Politics

Greece would suffer disastrous consequences if it ditched the euro for the drachma, the country's central banker said in a newspaper interview, warning that such a move would result in a massive devaluation. "A return to the drachma would mean...

Prosecutors heading the judicial task force charged with fighting tax evasion, Grigoris Peponis and Spiros Mouzakitis have been called by the supervising economic prosecutor Nikolas Pantelis at Areios Pagos earlier today. The two men submitted a memorandum to deputy prosecutor...

ATHENS – Unless you were rich, a business executive, a celebrity, or among the few privileged elite who run the country and for whom every year is a banner year of profiteering, 2011 was the worst year for most...

President of the House of Representatives of the Republic of Cyprus, Yiannakis Omirou stated after visiting the “Michalakis Parides” military camp that Turkey is a real threat against the Hellenism of Cyprus, adding that the EU and the international...

Patriarch of Moscow and all Russia Kirill asked from the Greek President Karolos Papoulias to intervene and release Archimandrite Ephraim, superior of the Mount Athos Vatopedi Monastery, since he is no threat to the public and is willing to...

Despite some calls for a meeting of PASOK’s national council to be called so the process of electing a new leader could begin, Papandreou only committed to reconvening the political council in January. PASOK heavyweights put pressure on party chief...

ATHENS – As Greece continues to bury its workers, pensioners and poor with waves of taxes to keep the country from going bankrupt, the two prosecutors in charge of going after tax cheats costing the country more than $60...

ATHENS – Hopes by retailers that cash-starved Greek would open their wallets and spend what’s left after an avalanche of pay cuts, tax hikes, slashed pensions and scores of thousands of layoffs as the country tries to stave off...

A former Turkish prime minister is denying that he alleged that government agents set forest fires in Greece, Turkey's traditional foe, in the early 1990s. The Turkish newspaper Birgun reported that Mesut Yilmaz referred in an interview last week to...

ATHENS – Ten years ago, Peter Economides, a marketing strategist who helped re-launch a dying Apple computer company into the world’s second-largest business, left New York, came to visit Greece, stayed at a hotel on Athens’ southern coast, saw...

Greece requested clarifications from Turkey on Monday regarding former Turkish Prime Minister Mesut Yilmaz's statements over a "Turkish link" to devastating forest fires in Greece in the past. "The Greek side awaits to be informed on the matter by the...

According to Dr. Konstantinos Dokouslis, on Tuesday a medical examination will take place to decide when Abbot Ephraim will be able to be transferred to a hospital in Thessaloniki. Abbot Ephraim was confined to bed with high fever a few days ago....

ATHENS- Christmas this year for many Greeks is no reason to celebrate as they come to the end of a four year of recession and an economic crisis with 17.5 percent unemployment, 500,000 people with no income at all,...

Conservative New Democracy party signalled on Friday it would drop its insistence on holding elections in February, a move that would give Prime Minister Lucas Papademos more time to pass reforms and secure a vital debt restructuring deal. Shortly afterward...

Sources within main opposition party New Democracy asserted on Thursday that ND leader Antonis Samaras will not support any change to the agreements concerning the transitional government's mission and role, including suggestions that the next elections be postponed, a...