Troika

ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by $14 billion, new Prime Minister Antonis Samaras has told them that he will if they...

Greece's prime minister Monday said the government would begin an immediate review of the country's bloated public sector with the goal of closing and merging state entities as part of its efforts to cut government spending and slash red...

ATHENS - Former U.S. President Bill Clinton will reportedly come to Greece later this week at the behest of a group of influential Greek Americans who want to change the negative image of the country as it struggles through...

ATHENS – Continuing his non-stop onslaught against pro-austerity Prime Minister Antonis Samaras’ coalition, Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said the new government will – despite its promises – impose more austerity on weary Greeks and...

ATHENS – In yet another reversal for the new coalition administration led by New Democracy leader and Prime Minister Antonis Samaras, the government will put a special property tax into electric bills again, after promising it would not –...

ATHENS – Greece’s jobless lines, now with more than 1.1 million people in them as unemployment has hit 22.5 percent, could be a lot longer by the end of the year and be the world’s highest, one of the...

ATHENS – If old soldiers never die but just fade away, it seems that politicians who lose office slide into college teaching positions. Former Greek Prime Minister George Papandreou, whose two-year reign ended ignominiously in 2011 when he was...

The Greek coalition government has made efforts to collect 11.7 billion euros in order to avoid further measures and taxes, announced state officials. On July 24, troika will return to Greece to conclude on whether the international funders will...

ATHENS – Trying to keep a rift in his uneasy alliance with his coalition partners from widening, new Greek Prime Minister Antonis Samaras met with them and agreed to reverse himself yet again and try to press international lenders...

Representatives of the country’s European and international creditors, known as Troika, have pressed Greek authorities to make necessary arrangements to  fully recognize degrees granted by private colleges operating as franchises of foreign universities in Greece within the framework of...