EU
Economy
Samaras: Tax Cuts, But No More Austerity Or Bailouts
With his New Democracy Conservatives putting taxpayer-funded ads into the media with critical elections looming for the European Parliament and Greek municipalities this month, Prime Minister Antonis Samaras told private Antenna television in an interview that he won't seek...
Economy
Eurozone Pushes Back Greek Debt Relief
Greece's hopes for a quick answer on a debt relief request from 240 billion euros ($330.7 billion) owed international lenders for two bailouts were dashed when Eurozone finance ministers said it wouldn't even be considered until after the summer.
Finance...
Economy
More Austerity Coming, More Pension Slashes
Breaking another vow, Prime Minister Antonis Samaras' coalition government is going ahead with more cuts to already-devastated pensions and will slash auxiliary and main benefits to satisfy international lenders.
For months, Samaras has said he would not impose any more...
Crime
Greeks in Ukraine Fear for Their Lives
Ukrainians of Greek descent, fearing for their lives, are asking Greece for special diaspora ID documents to help them escape the country beset by violence.
The Federation of Greek Communities of Ukraine is set to address a letter to the Greek Parliament requesting the Special...
Economy
Greece Readies Debt Relief Plea
With a primary surplus in hand, Greece is set to ask the eurozone to approve some sort of relief from the 240 billion euros it has borrowed from international lenders, reportedly a 50-year repayment schedule, lower interest or an...
Greece
Samaras Rejects Tsipras TV Debate Challenge
Greece 's Prime Minister Antonis Samaras was accused of being afraid to face major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras after the New Democracy Conservative leader said he wouldn't take the challenge for a r a...
Economy
Anxious Tsipras Says He'll Keep The Euro
Greece's main opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras is fending off criticism that he would take Greece out of the eurozone if he were to come to power, as he tries to keep the reins on his...
Greece
Greeks Third Last in EU for Credit Card Use
According to European Central Bank figures released on Tuesday, Greek citizens are among those least likely to use credit cards in the European Union. Greece came third last in terms of the frequency of use and the total value of payments made...
Economy
Samaras Looks To Growth, Debt Relief Next
Finance Minister Yannis Stournaras, who once said Greece didn't need debt relief, on April 28 confirmed that it does and that the government next week will begin the process of asking international lenders to restructure 240 billion euros in...
Economy
EU Says No More Greek Worker Firings
BRUSSELS - With Greece expecting to see the beginning of a recovery later this year, European Union officials said there's no need for more worker layoffs but that the government has to improve the quality of its notoriously-inefficient public...