EU

Reinforcing growing sentiment that disputes the Greek government's assertion it's on the road to recovery, Eurozone chief Jeroen Dijsselbloem told the European Parliament that the country needs a third bailout next year. Greece is surviving on $325 billion in two...

Greece may have won the court battle to secure the exclusive name feta on a European level, but stands a chance of losing it around the world. The risk of losing the European right for the exclusive use of the...

Greece's hopes to overhaul its notoriously inept and inefficient defense firms, as well as a mining company, were shot down by its international lenders who say the companies are so bad off they should just be shut down, although...

Hoping to rebound from more than three years of submission to demands from international lenders, Greece is hoping to achieve a primary surplus and then use that position as a bargaining chip to negotiate with the Troika of the...

The major opposition party Coalition of the Radical Left (SYRIZA) is continuing to press its belief and agenda that Greece's staggering $390 billion debt and loans due the Troika of the European Union-International Monetary Fund-European Central Bank must be...

The German news magazine Der Spiegel has lauded Greece's new Minister of Administrative Reform, Kyriakos Mitsotakis for staying at his post and planning reforms and the transfer or firing of 25,000 public workers, and not even taking a summer...

Greece's proposal to overhaul three state-owned companies, Hellenic Defense Systems (EAS), mining company Larco and the Hellenic Vehicle Industry (ELVO) instead of privatizing or closing them has been rejected by the debt-stricken country's partners and creditors. The Troika of the...

Shooting down a suggestion from the country's international lenders that the country's lagging privatization program be put into the hands of a private, foreign agency to get it going, Greek Prime Minister Antonis Samaras categorically ruled it out. That...

Anxiously hoping to hold to his vow not to administer any more austerity measures, Greek Prime Minister Antonis Samaras has instructed his top ministers he is unequivocally opposed to additional pay cuts, tax hikes and slashed pensions and for...

Greece's Counter-Terrorism unit is reportedly expecting that an unknown financial target is the next aim of terrorists choosing capitalist symbols to vent their anger over the coming transfer and firings of scores of thousands of public workers. The site newsit...