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Piraeus Bank Takes Over Ailing ATEbank
ATHENS – The Greek government has agreed to hand over the performing loans and healthy assets of nearly-insolvent state-run ATEbank to the privately-run Piraeus...
September Crunch Time for Greece With Troika's Return
ATHENS – The seemingly endless saga of the rule of international lenders over Greece’s economy will take a summer hiatus but will pick up...
Germany, Troika, Squeezing Greece Toward Eurozone Exit
ATHENS – With the arrival of inspectors from international lenders in Greece this week to check on the progress of delayed reforms, speculation is...
Bill Clinton Heads to Greece this Weekend to Promote "The Hellenic Initiative"
ATHENS – Former U.S. President Bill Clinton will be in Greece this weekend to promote "The Hellenic Initiative," an initiative organized by Greeks of...
Samaras Tells Ministers: Find $14 Billion in Cuts or I Will
ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by...
Greek President Cancels Democracy Celebration
ATHENS – Greece’s economic crisis, that is sapping the spirit out of the country as well as its finances, is so wearing that President...
Tsipras Says More Austerity Coming, Greece Will Quit the Euro
ATHENS – Continuing his non-stop onslaught against pro-austerity Prime Minister Antonis Samaras’ coalition, Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said the...
Greeks Favor Renegotiation of Loan Even at Risk of Euro Exit
Almost three-quarters of Greeks want Antonis Samaras’s coalition government to insist on a renegotiation of the terms of the country’s international loan agreement, an...
Greece's "Game of Thrones": Venizelos Squeezes Out Stournaras
ATHENS – Absent from the list of the 105 athletes that Greece will be sending to the London Olympics this month – excluding the...
Failed Former Greek Premier Papandreou Gets Harvard Post
ATHENS – If old soldiers never die but just fade away, it seems that politicians who lose office slide into college teaching positions. Former...