EU/IMF

Greek Prime Minister Antonis Samaras will have to present an inconclusive 2014 budget to Parliament on Nov. 21 without the blessing of the country's international lenders as the two sides couldn't agree on how to deal with how much...

The European Central Bank (ECB) warned Cyprus on March 21 that it would stop providing emergency funding on March 25 unless the government finds a way to come up with 5.8 billion euros ($7.5 billion) to trigger a 10...

Crushed between soaring tax rates and the loss of value on their properties, thousands of Greek commercial building owners are bleeding money and can't find tenants, even at reduced rents, leading to a vacancy rate of some 30 percent....

Cyprus is close to agreeing a bailout package with the European Union and IMF, President Demetris Christofias said on Thursday after the latest round of talks with the international lenders. Two EU sources said the agreement was nearly done but...

Greece on Friday was in the process of repaying a 5-billion-euro ($6.4 billion) treasury bill with money raised from another debt issue this week, thus avoiding a payment default, a debt management agency source said, according to Wall Street...

Greek Prime Minister Antonis Samaras's conservatives have maintained a slight lead over the main opposition party Syriza, according to an opinion poll published Sunday. New Democracy, the major partner in the coalition government, enjoyed a 24.8 percent lead over the...

The Greek government announced on Tuesday the merger or cutting of about 20 public agencies in an effort to axe state spending as called for by the country's EU-IMF lenders. In a statement, the ministry said that 5,256 employees from...

Greek poll front-runner Alexis Tsipras, buoyed by a groundswell of opposition to EU-IMF imposed austerity measures, says forcing his country out of the eurozone would sink the region as a whole. The problems in Greece were those of Europe, Tsipras...

Greek construction shrank for a sixth consecutive year in 2011 and is unlikely to recover in 2012, hit by a tax onslaught and an investment slump caused by EU/IMF-imposed austerity policies, statistics service (ELSTAT) data showed on Thursday. Building activity in...

"No decision has been taken yet but May 6 is a very probable date for the elections," the official, who declined to be named, told Reuters. There was no official confirmation of the election date. Lucas Papademos' technocrat coalition government...