EU

ATHENS – Already under the thumb of the EU-IMF-European Central Bank Troika which is requiring Greek Prime Minister George Papandreou to keep cutting workers pay, pensioners benefits and raising taxes as a condition of getting rescue loans to keep...

  ATHENS – With public workers set for another barrage of pay cuts – teachers already bracing for a retroactive salary slash of 380 euros, or $525 per month – European Economic and Monetary Affairs Commissioner Olli Rehn has proposed...

ATHENS – As speculation intensified that Greece would default, the crisis that has gripped the country for 18 months, setting off protests and riots over government-imposed pay cuts, tax hikes and slashed pensions to satisfy international lenders putting up...

Strapped for cash and facing the prospect of being unable to pay workers without the next installment of rescue loans from international lenders, Greece has frozen payments to its creditors, but will keep sending out checks for salaries and...

According to an article in the Greek newspaper “Kathimerini”, during the past 20 years a huge number of wooden boats have been destroyed with the approval of the Greek state and the European Union, including sailing boats, trawlers,...

The Greek government is confronting a great number of difficulties, with many issues pending at the same time. One of these is that negotiations regarding the new loan have yet to reach an agreement.  Another is memorandum delays..once again. Everything...

ATHENS – Even as the government is trying to squeeze every last cent out of taxpayers, it has failed to collect some $10 billion owed by tax evaders who’ve been ordered by the courts to pay, official data from...