EU

Taking political spin to new heights, Greek Finance Minister Yannis Stournaras said public workers who will be dismissed from their jobs aren't being fired, merely being given "compulsory exits," although the end result means they will be without a...

Deciding not to pay creditors in full and delaying tax returns to individuals and businesses, Greece posted a primary surplus - not counting interest due either - in the first eight months of the year, Finance Ministry data showed...

Greek Prime Minister Antonis Samaras, who said the country will on the road to recovery and maybe even return to international markets by the end of 2014, said he nonetheless may need to ask for additional aid from international...

Greece's European lenders estimate that the country needs an even smaller government and a new tax system, and for this reason they are hardening their measures in view of the quarterly audit which will be the "key" to the...

Under an onslaught of 63.6 billion euros in non-performing loans and many people unable to meet payments after three years of austerity measures, Greek banks said they’ve been left virtual-ly unable to lend. As default rates on mortgages approach 23...

With thousands of police trying to keep thousands of protesters away, Greek Prime Minister Antonis Samaras on Sept. 7, in a speech at the opening of the Thessaloniki International Fair (TIF), promised there would never ever again be any...

After more than three years of insisting, demanding, pestering, pleading, threatening, cajoling, badgering and negotiating with successive Greek governments to make reforms needed for bailout loans to keep coming  - which always have, even when there was a failure...

The math, already against Greece being able to repay $325 billion in two bailouts from international lenders, got even worse with the news from the International Monetary Fund that there will be a 46.8 billion euro ($61.76 billion) hole...

Frustrated in efforts to sell off major state enterprises, Greece is turning toward trying to get rid of other properties that can fetch anywhere from 310,000-3.4 million euros in a bid to bring in cash in smaller batches -...

European Central Bank (ECB) President Mario Draghi has jumped on the no-debt-cut-for-Greece bandwagon being driven by German Chancellor Angela Merkel whos said Athens will have to pay back all it owes to international lenders even though many analysts believe...