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EU Source: Greek Bailout Exit in Sight

Associated Press (AP) is reporting a senior EU official in Brussels saying Greece is close to exiting its bailout program. Speaking anonymously on Thursday ahead of...

General Strike over Austerity Brings Greece to a Halt

Greek workers have walked off their jobs for a 24-hour general strike that is shutting down  services across the country. Domestic flights and Athens transport...

Wolfgang Schauble Waves Goodbye ‘Vindicated’ by Tough Bailout Policies

Wolfgang Schäuble says he feels vindicated by the results of often painful reforms carried out in exchange for EU loans in Greece, Portugal, Ireland...

Naxos Tavern Owner Finds Clever Way to Protest Against Heavy Taxes, Austerity

A tavern owner on Naxos found an inventive way to protest against the heavy taxes and overall austerity imposed upon Greek people in the...

Greek Government Sees ‘End of the Tunnel’ for Austerity

At a cabinet meeting, held behind closed doors on Wednesday, ministers agreed on the main legislative initiatives to be implemented in the next few...

Poll: 4 in 10 Greeks Believe Tsipras Brought the Worst Austerity Measures

Four in 10 Greeks believe that the Alexis Tsipras government has brought on the worst austerity measures, according to a poll by the University...

Greek Coalition Voted the Austerity Measures Amid Strong Reactions in and out of House

The SYRIZA-ANEL coalition on Thursday night voted for the harsh austerity measures required by Greece's creditors amid strong reactions from the opposition and thousands...

Nationwide Strike in Greece While Parties Clash over Austerity Measures in Parliament

A nationwide strike has paralyzed Greece on Wednesday, while in parliament government and opposition parties have started a heated discussion over the new austerity...

Public Entities, Unions React Strongly to Greek Gov’t Austerity Measures

The reaction of public entities and unions to the new austerity measures the Greek government is trying to pass was expressed with strong language...

Greeks Called Upon to Pay €4.5 Bln in New Austerity Measures

Greek taxpayers and pensioners are called upon to pay over 4.5 billion euros after the reduction of the tax-free income and pension cuts in...

Anti-Austerity Government Celebrates Austerity Measures

Alexis Tsipras and his cabinet always find something to celebrate. From unfinished highways and under-equipped hospitals they inaugurate with aplomb worthy of banana republic...

New Austerity Measures for Greece Include Pension Cuts, Lower Tax-Free Income

The Greek government on Tuesday agreed with international creditors on new austerity measures in order to close the second review of the bailout program,...

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