EU

Finance Minister Yannis Stournaras, who once said Greece didn't need debt relief, on April 28 confirmed that it does and that the government next week will begin the process of asking international lenders to restructure 240 billion euros in...

BRUSSELS  - With Greece expecting to see the beginning of a recovery later this year, European Union officials said there's no need for more worker layoffs but that the government has to improve the quality of its notoriously-inefficient public...

With one eye on a hopeful economic recovery and the other on next month's critical elections for Greek municipalities and the European Parliament, Prime Minister Antonis Samaras is reportedly planning yet another Cabinet shakeup that will see Finance Minister...

Greece's successful, if cautious, return to the bond markets this month was the result of a secret, carefully-crafted meeting Prime Minister Antonis Samaras had in New York with investors, brokered by noted Greek-American financier Jamie Dimon, Chief Executive of...

Greek agricultural production has placed the country in one of the first places worldwide in regards to product exports. According to the President of the Panhellenic Exporters Association, Christina Sakellaridis who spoke at an event of the Ministry of...

The European Union's statistics agency Eurostat has said it manipulated data to show that Greece has a primary surplus of 1.5 billion euros when in reality it still runs a deficit, but defended the fudge as a legitimate exception afforded none...

The European Union's statistics agency Eurostat on April 23 said that Greece had a 3.4 billion euro primary surplus for 2013, a benchmark that would allow Prime Minister Antonis Samaras to seek debt relief from international lenders. The news came...

With most Greeks buried under big tax hikes to go along with salary cuts, Prime Minister Antonis Samaras reportedly wants to cut taxes for corporations to generate growth. He will need permission from the country's lenders, the Troika of the...

  Greek Prime Minister Antonis Samaras' pre-election cash giveaway has prompted hundreds of thousands of people to apply for the so-called "social dividend," much of will be given to low-income pensioners along with the military and emergency personnel that make...

Greece is in no rush to jump back into the markets fully despite the recent sale of a 3-billion-euro five-year bond, Prime Minister Antonis Samaras said, adding that he expects eventual future issues to yield lower interest rates than the 4.95...