Politics

While Greece's public workers find their pay under siege and set to be cut again because of a new round of austerity measures demanded by international lenders, some 400,000 employees working for private companies were not paid at least...

Greek graffiti has been vibrant for 30 years, but spiked in 2008 after the shooting death of 15-year-old Alexis Grigoropoulos in the anarchist-artist neighborhood hotbed of Exarchia. Many buildings have been touched by graffiti to make some a statement...

In an interview given to the Munich-based newspaper Süddeutsche Zeitung, Ekkehard Ernst, a top economist for the Swiss-based International Labour Organization (ILO,) predicted that unemployment in the European Union, particularly the southern countries, would jump markedly if Greece leaves...

Greek Prime Minister Antonis Samaras’ Cabinet met on Aug. 31 to rubber stamp more than $14.7 billion in cuts demanded by international lenders in return for continued aid, with salaries and pensions again at the top of the list...

Former Greece prime minister George Papandreou has said his country might have avoided a bailout if the economy had not been robbed by funds being funneled to tax havens. Papandreou told the opening of Socialist International's four-yearly conference that $21...

As previous governments have when they imposed austerity measures they said were the last but did it again, Greek Prime Minister Antonis Samaras said that while more deep pay cuts, tax hikes and slashed pensions are coming for Greeks,...

After several scares over whether Greece would default and go back to the drachma from the euro, which led Greeks to take out billions of dollars from the country's banks, deposits are slowly starting to come back, according to...

Hellenic Postbank, a small state-controlled lender, is insolvent, Finance Minister Yiannis Stournaras said, and must be sold or transferred to private investors. It was a big lender to the government, which last year imposed 74 percent losses on investors,...

A Greek-Australian businessman appears to have played a significant role in convincing Steve Bracks to claim the leading position of the Victoria Labor party and becoming Premier after winning consecutive elections. Bracks said it was Nickos Badounas' backing and strong...

With Greece's unemployment rate at a record 23.1 percent and rising, the costs are growing too. The National Confederation of Greek Commerce (ESEE) estimated that joblesness, with nearly two million people out of work, costs the economy about $5...

Prime Minister Antonis Samaras, the New Democracy Conservative leader, met on Aug. 29 with the partners in his uneasy coalition but was unable to convince them how to make $14.16 billion in cuts for 2013-2014 demanded by international lenders...

Greek Prime Minister Antonis Samaras said that his trip to present German Chancellor Angela Merkel and French President Francois Hollande with details of plans to make another $14.16 billion in cuts could keep Greece in the Eurozone and prevent...

German Chancellor Angela Merkel, who has been insisting on harsh austerity measures for Greece in return for international bailout loans, has warned politicians in her ruling coalition to lay off criticism about Greece’s efforts to right its struggling economy. That...

With Greek Prime Minister Antonis Samaras desperate to keep the country’s debt-laden economy from going under, he won’t get a report from international lenders on how reforms are progressing until October, when the last installment of a first series...

After being put on hold by German Chancellor Angela Merkel over his hope Greece could get a two-year delay to administer more reforms and austerity measures demanded by international lenders, Greek Prime Minister Antonis Samaras has been told by...