Politics

Greece's deep recession has forced almost a third of businesses in Athens commercial district to close down as shrinking incomes and frequent strikes have driven away customers and harsh austerity measures have made many slow spending almost to a...

Greek Prime Minister Antonis Samaras’ uneasy coalition government, poised to make another $14.6 billion in pay cuts, tax hikes and slashed pensions on workers, the elderly and poor, faces its first test this week with a series of work...

Frustrated by relentless demands from international lenders that Greece make even deeper pay cuts, tax hikes and slashed pensions, Finance Minister Yiannis Stournaras threatened to resign during an intense meeting, the New York Times reported. Prime Minister Antonis Samaras, under...

Greece has been condemned by the European Court of Human Rights for two cases of maltreatment of immigrants, and ordered to pay 8,000 euros damage to an illegal immigrant from Georgia, Zane Bgilasvili. In that case, the court found Greece...

By Aspasia Zontanou Two leftist political movements, the Greek Coalition of the Radical Left (SYRIZA) and the German DIE LINKE joined for a political and cultural event on Sept. 15 at the Greek Orthodox Church, Saint Andreas in Düsseldorf. Greek...

It's been ten months since Spiros Heliotis migrated to Australia. He studied business administration in Greece but, as have many Greeks, left to find a better life and future. Since then, in collaboration with Nikitas Ballas, he has written...

Greece's debt will "have to be addressed" as part of the solution to fix the country's near-default economy, and the International Monetary Fund is still targeting a debt ratio of 120% of gross domestic product, the head of the...

Greek Parliament President Evangelos Meimarakis, handpicked for the position by Prime Minister and New Democracy Conservative leader Antonis Samaras, said he will suspend himself from his duties during a reported investigation into alleged corruption by the country's financial crimes...

During an interview in Mediapart, a French online newspaper, Prime Minister Jean-Marc Ayrault said that it's unethical that rich Greeks are not paying their fair share of taxes during a crushing economic crisis that has seen big pay cuts,...

Greek Prime Minister Antonis Samaras faces the first real test of his already-shaky three-month coalition government this week with the walkout of public workers in several sectors and a 24-hour general strike on Sept. 26 against another round of...

The German government declined Monday to comment on reports in the German media about a widening gap in the funding need for Greece that could require additional financing. According to Dow Jones, the German government has "no reliable data" to...

The UN mediator on Cyprus, Alexander Downer, seeking to end a four-decade diplomatic deadlock, said Greek and Turkish sides now had strong economic reasons to agree a reunification that could help ease debt problems and speed exploitation of disputed...

Greece should be allowed more time to meet deficit targets set by international lenders provided it is sincere about reforming its economy, French Prime Minister Jean-Marc Ayrault said on Sunday. Near-bankrupt Greece needs the European Union and International Monetary Fund's...

Greek banks that have billions of outstanding government loans that are at risk of default should the EU-IMF-ECB Troika not issue another bailout are becoming more aggressive in collecting consumer debt. Banks are negotiating terms with numerous borrowers – and...

Greek Prime Minister Antonis Samaras' hopes to get his reluctant coalition partners to go along with $14.6 billion in additional cuts demanded by international lenders – and for Greeks to believe his promise that another round of austerity measures...