Lagarde

ATHENS – New Democracy leader Antonis Samaras, whose party finished first in the critical June 17 elections but with less than 30 percent of the vote, was sworn in as Prime Minister on June 20 after convincing his rivals,...

ATHENS – After trading places with the New Democracy Conservatives in the race to see who will win the critical June 17 elections that could determine whether Greece will leave the Eurozone and into what critics said would be...

ATHENS – PASOK Socialist leader Evangelos Venizelos, whose party is floundering in the polls, said if elected Prime Minister in the May 6 elections he would push international lenders who have imposed austerity measures on Greece that he supported...

Greece should not be complacent now that it’s getting a second bailout to prop up its failed economy, International Monetary Fund chief Christine Lagarde and German Finance Minister Wolfgang Schaeuble – a constant critic – have warned in a...

ATHENS – With a first bailout of $152 billion failing to slow Greece’s slide towards default, a second rescue package of $169 billion won’t be enough to save the country either, and another $20 billion at least will be...

ATHENS – Starting with Finance Minister Evangelos Venizelos, whose position effectively would become moot, Greek officials said they will not go along with a proposal by Germany for the European Union to appoint a budget commissioner to oversee Greece’s...

ATHENS – While the government keeps insisting it soon expects a deal with private investors to write down the country’s debt, as part of a second bailout package needed to keep the country from defaulting, there was reportedly little...

ATHENS – Some 21 months after Greece began to impose harsh pay cuts, tax hikes, slashed pensions and scores of thousands of layoffs of public workers in a desperate attempt to keep from defaulting on loans, although it is...

ATHENS – Following remarks from New Democracy party leader Antonis Samaras that elections tentatively scheduled for Feb. 19 will probably have to be rescheduled because a temporary coalition government won’t be able to finish the work of keeping international...

As inspectors for international lenders returned to Athens to determine whether to release an $11 billion loan installment needed to keep the country from going bust, International Monetary Fund chief Christine Lagarde said investors are weary of helping Greece. “If the Greeks do not want our advice[...]