Politics

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...

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...

Speculation that Greece will need additional rescue aid for its economy is rapidly turning toward certainty with another European Union official acknowledging it seems inevitable and will be about 10 billion euros ($13 billion) to complement two bailouts totaling...

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...

Days after Greek Prime Minister Antonis Samaras wrote him a letter asking for Russia to reduce prices paid for Russian gas, Russian President Vladimir Putin took a shot at Russian entrepreneurs for investing in Greece, which he described as...

A “safe feeling” that a primary surplus will be achieved in 2013 as planned, was expressed by the Greek Deputy Minister of Finance, Christos Staikouras, who said so because of the optimistic signs of recovery and strict monitoring. Public revenue...

With two provisional orders issued by the Court of First Instance, two school guards who were suspended can now return to their duties. According to their lawyer, this paves the way for other employees that have been suspended. The school guards...

Turkey speaks of "forgery of history" and characterizes the testimonies of Australians who fought at Gallipoli as" lies." Australians reacted strongly to these allegations. The parliament of New South Wales is in a head-on collision with the Turkish government after...

Some 10 percent of municipal policemen, which corresponds to about 320 out of the 3,200 the Municipal Police employ, have been hired with fake certificates, as it was revealed on Aug. 22 by the Deputy Minister of Administrative Reform...

With a looming hole of as much as $14 billion in the budget and growing speculation Greece will force losses on its international lenders the same way it did to private investors to write down its debt, Prime Minister...

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...

A normal opening of the new school year is at risk, after the fruitless meeting of the Minister of Education, Konstantinos Arvanitopoulos, with the board of the teachers' union OLME, which was held on August 22 at the ministry,...

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...

Representatives of Greek and Cypriot organizations abroad gathered for their annual conference on August 21 in Nicosia, Cyprus. According to the Cyprus News Agency (CNA), they began their deliberations focusing on two main topics, the state of the economy and...

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,...