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PASOK In Panic Over Papandreou Defiance

PASOK's once-dominant Socialist party is in almost completely disarray in the aftermath of its former leader and previous Greek premier George Papandreou in an almost-open rebellion against the current leader, Evangelos Venizelos. Papandreou voted against a key banking article in...

Greece Going Back To Bond Markets

After being locked out of the bond markets for almost four years during a crushing economic crisis, Greece is set to make a wary return in the next few months by issuing a small offer it hopes will attract...

EU Wary of Greek Hopes To Avoid Third Bailout

Fresh on the heels of the news that international lenders would release a long-delayed installment of 8.3 billion euros in three installments, the government said it won't need a third rescue package and hopes to return to the markets,...

EU Splits Up Greek Bailout Loan

Greece won't be getting its long overdue next installment from international lenders all at once but in three parts, Eurozone finance ministers meeting in Athens have decided. Jeroen Dijsselbloem, the Dutch finance minister heads the group of 18 countries that...

Venizelos Won't Oust Papandreou Over Bill Vote Defiance

PASOK leader Evangelos Venizelos - without naming him - blistered former Socialist leader and previous premier George Papandreou for voting against a key article in a reform bill that passed Parliament, but didn't oust him or another veteran MP,...

Greek Parliament Rams Through Reform Bill

The Greek Parliament, by a vote of 152 to 135, in the early morning hours of March 31 approved a critical reform bill needed to release a delayed nine billion euro installment from international lenders, but only after vehement...

New Democracy Takes Back The Lead

Greek Prime Minister Antonis Samaras' promise to return part of  primary surplus to a few groups affected by austerity measures is working to woo voters, as a poll showed his New Democracy Conservatives retaking the lead over the major...

Milk Fight Rebels Relent, Bill Passage Seen

Backed by a warning from its international lenders that the next installment would be yanked if there are any changes to an omnibus bill going before the Greek Parliament on March 30, the government has brought would-be rebels upset...

Tsipiras Says More Austerity Coming

With Prime Minister Antonis Samaras hailing a deal with international lenders as the steppingstone Greece needs to finally recovery from a crushing economic crisis and seven years of recession, major opposition Coalition of the Radical Left (SYRIZA) leader Alexis...

No Third Greek Bailout Seen

As the Greek government keeps rolling out statistics showing a burgeoning recovery from a deep recession and a crushing economic crisis, European Union officials have scaled back their expectations the country would need a third bailout. The news agency Reuters...