Brussels on Monday. Thousands of Greek protestors took to the streets ahead of a vote in...

A draft proposal by the European Commission to break the deadlock on a new debt deal for Greece was leaked on Saturday, ahead of an emergency Eurogroup meeting of Eurozone finance ministers on Monday. The leaked report calls for...

The Telegraph spotlights Brexit dangers posed by debt talks between Greece and its embattled creditors as they meet to discuss the 86-billion-euro bailout package approved last summer. The British newspaper points to the looming Brexit referendum in the UK,...

European Commission President Jean-Claude Juncker said that Greece has "basically achieved" the objectives of the reforms required by its eurozone partners and international creditors. During an interview published in the German newspaper Funke Mediengruppe on Sunday, he said the...

15 uniformed officials, mainly police officers belonging to the Hellenic Federation of the Police (POASY) and unionists from the Greek Coast Guard and Fire Brigade, gathered at the central offices of the ruling Radical Left Coalition (SYRIZA) party in...

The gates of the National Gardens of Athens were shut down on Friday and all entry points to the grounds will remain closed until Monday. The unprecedented closure of the gardens, near Greek Parliament, has prompted the anger of citizens...

Greece halted to standstill with a snap 48-hour public-sector strike on Friday and Saturday ahead of a vote by the country's left-led SYRIZA government on proposed tax changes late on Sunday. Amid the strike action, a bill discussed in...

Greek Prime Minister Alexis Tsipras faces a "potential bombshell" with the additional austerity measures creditors demand and there are three scenarios on how he will act, according to a Bloomberg analysis. The disagreement between the International Monetary Fund and European...

Dionysis Tsaknis, the president of the Greek public broadcaster ERT announced that Greece’s song for the 61st Eurovision Song Contest, in Stockholm will touch on the subjects of the refugee and financial crisis. In a way, he believes that...

As the country is at present in the grips of strike over the government’s plan to proceed with further cuts in pension benefits and impose additional austerity, senior level government officials are pulling all the stops to reassure angry...