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Greece may get more time to reduce its deficit and impose more harsh austerity measures – but not more money – International Monetary Fund chief Christine Lagarde said after a meeting of EU finance ministers in Cyprus. Prime Minister Antonis...

With international lenders turning the screws on Greece - including extending working hours to 78 hours a week and raising the retirement age to 67 - Prime Minister Antonis Samaras was unable to convince his reluctant coalition partners, PASOK...

As talks between Greece’s coalition government and international lenders over a plan to cut $14.6 billion in spending remained stalled, and anger and unrest were growing, President Karolos Papoulias said the country has suffered enough and urged an end...

Greek Prime Minister Antonis Samaras’ hopes to get a quick sign-off from international lenders on his uneasy coalition government’s plan to make $14.6 billion in spending cuts the next two years were dashed when they told him the projections...

Envoys from international lenders have said they doubt whether some $2.8 billion in projected savings as part of a $14.6 billion spending cut plan devised by the government led by Greek Prime Minister Antonis Samaras can be achieved, temporarily...

Greek Prime Minister Antonis Samaras, still trying to convince reluctant partners in his uneasy coalition government to renege on their campaign pledge and agree to $14.16 billion in spending cuts aimed primarily at workers, pensioners and the poor, said...

As Greek Prime Minister Antonis Samaras struggles to get his coalition partners to back $14.6 billion in new cuts, main opposition leader Alexis Tsipras of the Coalition of the Radical Left (SYRIZA) has accused the Premier of being afraid...

As Greek Prime Minister Antonis Samaras’ coalition government is set to unleash more pay cuts, tax hikes and slashed pensions on beleaguered Greeks, there was new evidence that the austerity measures have backfired with a report showing the country’s...

Greece needs to leave the Eurozone and bring back the drachma if it wants to get back on its feet and return to growth, Manfred Neumann, Professor of Economics at the Institute for Economic Policy at the University of...

Greek Prime Minister Antonis Samaras’ hopes of bringing in development to help Greece grow out of recession and a strangling financial crisis took a hit with a finding that the country’s competitiveness has fallen seven places, ranking 90th in...