IMF

While Greek Prime Minister Antonis Samaras’ uneasy coalition government is proceeding to make $14.16 in more cuts demanded by austerity measures to help keep the country from defaulting, American companies are reportedly already preparing for Greece’s exit from the...

Greek Prime Minister Antonis Samaras’ Cabinet met on Aug. 31 to rubber stamp more than $14.7 billion in cuts demanded by international lenders in return for continued aid, with salaries and pensions again at the top of the list...

Uniformed officers in Athens have decided to start massive protests following the announced cuts to be imposed on so-called "Special Salaries," they receive, as well as academics, judges, diplomats and other categories of civil servants who have so far...

As previous governments have when they imposed austerity measures they said were the last but did it again, Greek Prime Minister Antonis Samaras said that while more deep pay cuts, tax hikes and slashed pensions are coming for Greeks,...

Hellenic Postbank, a small state-controlled lender, is insolvent, Finance Minister Yiannis Stournaras said, and must be sold or transferred to private investors. It was a big lender to the government, which last year imposed 74 percent losses on investors,...

Prime Minister Antonis Samaras, the New Democracy Conservative leader, met on Aug. 29 with the partners in his uneasy coalition but was unable to convince them how to make $14.16 billion in cuts for 2013-2014 demanded by international lenders...

German Chancellor Angela Merkel, who has been insisting on harsh austerity measures for Greece in return for international bailout loans, has warned politicians in her ruling coalition to lay off criticism about Greece’s efforts to right its struggling economy. That...

With Greek Prime Minister Antonis Samaras desperate to keep the country’s debt-laden economy from going under, he won’t get a report from international lenders on how reforms are progressing until October, when the last installment of a first series...

After being put on hold by German Chancellor Angela Merkel over his hope Greece could get a two-year delay to administer more reforms and austerity measures demanded by international lenders, Greek Prime Minister Antonis Samaras has been told by...

German Chancellor Angela Merkel told visiting Greek Prime Minister Antonis Samaras that she will wait until a report late in September from international lenders before deciding whether Greece is meeting reform targets and should keep getting rescue loans or...