EU

Greek Finance Minister Yannis Stournaras, who is placing all his bets on austerity and hopes for growth to offset a crushing economic crisis, said it had better work because there's no backup Plan B in place. Despite that, he said...

Paulo Nogueira Batista, Brazil's representative to the International Monetary Fund, who abstained from a vote granting more aid to Greece after he said the idea it could be paid back was "delusional," was recalled by Finance Minister Guido Mantegna...

With Greeks fleeing to their villages and vacations for August, the coalition government headed by New Democracy Conservative leader and Prime Minister Antonis Samaras is gearing up for trouble when they return next month and expected protests against the...

Greek Prime Minister Antonis Samaras' hope that international lenders will yet agree to cut Greece's debt even if it makes them take losses is still alive, at least with International Monetary Fund Managing Director Christine Lagarde, who said Europe...

Two bailouts of $325 billion haven't been enough to slow Greece's economic decline, even with big pay cuts, tax hikes and slashed pensions so the country will probably need more money and debt relief from European countries, according to...

Getting ready to transfer or fire up to 40,000 public workers over the next two years on the orders of international lenders, Greece is finally going after those who've been disciplinary problems or been wrongdoers at work. Some 104 civil...

The long-pursued demand by the Greek community in Turkey concerning the reopening of the Greek Orthodox Seminary on Heybeliada, will be possibly fulfilled. This is what Justice Minister,  Sadullah Ergin, said. “The reopening of the Halki Seminary is among the...

Visiting Italian Prime Minister Enrico Letta said after a meeting in Athens with Prime Minister Antonis Samaras that the bailout program pout together by the country's international lenders would have caused less of a "financial disaster," if administered better,...

Greece is making achingly slow progress with fiscal and structural reforms but woefully behind in other key areas and is facing a funding gap that needs to be filled somehow, according to the European Commission's report on the third...

Three years after international bailouts began to keep Greece's economy from imploding, the government has spent a first rescue package of $152 billion and is working its way through a second of $173 billion but the country's debt is...