ECB

Greek Parliament President Evangelos Meimarakis, handpicked for the position by Prime Minister and New Democracy Conservative leader Antonis Samaras, said he will suspend himself from his duties during a reported investigation into alleged corruption by the country's financial crimes...

Greek Prime Minister Antonis Samaras faces the first real test of his already-shaky three-month coalition government this week with the walkout of public workers in several sectors and a 24-hour general strike on Sept. 26 against another round of...

As international lenders press Greece to break up near-monopolies in professions from druggists to lawyers, a lack of competition in the country’s fuel market is costing consumers hundreds of millions of euros, according to a draft International Monetary Fund...

Greek banks that have billions of outstanding government loans that are at risk of default should the EU-IMF-ECB Troika not issue another bailout are becoming more aggressive in collecting consumer debt. Banks are negotiating terms with numerous borrowers – and...

With polls showing more than two-thirds of Greeks believe the country is headed in the wrong direction, Prime Minister Antonis Samaras is expected to make a national TV address to try to convince a skeptical public to accept more...

To avoid upsetting world markets as U.S. President Barack Obama seeks re-election, Greece’s international lenders may delay a crucial report on additional funding until after Americans go to the polls on Nov. 6, the news agency Reuters reported, although...

Lost off the radar screen as Greece sinks toward economic oblivion because of generations of greed, corruption, mismanagement, tax evasion, incompetence, inefficiency and a bloated public sector full of so much deadwood you could feed every fireplace in Europe...

After earlier imposing 74 percent losses on banks and investors – and nearly wiping out its own banking industry in the process – Greece will probably give its bondholders another so-called “haircut,” including those who refused to participate before,...

Greek Democratic Left (DIMAR) party leader Fotis Kouvelis’ decision to renege on campaign promises to protect workers, the poor and elderly and support more harsh austerity measures on them has sparked a mini-rebellion in the party, with several of...

Greek Prime Minister Antonis Samaras’ failure to convince his reluctant coalition partners to accept all the harsh measures in a $14.6 billion spending cut plan demanded by international lenders means the government will not be able to present a...