Politics

Greece needs a two-year extension from its international creditors to meet fiscal pledges, and a liquidity boost from the European Central Bank, said Prime Minister Antonis Samaras. In a Washington Post interview appearing in Greece on Saturday, Samaras said the...

With Greece mired in a crushing economic crisis with seemingly no way out, a panel at the London School of Economics on Sept. 11 of academics and writers specializing in political science, public policy, math, the economy and society...

Looking everywhere for cash, a frantic Greek government is reportedly ready to scrap the tax-free threshold of 5,000 euros, or $6,561 a year and make the desperately poor pay taxes for the first time. The level had been reduced to...

Swiss banking officials have rejected a request by Greek politicians and their spouses to provide written proof they do not have secret accounts, a request they made after a Swiss politician said some of them had deposited cash to...

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...

International Monetary Fund official Thanos Catsambas denied he said Greece will need a third bailout. “There was never a discussion or reference to a ‘third bailout program,’” as suggested by media reports earlier today, Catsambas, an alternate executive director at...

The European Commission has temporarily approved a 1.8 billion euros ($2.33 billion) recapitalization of the troubled Cyprus Popular Bank and has given Cyprus six months to present a plan of reconstructing the institution before the EU decides on whether...

"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...

With international lenders turning the screws on Greece - including extending working hours to 78 hours a week and raising the retirement age to 67 - Prime Minister Antonis Samaras was unable to convince his reluctant coalition partners, PASOK...

Municipal services across Greece will be closed on Sept. 12-13 after workers called a 48-hour strike to protest budget cuts, joining teachers, judges, doctors, military staff and others who walked off the job, with more set to come. The...

The neo-Nazi Golden Dawn party has visited the island of Kefalonia and asked Mayor Alexandros Parisis to help them restore and preserve the statue of the late Greek dictator Ioannis Metaxas which had been dumped in the countryside. According to...

After much prodding from international lenders to push the pace of privatization to raise critical cash, Greece’s Hellenic Republic Asset Development Fund (HRADF) has produced a list of 40 uninhabited islands and islets that could be leased for as...

While Greece is trying to ramp up the pace of privatization to sell or lease state entities and properties to raise critical cash, an agency that auctioned off everything from old furniture from municipal buildings to cars confiscated from...

European Commissioner for Economic and Monetary Affairs, Olli Rehn, said that the estimated value of state-owned properties and entities in Greece that are going to be put up for sale or lease as part of a massive privatization plan...

As talks between Greece’s coalition government and international lenders over a plan to cut $14.6 billion in spending remained stalled, and anger and unrest were growing, President Karolos Papoulias said the country has suffered enough and urged an end...