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EU

Troika Policy: Social Consequences Cannot be Ignored

The weakening of collective agreements, high levels of unemployment and the violation of fundamental social rights were the main social consequences in Greece, Cyprus, Portugal, and Ireland, the four countries subject to the Troika's programmes, said employment MEPs and...

Under Troika Shadow, Greece Takes EU Presidency

As Greece formally took over the symbolic European Union Presidency for six months on Jan. 8 with a ceremony including invited European officials, Finance Minister Yannis Stournaras said he would conclude negotiations with the country's international lenders during the...

ESM Chief: No Greek Debt Cut

While Greek Prime Minister Antonis Samaras said Greece's battered economy will begin to recover this year - and with even a possible return to the markets - the government's hope for reducing its debt by not paying back in...

Georgiadis, PASOK, To Talk Hospital Fee

Under fire from all sides, Health Minister Adonis Georgiadis said he would meet with lawmakers from the PASOK Socialists who are partners in the coalition government of Prime Minister Antonis Samaras, the New Democracy Conservative leader, to talk about...

Samaras, Venizelos in New Year's Powwow

Hoping to head off growing dissent in his shaky coalition, Greek Prime Minister Antonis Samaras will sit down on Jan. 6 with his partner, PASOK Socialist chief Evangelos Venizelos, to talk about how to deal with unhappiness over a...

PIMCO Says No Greek Market Return

Even as Greece's government proclaims an economic recovery will begin this year, the world's biggest bond fund manager PIMCO said it doesn't see any chance the country will be able to return to the markets this year, dashing some...

A Thin Veil for Greece in 2014

As if Greece didn't have enough trouble as Jan. 1 loomed - the seventh consecutive year of a deep recession - Prime Minister Antonis Samaras' uneasy coalition of his New Democracy Conservatives and the PASOK Socialists, who are clinging...

Greece Prepares for Troika Talks

Another year and another set of tense talks with international lenders looms for Greece as Jan. 1 broke, coinciding with the beleaguered government taking the rotating, six-month symbolic helm of the European Union Presidency. While the government was preparing for...

Stournaras Sees 2014 Greek Market Return

Greek Finance Minister Yannis Stournaras, continuing to champion a recovery he said will begin next year, now also says the country may return then to the bond markets it has been locked out of since getting bailouts and stiffing...

Samaras to Present Priorities of Greek Presidency

The Greek Prime Minister, Antonis Samaras will be presenting the goals that have been set for the Greek Presidency of the EU. The presentation will take place at the plenary session that will be held on January 16. The ceremony...