Politics

A meeting of Greek political leaders has been postponed for Sunday as there is still no agreement with the country's creditors over painful new austerity measures, a Greek cabinet minister said Saturday. "We are still at odds with the troika,...

ATHENS – Just as Greece is seeking a second bailout to keep its economy from failing and defaulting on its loans under the weight of a staggering $460 billion debt - $41,818 for every man, woman and child in...

Greece's private-sector umbrella union, GSEE, and the country's business groups agreed on Thursday to form a common front to oppose wage cuts, a move that could set them on a collision course with demands made by Greece's international creditors. Following...

ATHENS – With a first bailout of $152 billion failing to slow Greece’s slide towards default, a second rescue package of $169 billion won’t be enough to save the country either, and another $20 billion at least will be...

ATHENS – Even as the PASOK Socialist party his father founded 30 years ago, which has dominated Greek politics since, has sunk to single-digit support and is rapidly sliding toward oblivion, former Prime Minister George Papandreou said he won’t...

ATHENS – After two years of mostly staying silent as Greece has imposed waves of pay cuts, tax hikes, slashed pensions, and 150,000 layoffs in return for $152 billion in bailout loans to keep from going bankrupt, the head...

Greek Prime Minister Lucas Papademos has launched a bid for broad political backing for the painful reforms needed to get a new loan deal, a process that risks becoming politicized, with new elections expected in the spring. Papademos will meet...

Debt-laden Greece and its international lenders must focus less on deficit reduction and more on reform because there are limits to what society can tolerate, a senior IMF official said on Wednesday. With a long-awaited debt swap deal with private...

ATHENS – With the PASOK Socialist party imploding into near-nothingness and beset by infighting over who should be its new leader when former Prime Minister George Papandreou steps aside, just before new elections for Prime Minister are held, Health...

A judicial official says Greek lawmakers will be asked to decide whether the country's former prime minister and finance minister should be investigated regarding claims that the 2009 budget deficit was artificially inflated. The official said a Supreme Court prosecutor...

Greek Prime Minister Lucas Papademos said negotiators had made "significant progress" in talks to strike a restructuring deal for Greek government debt, with the aim of reaching a definitive agreement by the end of this week. "Significant progress has been...

German Professor of Economic History at the London School of Economics Albrecht Ritschl gave an interview to German Spiegel explaining why the Greek debt is not the biggest financial tragedy experienced in Europe, and emphasizing that the anti-Hellenic policies...

European leaders won’t finalize Greece’s second aid program today because talks with banks over debt reduction aren’t completed, German Chancellor Angela Merkel said. Leaders are also awaiting a European-International Monetary Fund assessment of Greece’s current needs and the status of...

ATHENS – Starting with Finance Minister Evangelos Venizelos, whose position effectively would become moot, Greek officials said they will not go along with a proposal by Germany for the European Union to appoint a budget commissioner to oversee Greece’s...

Members of the House of Representatives in Cyprus and the President of the House of Representatives, Giannakis Omirou, will pay a visit to Australia after an invitation by the Australian Parliament. The Cypriot members of the House of Representatives will...