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With decision on $14.6 billion in new budget cuts stuck in limbo for weeks, Prime Minister Antonis Samaras is set to meet with his coalition partners on Sept. 20 to finalize the measures before presenting them to the Troika...

Greece should get cheaper rates on its pending second bailout, for $172 billion, and at least two more years from its international lenders to repay them, the chief negotiator for the country's private sector creditors said. Charles Dallara, Managing Director...

While Greek Prime Minister Antonis Samaras is working toward trying to make the economy recover in the face of daunting odds, the international financial comglomerate Citi, which includes Citibank, said it believes he won't make it and that the...

With pessimism and gloom settling over Greece with another pending $14.6 billion in government spending cuts and more austerity measures looming, Finance Minister Yiannis Stournas said he believes that the country will survive and its economy come back. Speaking to...

Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has dismissed hopes that Greece would get  two-year extension to meet reduce its deficit and impose more austerity on orders of international lenders as a failed scheme he said would...

Again pleading for more time to lower Greece’s deficit and make more deep spending cuts on orders of international lenders, Greek Prime Minister Antonis Samaras repeated his warning that the alternative – Greece being forced out of the Eurozone,...

Greek Prime Minister Antonis Samaras’ hopes that Greece will get an additional two years to make spending cuts and reduce its deficit got support from Austrian Finance Minister Maria Fekter, whose country is one of the 17 in the...

Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, who has been mostly silent for months while the uneasy coalition of Prime Minister Antonis Samaras has been preparing $14.6 billion in budget cuts aimed primarily at the poor, workers...

Greece needs a two-year extension from its international creditors to meet fiscal pledges, and a liquidity boost from the European Central Bank, said Prime Minister Antonis Samaras. In a Washington Post interview appearing in Greece on Saturday, Samaras said the...

Looking everywhere for cash, a frantic Greek government is reportedly ready to scrap the tax-free threshold of 5,000 euros, or $6,561 a year and make the desperately poor pay taxes for the first time. The level had been reduced to...