Troika

Maria Fekter, Minister of Finance for the People's Party in Austria (OVP), said that Greeks did not properly use the billions of euros they are borrowing from international lenders and raised again the notion they are lazy. She said Greeks...

With his coalition government splintering, Greek Prime Minister Antonis Samaras will meet his coalition partners on Oct. 23 for talks on trying to finalize a $17.45 billion spending cut and tax hike package that has been stalled for months,...

Cyprus plans to contact international lenders on Monday evening to invite them to the island for final talks on a comprehensive aid package for the Greece-exposed island, officials said. While it was unclear when lenders from the European Central Bank,...

Greek Finance Minister Yiannis Stournaras said he hopes he can conclude negotiations with international lenders this week on a long-delayed $17.45 billion spending cut and tax hike plan that is needed to release a locked loan installment the country...

It’s almost impossible to overstate how much of a bloated opinion PASOK Anti-Socialist leader Evangelos Venizelos has of himself, even as he is taking the party toward the dustbin of history. Three years ago, PASOK won the elections with...

Greece is to redouble its efforts to reach a deal with its creditors so that the loans it needs are handed over, the country's finance minister said in an interview published Saturday. "We have completed 90 percent of the road...

Greece will run out of money in mid-November and needs to receive a delayed $38.8 billion installment from its bailout package as soon as possible, Greek Prime Minister Antonis Samaras said on Oct. 19. “On the 16th of November the...

Still pressing his case for support, Greek Prime Minister Antonis Samaras met with German Chancellor Angela Merkel in Brussels on Oct. 19 on the sidelines of an European Union summit meeting which began the day before. She had come...

The three parties in Greece’s uneasy coalition government are paying a high price for their unremitting support of more austerity measures, with polls showing the ruling New Democracy Conservatives have fallen behind the major opposition Coalition of the Radical...

Greece’s pending $17.45 billion plan for spending cuts and tax hikes demanded by international lenders includes clauses that are unlawful because they violate workers’ rights, a committee of the Council of Europe has ruled in a non-binding judgment. The committee...