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Schaeuble Says Greeks Can't Blame Others For Their Fiscal Woes

German Finance Minister Wolfgang Schaeuble, whose country has insisted on harsh austerity measures in return for contributing to international bailouts propping up the Greek government, said Greeks should be praised for their sacrifices but not blame Germang or the...

Tsipras: Europe Needs "New Deal"

Taking a page from former U.S. President Franklin Delano Roosevelt, Greece's major opposition Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said Europe needs to find another way to deal with its economic problems and austerity pushed on...

PASOK In Panic Over Papandreou Defiance

PASOK's once-dominant Socialist party is in almost completely disarray in the aftermath of its former leader and previous Greek premier George Papandreou in an almost-open rebellion against the current leader, Evangelos Venizelos. Papandreou voted against a key banking article in...

Greece Going Back To Bond Markets

After being locked out of the bond markets for almost four years during a crushing economic crisis, Greece is set to make a wary return in the next few months by issuing a small offer it hopes will attract...

EU Wary of Greek Hopes To Avoid Third Bailout

Fresh on the heels of the news that international lenders would release a long-delayed installment of 8.3 billion euros in three installments, the government said it won't need a third rescue package and hopes to return to the markets,...

EU Splits Up Greek Bailout Loan

Greece won't be getting its long overdue next installment from international lenders all at once but in three parts, Eurozone finance ministers meeting in Athens have decided. Jeroen Dijsselbloem, the Dutch finance minister heads the group of 18 countries that...

Venizelos Won't Oust Papandreou Over Bill Vote Defiance

PASOK leader Evangelos Venizelos - without naming him - blistered former Socialist leader and previous premier George Papandreou for voting against a key article in a reform bill that passed Parliament, but didn't oust him or another veteran MP,...

Greek Parliament Rams Through Reform Bill

The Greek Parliament, by a vote of 152 to 135, in the early morning hours of March 31 approved a critical reform bill needed to release a delayed nine billion euro installment from international lenders, but only after vehement...

New Democracy Takes Back The Lead

Greek Prime Minister Antonis Samaras' promise to return part of  primary surplus to a few groups affected by austerity measures is working to woo voters, as a poll showed his New Democracy Conservatives retaking the lead over the major...

Milk Fight Rebels Relent, Bill Passage Seen

Backed by a warning from its international lenders that the next installment would be yanked if there are any changes to an omnibus bill going before the Greek Parliament on March 30, the government has brought would-be rebels upset...