Papandreou Called on to Resign by 6 Party Members

Six senior members of the ruling party called on Prime Minister George Papandreou to step down, state-run Athens News Agency reported, without citing anyone. The...

Milena Apostolaki Quits PASOK Group

A Greek governing party deputy defected on Tuesday over Prime Minister George Papandreou's sudden decision to hold a referendum on a European debt deal,...

The Rest Of Europe Is Fuming At Greece Right Now

French President Nicolas Sarkozy was reported to be “dismayed” by the news that Papandreou would call a referendum on the bailout deal. Sources close...

Fitch: Greek Referendum Poses a Threat to the Eurozone’s Financial Stability

Ratings says that the announcement by the Prime Minister of Greece of a public referendum to approve the economic and financial conditions associated...

Samaras: Will Try To Stop Referendum At Any Cost

General elections are a ''national necessity,'' Antonis Samaras, the leader of the main opposition New Democracy party told reporters following his meeting with President...

German Parliament Leader “Irritated” by Greek Referendum

A leader in Chancellor Angela Merkel's center-right coalition said on Tuesday he was "irritated" to hear Greek Prime Minister George Papandreou had called a...

Up to Eight bln Euros Paid in Bogus Pensions

Up to eight billion euros have been paid in bogus pensions in the past decade in Greece, director of the Social Security Foundation (IKA),...

Greek Unemployment Hits 17.6% – and Climbing

Despite 18 months of pay cuts, wage hikes, and slashed pensions, a $157 billion bailout – and now forgiveness of half of its new...

Greek Deal Must be a One Off: Trichet

The outgoing head of the European Central Bank, Jean Claude Trichet, has warned that there should be no repeat of last week's deal to...

Socialist International Meeting on Arab Spring Ends

Prime Minister and Socialist International president George Papandreou, after the end of the sessions of the Socialist International's conference in the city of Agios...

Barroso: Pardoning of Greek Debt Won’t Be Repeated!

This week's Eurozone agreement to remit 50% of the massive Greek state debt is "an absolutely unique and exceptional measure," stated EC President Jose...

Harvard Professor Says Greece Will Exit Eurozone

A plan to wipe out 50 percent of Greece’s debt to international lenders is not enough to keep the economy from collapsing and eventually...

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