Greece
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Venizelos

Stournaras Says No Haircut For Greece

Greek Finance Minister Yannis Stournaras, who has been relentlessly upbeat about what he believes will be a more rapid recovery for the Greek economy than do most analysts, said he envisions the country even being able to borrow from...

Greece Goes Easy On Financial Criminals

Frantic for cash, Greece is considering a plan to reduce prison sentences for people convicted of financial crimes to two to three years maximum - if they repay everything they stole. The list includes money launderers, tax evaders, fraudsters, smugglers...

Greek Debt At 321B Euros

After three years of crushing austerity measures and imposing losses of 74 percent on private investors to write down its debt by $134 billion, Greece still owes 321 billion euros ($429.46 billion) a level that many analysts said is...

Greek Foreclosure Conditions Set

With criticism within the ruling parties mounting over a plan to let banks seize even the primary homes of people who haven't been paying their mortgages, the government of Prime Minister and New Democracy Conservative leader Antonis Samaras and...

Up To 15,000 Homes On Seizure List

Greece’s coalition leaders said they will allow banks to confiscate 12,000-15,000 homes because they believe the owners have been trying to manipulate laws that protect people with primary residences worth up to 200,000 euros ($260,000) from losing them because...

Samaras Says No Foreclosures On Poor

With a rebellion growing in their ranks over plans to let banks seize homes after a ban on foreclosures expires at the end of the year, Greek Prime Minister and New Democracy Conservative leader Antonis Samaras and his coalition...

Papaconstantinou Tells BBC: "Clear Conscience"

Former Greek Minister of Finance George Papaconstantinou, who has been charged with wrongdoing in the handling of a list of 2,062 Greeks with $1.95 billion in secret Swiss bank accounts that still hasn't been checked for possible tax cheats,...

Samaras Gets Cabinet Back To Work

Vacations for the ministers in Greek Prime Minister Antonis Samaras' coalition government have come to an early end as he put them back to work on Aug. 19 with a Cabinet meeting to talk over the return of envoys...

Greece Will Let Banks Seize Homes

Bending to demands from international lenders, Greek Prime Minister Antonis Samaras' coalition government will let banks foreclose on homes of customers, many of whom have suffered big pay cuts, tax hikes and slashed pensions under austerity, setting aside a...

The Haratsi Is Here To Stay

A special property tax levy that doubled the amount due, and which was put into electricity bills in 2011 - for what was supposed to be a one-year only payment - will be rolled into a single package with...