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Spiegel Reports Greece Will Get Loans

While German Chancellor Angela Merkel said she’s waiting for a report from international lenders, the news magazine Spiegel said a decision has already been made that Greece will get its next installment by the end of November. Greece is awaiting...

Greece-Troika Budget Stalemate Continues

Greek Prime Minister Antonis Samaras will go to a European Union meeting on Oct. 18 empty-handed after his coalition partners refused to go along with changes to labor rules as part of a $17.45 billion spending cut and tax...

Kouvelis, Venizelos Reject Troika Demands

Greek Prime Minister Antonis Samaras’ uneasy coalition government has started to come apart over demands by international lenders for even deeper austerity measures as his partners, the PASOK Socialists of Evangelos Venizelos and Democratic Left of Fotis Kouvelis, said...

Troika Breaks Off Budget Talks With Greece

Greece’s negotiations with international lenders hit another snag on Oct. 16 when the envoy of the International Monetary Fund (IMF) broke off talks and said he had to brief the agency’s chief, Christine Lagarde on the lack of progress. The...

No Greek Deal With Troika Before EU Summit

Greek Prime Minister Antonis Samaras' hopes of going to a European Union meeting on Oct. 18 with a finalized package of $17.45 billion in spending cuts and tax hikes imposed mostly on the country's workers, pensioners and the poor...

PASOK Rebels Want Party to Quit Coalition

Seeing the party’s popularity plummet from 44 percent in 2009, when it won the Prime Minister’s office, to barely 10 percent now, dissenters within PASOK want the Socialist party to break away from the uneasy coalition government led by...

Greek Hospital Doctors to Strike Oct. 17-18

With a general strike already called for Oct. 18 by Greece's two largest labor unions in protest of more impending austerity measures from the government, hospital doctors said they will join and also not work the day before. Oct. 18...

Amid Unrest, Greeks Question EU's Nobel Prize

The awarding of the Nobel Peace Prize to the European Union has stunned many Greeks who have been caught in more than 2 ½ years of protests, strikes and riots against austerity measures they blame European leaders for imposing...

Greece Denies Report Small Islands to be Evacuated

The Greek government is denying a report that Minister of Mercantile Marine, Aegean and Island Policy, Kostis Mousouroulis told some 70 representatives of the Greek shipping industry that  envoys of the country's international lenders wanted 23 islands with fewer...

Schaueble: No OSI For Greece, Waiting For Troika

German Finance Minister Wolfgang Schaeuble on Thursday rejected calls for any restructuring of Greek debt held by official creditors and said any question of giving the stricken country more time to meet its budget targets should wait on a...