Politics

ATHENS – Greek Finance Minister Evangelos Venizelos, drawing a line in the sand, has told private investors in Greek bonds who don’t want to take losses as part of ongoing Private Sector Involvement (PSI) negotiation that they will be...

A withdrawal of Greece from the eurozone would be "a disaster" for the Greek people, said Jose Manuel Barroso, President of the European Commission on Monday during his visit to Vienna. He was speaking in an interview with the Austrian...

ATHENS  - With its economy sinking at home, Greece is bailing out of the European Union’s anti-piracy campaign off the coast of Somalia to save money. Struggling with its worst budget crisis since World War II, Greece is going...

ATHENS – Depending on an ambitious $26 billion plan called the Helios Project to harness the power of the sun that shines on Greece as much as 300 days a year, the Greek government has appointed the New York-Chicago...

Greek Finance Minister Evangelos Venizelos warned Athens' private creditors on Monday not to hold out but take the bond swap on which a second bailout of the debt-ridden country depends because it was the best deal they would get. Venizelos...

Greece's government was 'optimistic' Monday that participation in a crucial debt swap with banks and private investors would be completed successfully by the end of the week. 'We remain optimistic ... but we expect that until the last moment there...

Turkey would consider annexing northern Cyprus if talks between Greek and Turkish Cypriots failed to reach a deal on reunification of the island, Turkey's European Affairs Minister Egemen Bagis told a Turkish Cypriot newspaper Cypriot President Demetris Christofias and Turkish...

ATHENS – The ink isn’t dry yet on a second bailout to save Greece – this one for $172 billion after a first for $152 billion didn’t slow the country’s slide toward default, but the international lenders putting up...

Greeks continued to throw their support behind smaller, fringe political parties, a public opinion poll showed Sunday, as support for the country's two main parties, the Socialists and the conservative New Democracy party, withered. According to the poll published in...

ATHENS – The brief reign of interim Prime Minister Lucas Papademos, the former European Central Bank (ECB) Vice-President who has been ruling since former premier George Papandreou resigned on Nov. 11, 2011, may end on April 29 if Greeks...

The chief negotiator for the body representing private sector holders of Greek bonds expressed confidence on Saturday that a bond swap deal which is a key part of Greece's bailout program would be completed successfully next week. "We can sense...

Germany's Economy Minister Philipp Roesler proposed that one of the 27 European Commissioners should coordinate efforts for the recovery of the Greek economy. Roesler gave an interview on 'Handelsblatt' newspaper, stating that he does not know the reason why...

ATHENS – Greeks had better get used to the idea of the international lenders coughing up the dough to keep the country from defaulting sticking around as officials of the Troika of the European Union-International Monetary Fund-European Central Bank...

On Friday, Australian Prime Minister Julia Gillard named former state premier Bob Carr foreign minister, as she asserted her authority following a leadership challenge. Bob Carr, known for his philhellenic attitude, will become the nation's top diplomat after Kevin Rudd...

Greece will get help from the European Investment Bank to make best use of European Union funds still available to it, especially to develop infrastructure projects and boost lending to smaller businesses, the country's premier said Friday. Lucas Papademos, speaking...