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Greece Backs Cyprus’ Bailout Rejection

The Greek government, which relented to austerity measures demanded by international lenders, is praising Cyprus for rejecting a confiscation tax on bank accounts insisted...

Greece, Troika Talks Break Down, Loan Put Off

Envoys from Greece's international lenders will leave Athens on March 14 after talks with the government failed to reach agreement on their demands for...

Water Utility CEO Named Privatization Chief

Moving quickly to fill the critical seat of the country's privatization board after its former chief quit following being charged with breach of duty...

EU Says Greece On Target – So Far

Eurozone finance ministers meeting in Brussels on March 4 said they were satisfied that Greece has met "necessary milestones" in fiscal targets for February...

Greece Will Tell Troika: No Public Firings

Inspectors from Greece's international lenders who returned to Athens on March 3 to assess progress on reforms to meet fiscal targets are going to...

Greece Fears Troika Wants Fast Firings

Inspectors from the Troika of Greece's international lenders will return to Athens next week as the uneasy coalition governments they will demand a picked-up...

Illegal Fuel Trade Moves to Ships

A leveling of Greece's special consumption tax on diesel with that of heating oil hasn't stopped illegal fuel trading and government officials are...

Greek Lawmakers OK Law to Unlock Aid

Greek lawmakers have approved a series of long-delayed reforms demanded by international creditors, taking the country a step closer to securing its next multi-billion...

Stournaras Says No More Heating Oil Help

With temperatures falling and many Greeks unable to afford heating oil because of huge tax increases on the fuel, Finance Minister Yiannis Stournaras said...

Stournaras Says Greek Default Still Possible

Despite an incoming influx of 54.5 billion euros ($69 billion) in more rescue loans from international lenders as part of a second bailout of...

Stournaras Sees Greek Recovery Late 2013

Greece's economy recession is expected to continue for a sixth straight year in 2013, but there may be signs of growth after the second...

Greece Wants Jail Time for Tax Cheats

Greece's government plans to push for a tougher stance against tax dodgers - including jail - in the new tax bill to be tabled...

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