IMF
Economy
IMF To Meet Monday On Greek Financing
International Monetary Fund officials will meet Monday to discuss Greece's efforts to stem its debt crisis, as concerns about the euro zone persist.
Fund spokesman Gerry Rice told reporters that the fund's board will meet Monday to discuss the IMF's...
Economy
Greece Gets it Loan, but Worries Mount Faster
ATHENS – After weeks of anguish, Greeks found out that international lenders providing the country with a series of bailout loans will release a delayed $11 billion installment needed to keep paying workers and pensioners, but it curiously did...
Economy
Greek Statistics Chief: "I’m Being Prosecuted for Not Cooking the Books”
ATHENS – Greek Statistics Chief Andreas Georgiou, an American-trained economist and former chief of numbers for the International Monetary Fund brought in last year to restore accuracy to the country’s reporting systems, says a pending probe against him on...
Economy
Papademos Pushes for Broader Parliamentary Support
ATHENS – Interim Prime Minister Lucas Papademos, in a bid to keep together a fractious coalition and get other splinter parties to support a second bailout from international lenders and more austerity measures, said he will meet with Members...
Economy
Greece: Where the Poor Have Yachts and Helicopters
Even as the Greek Finance Ministry failed to meet yet another vow to release the names of individual[...]
Economy
No Power Cut-Offs for Property Tax Bill Non-Payments
After growing outrage at a so-called “emergency” property tax that was put into electric bills under the threat of having power turned off, wages garnished or properties seized for non-payment, the[...]
Economy
Samaras Splits New Democracy Over EU Letter
A letter sent to European Union officials by New Democracy leader Antonis Samaras pledging his[...]
Economy
Power Strikes Loom, Lights Out in Greece?
ATHENS – Even Greeks inured to 18 months of protests, riots and strikes may not be ready for the next action against austerity measures: a wave of rolling 48-hour work stoppages planned by the labor union that oversees workers...
Economy
Report: Troika Backs Down to Samaras, No Signatures Needed
Reversing itself after insisting that leaders of Greece’s new coalition government would have to sign[...]
Economy
Venizelos Unveils Rosy 2012 Budget Draft
ATHENS – As Greece continues to teeter on the edge of bankruptcy and is surviving on a series of international loans, Finance Minister Evangelos Venizelos presented a 2012 budget blueprint that said the state would take in more money...