austerity

Greek Prime Minister Alexis Tsipras had a 30-minute meeting with German Chancellor Angela Merkel and French President Francois Hollande on Friday morning in which he expressed his frustration over the insistence of lenders on such harsh measures for Greece. Tsipras...

Greek composer and former political figure Mikis Theodorakis calls on Greek Prime Minister Alexis Tsipras to not follow the way of his predecessors and sign a bad agreement with creditors. The awarded composer gave an interview to German newspaper Frankfurter Allgemeine...

In the past week, two separate demonstration rallies took place in front of the Greek Parliament in Athens, showing once again the polarization of Greek people in such a critical time for the Greek economy and society in general. It...

The European Commission officially rebutted Greece's claims and press leaks that creditors ask for irrational austerity measures in order to come to an agreement. European Commission chief spokesperson Margaritis Schinas and Coordinating Spokesperson for Economic and Financial Affairs Annika Breidhardt spoke...

Deputy Social Security Minister Dimitris Stratoulis stated that Greece will go to snap elections if lenders insist on austerity measures in order to sign a financial aid agreement. "The lenders want to impose hard measures. If they do not back...

The Greek crisis makes a cameo appearance in the current U2 tour in the United States and Canada as the phrase "Unfuck Greece" along with footage from anti-austerity demonstrations in Athens' Syntagma Square appear on the giant screen. When U2 performed...

The Greek government is seeking to secure a single, comprehensive agreement with European Union partners. The deal should put an end to austerity and open the path for growth. According to sources close to the Maximos Mansion, Prime Minister Alexis...

Acclaimed American economist, Professor of Economics and International Affairs at Princeton University and New York Times columnist Paul Krugman is scheduled to visit Athens on April 17 to deliver a speech entitled "Europe: What next?" as part of the "Megaron Plus" events...

Athens may have scraped enough cash to pay its dues in April but it may run out of funds in May and end up in sovereign default, a Financial Times report said. Greek Foreign Minister Yanis Varoufakis has assured International...

The newly elected leftist-led Greek government coalition is expected to submit a proposal for the creation of a committee to examine the previous governments' handling of the country's debt crisis. Specifically, according to government sources, the so called «memorandum examination...