austerity

A few days ago, Greek Finance Minister Euclid Tsakalotos said that Greece was not opposed to IMF’s participation in the new bailout program, which his government had signed in August 2015 with the nation’s official creditors. Today, Greek Prime Minister...

Greek Prime Minister Alexis Tsipras admitted that his government could have been braver in deliberations with Greece's international lenders that brought the austere bailout program. Tsipras was interviewed for a documentary series called '#ThisIsACoup.' The documentary is made by Theopi Skarlatos...

Greece is paralyzed on Thursday as workers in the public and private sector are on strike protesting the harsh austerity measures imposed by the leftist Alexis Tsipras government. This is the first general strike during the SYRIZA-ANEL coalition government that...

Despite the fact that the omnibus bill, which includes austerity measures agreed upon with Greece’s creditors was voted on during yesterday’s plenary session, only 30 percent of prior actions required by the bailout program have been legislated. Now the finance...

European Commission President Jean-Claude Juncker is committed to help Greece as the country is carrying out the agreements outlined in the new bailout package, Greek media reports. The Greek parliament will have to adopt a series of prior actions during Friday's parliamentary vote...

Controversial former finance minister Yanis Varoufakis said that "Alexis Tsipras keeps pushing the rock of austerity like Sisyphus" and the upcoming "election campaign will be sad and fruitless." Varoufakis spoke at Australia's ABC radio about Greece's upcoming elections, his stint...

American economist Joseph Stiglitz is convinced that Greece’s third bailout deal will not be helpful for the country. In his article, published by the New York Times, the Nobel laureate explained why he thinks that the measures the Troika is asking...

It is really sad to see the people of a country that was on the brink of bankruptcy three days ago to go on strike and take it to the streets to demonstrate against the deal that saved them...

The Australia-Greece solidarity campaign welcomes the resounding decision of the Greek people to say No to further austerity. We publicly thank the ACTU and the trade union movement as well as the Greens Parliamentarians and community activists who have...

Thousands of Greeks rallied on Monday evening at Syntagma Square in downtown Athens to protest against the proposed deal by Greece's creditors. Most protesters said they are against "the blackmailing of the European Union and the International Monetary Fund." The rally was...