Karolos Papoulias

The two-day EU summit concluded after 14 hours of talks to provide short-term relief to Spanish and Italian banks by allowing the EU bailout fund to directly aid euro zone banks. The rules of the European Stability Mechanism (ESM)...

The President of the Hellenic Republic, Karolos Papoulias, will deliver a letter from the Greek PM to the leaders of the Euro Zone in the upcoming summit in Brussels on June 28-29. Prime Minister Antonis Samaras will sign the letter...

Greece’s new coalition government says the country’s president will lead its delegation to a European Union summit this week in place of the prime minister, who is recovering from eye surgery. Earlier, the government had said Foreign Minister Dimitris Avramopoulos...

ATHENS – German Chancellor Angela Merkel’s office is denying a report that she recommended to Greek President Karolos Papoulias that Greece should hold a referendum on whether to stay in the Eurozone. Late last year, she blasted then Prime...

European Parliament President Martin Schulz visited Athens to meet with political figures of the country. Schulz planned to visit the Greek capital May 13-14 but cancelled it. Later, he stated he just postponed the visit but did not make clear...

Greek depositors withdrew EUR700 million from local banks on Monday, the country's president said, and warned that the situation facing Greece's lenders was very difficult. In a transcript of remarks by President Karolos Papoulias to Greek political leaders that was...

ATHENS - A last-ditch effort to set up a coalition government in the wake of stalemated May 6 elections and stave off a possible exit from the Eurozone has failed, setting up new elections next month - likely June...

Panos Kammenos, the head of the Independent Greeks party - which came fourth in the May 6 polls - denied on Tuesday that he had sent a proposal to the Greek president on Monday outlining his position on the...

Greece's president is to convene a broader meeting with the heads of several political parties Tuesday in a final push to find agreement on forming a government, more than a week after elections gave no party a majority in...

German Finance Minister Wolfgang Schaeuble sent a strong warning towards Athens Monday, saying the price of a Greek euro exit would be very high for the country and the Euro zone itself. The comments come as Greek politicians struggle to...