Mors

Greece's hopes to overhaul its notoriously inept and inefficient defense firms, as well as a mining company, were shot down by its international lenders who say the companies are so bad off they should just be shut down, although...

With envoys from international lenders in Athens to check the country's books and the pace of reforms, the Greek government is going to ask again for permission to lower the 23 percent Value Added Tax (VAT) in restaurants. The Troika...

Greece's international lenders are again pressing the government to liberalize the market for nonprescription drugs and let supermarket be allowed to start selling medicines and provide competition for pharmacies which enjoy a monopoly, including on selling baby formula which...

Envoys from Greece's international lenders are squeezing the uneasy coalition government led by Prime Minister Antonis Samaras, the New Democracy Conservative leader to push the pace of reforms - including firing public workers, privatizing state entities and ending professional...

Greece’s negotiations with international lenders hit another snag on Oct. 16 when the envoy of the International Monetary Fund (IMF) broke off talks and said he had to brief the agency’s chief, Christine Lagarde on the lack of progress. The...

ATHENS – With elections looming on May 6, interim Prime Minister Lucas Papademos’ shaky hybrid government of PASOK Socialists and their bitter rival New Democracy Conservatives, who are jockeying for positions, is beginning to break down into petty squabbling,...

ATHENS – With fresh rescue money ready to flow into Greece as part of another international rescue package, lenders are fretful that the country will return to its profligate ways and need yet another bailout, and said they will...