Politics

Ministers from a far-right party in Greece's coalition government have offered their resignation to Prime Minister Lucas Papademos, the Athens News Agency said on Friday. It is now up to Papademos to decide whether he will accept them, ANA said,...

German Finance Minister Wolfgang Schaeuble told conservative lawmakers on Friday that existing Greek reform pledges would not bring its debt down to levels that are considered sustainable, sources who attended the meeting said. "Schaeuble said the current plans would leave...

New Democracy party leader Antonis Samaras emphasised on Thursday evening that "the country never had a greater need for elections than it has today." Speaking during a nationally televised address, Samaras noted that "we struggled to avert a worse recession...

ATHENS - After divisive talks, Greece’s coalition government has agreed on a plan to make more deep spending cuts to stave off default, but the deal means although pensioners could be spared, the country’s already-wracked health care system will...

The chairman of the meeting of eurozone finance ministers says Greece has to identify an extra €325 million in savings for 2012 in order meet the terms of a much-needed bailout. Jean-Claude Juncker said Thursday the Greek parliament will also...

Greece dominated international headlines on Thursday, as political leaders (finally) reached an agreement on even more brutal austerity measures. Financial Times and Marketwatch were among the first media to report the news on the agreement. Marketwatch referred to the reaction...

Eurozone finance ministers warned Greece on Thursday that they are not yet ready to unlock a new debt bailout despite an agreement between Greek political leaders on new austerity cuts. Luxembourg prime minister, Jean-Claude Juncker, arriving to chair Brussels talks...

With their brand new second video message, “Anonymous” strikes again; this time by directly addressing the Greek people. After they had recently hacked into the website of the Ministry of Justice and caused some turmoil, “Anonymous” retaliated in a 10...

The agreement reached by Greek political leaders to win the nation's second bailout may be "analytically questionable," Pacific Investment Management Co.'s Mohamed A. El-Erian said. "It is very unlikely to lead to growth, jobs, financial stability and new investments," El-Erian,...

Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital €130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists...

Greece's public and private sector umbrella unions, ADEDY and GSEE, Thursday called a 48-hour general strike to protest new austerity measures demanded by the country's international creditors in exchange for a fresh EUR130 billion bailout. In a statement, the two...

Finance Minister Evangelos Venizelos said there is still uncertainty on the terms of a 130 billion-euro ($172 billion) rescue package for his country ahead of a meeting of euro area finance ministers today. "There are issues outstanding that must be...

ATHENS – Frustratingly slow talks among Greece’s leaders on whether to accept tough measures to keep international aid coming – which could push Greece into a Depression – or reject them – which could force an already-bankrupt country to...

On Thursday, February 9, the French Green MEP, Daniel Cohn-Bendit, will be honored by the University of Athens for the services he has offered Greece in the past years. Daniel Cohn-Bendit became a popular and well recognized figure in Greece...

The popularity of Greece's socialist party, Pasok, which controls a narrow majority in parliament, continued to plummet during the last month according to poll results Wednesday, as the conservative opposition continued to maintain their lead. The nationwide poll, conducted for...