EU Decision Political Handling Still A Puzzle

The Greek government is engaged in exercises on paper for the political handling of the upcoming EU decision, seeking allies in the opposition, but...

After the Haircut, What Next for Greece?

The signs are all there that investors have really given up on Greece: analysts no longer say “if” when[...]

Russia Interested in Cyprus EEZ Exploration

Cyprus state television reported that the Russian energy colossus Gazprom is interested in purchasing the exploration rights for natural gas and oil in the...

Papandreou Calls for Unity as EU Seeks Debt Solution

Prime Minister George Papandreou called for unity across Greece's political spectrum Tuesday, as European finance ministers and leaders struggled to come up with a...

Venizelos: EU Deal will Need Big Majority

A new bailout for Greece, currently being hammered out by European Union leaders as part of a broader rescue package for the bloc, will...

Papandreou: We Don’t Get No Respect

Battered at home and throughout Europe, Greece deserves some respect for its efforts to overcome its economic crisis, Prime Minister George Papandreou said, asking...

Greek Deputy Finance Minister to Visit Belgrade

Deputy Foreign Minister Dimitris Dollis will carry out a visit to Belgrade on October 24 and 25, within the framework of the “Go International”...

Greek Press Alarmed at ‘Haircut’ Effect on Banks

Greek newspapers expressed fears Monday for the future of the country's banking sector if debt writedowns of 50 percent proposed by European leaders went...

EU Task Force Head To Visit Athens Tuesday, Wednesday

The head of the task force for Greece will visit Athens Tuesday and Wednesday, the European Commission said Monday. Horst Reichenbach will meet the country΄s...

Power Games Regarding Greek PSI and EFSF Role

The debate about the haircut of Greek debt has a new dimension, as a large proportion of banks involved in the negotiations expressed the...

More Austerity Means More Strikes Too

ATHENS – Protests didn't work. Riots didn't work. Strikes didn't work either, but Greek workers say they’ll walk off their jobs again this week anyway, fed up with another round...

Cutting Greek Debt Must be Voluntary: Greek Official

Any solution for further reducing Greece's debt burden must be voluntary, a Greek government official said on Sunday following a meeting of EU leaders...

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