With Greece teetering on the brink of bankruptcy, Prime Minister Lucas Papademos on Monday pushed back crucial talks on austerity measures with party leaders in his coalition government, defying calls by European leaders to speed up an agreement that would ave
As the Greece Parliament prepares to vote on austerity measures, the nation sees a nationwide strike and a wave of Cabinet resignations over demands by the European Union for ever-deeper spending cuts.
As thousands of protestors took to the streets and violence ripped through central Athens, Greece’s parliament on Sunday approved yet another round of punishing public spending cuts to secure international rescue funds and ease fears of a calamitous financial
Greek political leaders reached an agreement Thursday on more austerity cuts in order to qualify for a second international bailout. The agreement came after weeks of tortuous talks and will help avert a potential sovereign default next month.
Armed robbers steal dozens of priceless artifacts from a museum in Ancient Olympia in Greece, the birthplace of the Olympic Games. The robbers overpowered the sole night guard on duty, raising questions about the cash-strapped Greek state's ability to guard it
ATHENS -- In the latest twist to Greece’s lingering political crisis, President Karolos Papoulias on Monday proposed a government of technocrats to stave off a repeat round of elections that could jeopardize the country’s fate in terms of the shared European c
Greeks will go to the polls May 6, the prime minister announced Wednesday. The election will be a hard-fought race whose uncertain outcome could deepen Europe's debt crisis as Greeks grow weary of ever-harsher austerity measures.
After days of haggling, Greece's two main political parties agreed Thursday on the appointment of Lucas Papademos, a trained economist and former governor of the Greek central bank, to serve as the financially troubled country's new leader through the next few
Greece’s new prime minister, Lucas Papademos is sworn into office at the head of an interim coalition government that will attempt to push through an unpopular new bailout plan stitched together last month by European leaders to stave off a Greek default.
Greece's new prime minister, Lucas Papademos, won a crucial confidence vote Wednesday on sharp austerity measures in exchange for more bailout funds to help the country step back from the brink of bankruptcy. The ringing endorsement is a first step toward winn