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Greek Prime Minister Antonis Samaras’ declaration that a $17.45 billion spending cut and tax hike plan narrowly approved by the Parliament would save Greece from bankruptcy and an exit from the Eurozone don’t match up other statistics that show...

As the Greek Parliament was approving a $17.45 billion spending cut and tax hike plan – exempting its own employees - the country’s unemployment rate rose for the 39th consecutive month to a record high of 25.4 percent, showing...

Following a day of peaceful protests followed by violent confrontations between anarchists and riot police right outside, the Greek Parliament, in a dramatic post-midnight vote on Nov. 8, narrowly approved a $17.45 billion spending cut and tax hike plan...

With their pay set to be deeply cut, 45 veteran workers at the Bank of Greece have resigned en masse, illustrating the deep division in the country as the Parliament was set to vote on a $17.45 billion spending...

While the Greek Parliament has given the go-ahead to a $17.45 billion spending cut and tax hike plan needed to secure release of a long-delayed $38.8 billion installment from international lenders, the money may not be disbursed until December,...

Already buried by 2 ½ years of austerity measures imposed by the government on the demand of international lenders putting up $325 billion in bailouts for the country’s faltering economy, Greek workers, pensioners and the poor will face another...

With his shaky coalition on the verge of breaking apart, Greek Prime Minister Antonis Samaras has reached out to lawmakers to back a $17.45 billion spending cut and tax hike plan he promised would be the last round of...

A deal on keeping Greece afloat and providing more bailout money for the near-bankrupt state is unlikely to be reached next week when euro zone finance ministers meet in Brussels, a senior EU official said on Monday. According to Reuters,...

With Greece running out of cash and time, Prime Minister Antonis Samaras’ shaky coalition government faces its most crucial test on Nov. 7 when a 13.5 billion euros ($17.45 billion) spending cut and tax hike plan goes to parliament...

An international bailout of as much as $12.83 billion for Cyprus to prop up its banks pushed to the edge of insolvency by exposure to devalued Greek bonds, could wind up benefiting Russian oligarchs, wealthy business executives and gangsters...