Stournaras

Greece may get more time to reduce its deficit and impose more harsh austerity measures – but not more money – International Monetary Fund chief Christine Lagarde said after a meeting of EU finance ministers in Cyprus. Prime Minister Antonis...

"We claim our rights, we do not beg" protesting active and retired non-commissioned officers of the Greek Armed Forces said on Sept. 12 as they demonstrated in downtown Athens, following a wave of other demonstrations by other public workers...

Greek Prime Minister Antonis Samaras’ hopes to get a quick sign-off from international lenders on his uneasy coalition government’s plan to make $14.6 billion in spending cuts the next two years were dashed when they told him the projections...

Envoys from international lenders have said they doubt whether some $2.8 billion in projected savings as part of a $14.6 billion spending cut plan devised by the government led by Greek Prime Minister Antonis Samaras can be achieved, temporarily...

Greek Prime Minister Antonis Samaras, still trying to convince reluctant partners in his uneasy coalition government to renege on their campaign pledge and agree to $14.16 billion in spending cuts aimed primarily at workers, pensioners and the poor, said...

Angry they are included in a group of professionals whose so-called "special salaries," will be cut, Greek judges said they will strike from Sept. 17-22, slowing down a court system already clogged with delays up to 10 years. After a...

As Greek Prime Minister Antonis Samaras struggles to get his coalition partners to back $14.6 billion in new cuts, main opposition leader Alexis Tsipras of the Coalition of the Radical Left (SYRIZA) has accused the Premier of being afraid...

As Greece prepares to lower the boom again on workers, pensioners and the poor to keep international aid coming, German Finance Minister Wolfgang Schaeuble has warned again that there can be no let-up in austerity measures and reforms. The hard-liner...

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...

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,...