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Now Stournaras Doesn't Want Debt Cut

Greek Finance Minister Yannis Stournaras, dismissing reports he may be appointed the Governor of the Bank of Greece which has had trouble predicting the country's fiscal fortune, told SKAI TV that he's changed his mind about asking the country's...

New Memorandum Brings More Austerity to Greece

The Greek government has taken a series of new measures in order to convince troika to return to Athens and start the negotiation process once again. These new measures are estimated to ensure approximately 1.2 billion euros for the Greek...

Samaras Says Coalition Strong, SYRIZA Hypocrites

Stepping up a war of words with his rivals, Greek Prime Minister Antonis Samaras, the New Democracy Conservative leader, has insisted that his coalition with the PASOK Socialists will survive critical May European Parliament elections and run out its...

Greek Finance Minister Urges Troika to Be Realistic

Greek Finance Minister, Yannis Stournaras recently spoke to the Financial Times, saying that the small parliamentary majority of the government makes it increasingly difficult to pass hard economic reform measures and asks troika to be more realistic in its...

IMF Still Doubts Greek Comeback

Greek Prime Minister Antonis Samaras' drumbeat that the failed economy will begin to recover and there will be a return to the markets this year has been undercut by one of its lenders, the International Monetary Fund, which said...

Under Troika Shadow, Greece Takes EU Presidency

As Greece formally took over the symbolic European Union Presidency for six months on Jan. 8 with a ceremony including invited European officials, Finance Minister Yannis Stournaras said he would conclude negotiations with the country's international lenders during the...

ESM Chief: No Greek Debt Cut

While Greek Prime Minister Antonis Samaras said Greece's battered economy will begin to recover this year - and with even a possible return to the markets - the government's hope for reducing its debt by not paying back in...

Georgiadis, PASOK, To Talk Hospital Fee

Under fire from all sides, Health Minister Adonis Georgiadis said he would meet with lawmakers from the PASOK Socialists who are partners in the coalition government of Prime Minister Antonis Samaras, the New Democracy Conservative leader, to talk about...

Samaras, Venizelos in New Year's Powwow

Hoping to head off growing dissent in his shaky coalition, Greek Prime Minister Antonis Samaras will sit down on Jan. 6 with his partner, PASOK Socialist chief Evangelos Venizelos, to talk about how to deal with unhappiness over a...

PIMCO Says No Greek Market Return

Even as Greece's government proclaims an economic recovery will begin this year, the world's biggest bond fund manager PIMCO said it doesn't see any chance the country will be able to return to the markets this year, dashing some...