EU

The Greek government said it will overhaul contract awarding procedures and place defence contracts under increased parliamentary oversight following a corruption scandal in which at least 10 high-ranking military officers have been implicated for taking bribes to approve contracts...

A new poll carried out by Greek Statistical Service MRB Hellas for Greek news-portal newsit.gr reveals that the Greek people have faith in the judicial system and want to stay in the eurozone. The results of the poll indicate that...

While insisting the economy shows all the signs of recovering - as he has previously said the last several years only to be proved wrong - Bank of Greece Governor Giorgos Provopoulos issued a caveat that the country's banks...

A series of scandals, unresolved talks with the country's international lenders, and the escape of a terrorist seem to be taking their toll on Prime Minister Antonis Samaras' coalition government and his New Democracy Conservatives, who have fallen 7.7...

Greek Finance Minister Yannis Stournaras, dismissing reports he may be appointed the Governor of the Bank of Greece which has had trouble predicting the country's fiscal fortune, told SKAI TV that he's changed his mind about asking the country's...

Greece's EU harmonized consumer prices decreased for the tenth consecutive month in December, data released by the Hellenic Statistical Authority revealed Monday. The harmonized index of consumer prices (HICP), measured under the EU methodology, dropped 1.8 percent year-on-year in December,...

Stepping up a war of words with his rivals, Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader, has insisted that his coalition with the PASOK Socialists will survive critical May European Parliament elections and run out its...

Although younger generations complain about the lack of education -- particularly in people of previous generations -- European statistics reveal that the future generations aren’t doing well either. According to the results of the annual report of the Organization for...

German Foreign Minister Frank-Walter Steinmeier, on a two-day official visit to Athens, said on Jan. 10 that the government must stick to reforms no matter the political cost. He met with Prime Minister Antonis Samaras, the New Democracy Conservative leader,...

Greek Prime Minister Antonis Samaras' drumbeat that the failed economy will begin to recover and there will be a return to the markets this year has been undercut by one of its lenders, the International Monetary Fund, which said...