Greece

According to Zoe Georganta, Professor of the University of Macedonia and until recently member of the board of directors of the Hellenic Statistical Authority (EL.STAT.), the data presented in 2009 concerning the country’s deficit were false and Greece entered...

According to data released Thursday by the Hellenic Federation of Enterprises (SEV), significant declines in state funding for public services were recorded between 2015 and 2016. During this period, the Greek state invested just €3 million ($3.4 million) in...

The fact that the Greek government opened the controversial issue of the naming of the Former Yugoslav Republic of Macedonia (FYROM) at a time when creditors were pressuring Athens to implement reforms was suspicious from day one. Athens had agreed with creditors...

Four in 10 Greeks believe that the Alexis Tsipras government has brought on the worst austerity measures, according to a poll by the University of Macedonia. Conducted on behalf of Skai television, the survey shows that the majority of Greeks...

The SYRIZA-ANEL coalition on Thursday night voted for the harsh austerity measures required by Greece's creditors amid strong reactions from the opposition and thousands protesting outside the House. All 153 lawmakers of the two ruling parties voted for the measures...

A nationwide strike has paralyzed Greece on Wednesday, while in parliament government and opposition parties have started a heated discussion over the new austerity measures tabled for voting. Train, bus, ferry and airline services are disrupted while private and public...

In debt-ridden Greece all logic seems to be lost after Friday's announcement by Eurogroup chief Jeroen Dijsselbloem that the second bailout review is close to being completed and lenders will return to Athens to iron out the final details....

Greece's Interior Minister Panos Skourletis on Monday called for the opposition to vote for the austerity measures creditors demand, with main opposition replying "no way." Skourletis spoke on RealFM radio arguing that since the measures required by the bailout program...

Greeks are bracing to face a series of austerity measures and harsh reforms in the aftermath of the election that brought to power the previous coalition of SYRIZA and ANEL. About fifty measures and reforms have to be implemented by...

Greek Prime Minister Alexis Tsipras had a 30-minute meeting with German Chancellor Angela Merkel and French President Francois Hollande on Friday morning in which he expressed his frustration over the insistence of lenders on such harsh measures for Greece. Tsipras...

Several of the measures proposed by creditors in order to achieve an agreement belong to the "red lines," thereby they were rejected by Greek Prime Minister Alexis Tsipras in the early morning hours on Thursday in Brussels. "Greece cannot consider further...

"The Amphipolis tomb excavation was a badly staged play to distract Greek people from the harsh austerity measures the previous government was implementing," noted the general secretary of the Athens Archaeological Institute Vasilios Petratos. Petratos, also an academic, said that the...

Greek Prime Minister Antonis Samaras said the country's primary surplus - not counting interest on debt and a slew of other costs - has surpassed 1.5 billion euros ($2.03) billion, enough to stave off the need for additional aid...

With social unrest raging again in Greece - this time over the killing of an anti-fascist for which a member of the neo-Nazi Golden Dawn party was arrested - major opposition party Coalition of the Radical Left (SYRIZA) leader...

Greek Prime Minister Antonis Samaras' vow not to impose any more austerity measures on Greeks has fallen on deaf ears in Geramany where the Deputy Parliamentary Chairman of Chancellor Angela Merkel's Christian Democrats said if Greece needs a third...