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Samaras Will Meet Merkel in Berlin

Greek Prime Minister Antonis Samaras reportedly will head to Berlin this week to give German Chancellor Angela Merkel an update on the progress of economic reforms and more austerity measures that she insisted upon in return for backing continued...

IMF Miscalculated Greek Austerity Effect

The top economist at the International Monetary Fund (IMF) one of Greece’s Troika of lender, has admitted that the agency didn’t calculate how devastating the austerity measures it wanted would be on the Greek economy and those of other...

Samaras to Meet Merkel in Berlin Next Week

The German government says Chancellor Angela Merkel will meet Greek Prime Minister Antonis Samaras in Berlin next week. Merkel spokesman Steffen Seibert said Merkel will welcome Samaras to the chancellery on Tuesday. He said Friday that the informal meeting offers an...

The 12 Events That Bent Greece In 2012

The world was supposed to end in 2012 – on Dec. 21 for you Mayan calendar believers and doomsday cultists – and for many Greeks it seemed like it did. Like the Flogging Molly song, it was the worst...

German Paper Names Samaras Top EU Leader

Greek Prime Minister Antonis Samaras has won an honor his critics find dubious: he was named Europe’s Politician of the Year by the German newspaper Handelslblatt, which praised him for guiding Greece through a crushing economic crisis, during which...

Kammenos Says Samaras Greece's "Chancellor"

Independent Greeks leader Panos Kammenos, struggling to keep his party together in the wake of defections and waning support, lashed out at some of his former members on Dec. 14 and accused Prime Minister Antonis Samaras of following the...

Eurozone OK's Rescue Loans For Greece

It took a long time, but finance ministers of the 17-nation Eurozone, after months of wrangling with Greece, on Dec. 13 agreed to release a first series of 34.3 billion euros ($46.7 billion) almost immediately, and another 14.8 billion...

Tsipras Urges Eurozone Debt Talks

While Greece awaits a first series of $56.7 billion in more rescue loans from international lenders and is trying to buy back its bonds at a big discount to reduce its debt, the leader of the major opposition party...

Samaras Visits Bavaria For Fresh Start

Greek Prime Minister Antonis Samaras said he was looking forward to a "new start" in Greece's relations with the conservative German state of Bavaria, one of his country's harshest critics, ahead of his visit there on Dec. 9. Samaras' trip...

Merkel Does Not Rule out Greek "Haircut" in Coming Years

German Chancellor Angela Merkel said she has not ruled out a so-called "haircut", or write-down, on Greek debt in the next few years, in an interview with a Sunday newspaper, marking an apparent softening in position. After being vehemently opposed...