Exasperated creditors have essentially thrown up their hands at Greek intransigence and are ready to wash their hands of providing any chance of more hope.
Rolling back reforms, Education Minister Aristides Baltas said he’s getting rid of university councils including foreign academics and from the Diaspora.
Greece beat its primary budget surplus in the first quarter of the year by postponing paying its bills and taking money from public investments.
Greek riot police tore into the occupied University of Athens main offices on April 17 and took out 14 anarchist protesters and terrorist sympathizers.
A magnitude 6.1 earthquake struck near the Greek island of Crete late April 16, but there were no immediate reports of injuries or serious damage.
US President Barack Obama told a visiting Greek Finance Minister Yanis Varoufakis that Greece and international lenders must end an impasse.
Greece needs a dollar but it’s only got a dime and it’s running down the road and running out of time, world press reports say.
ATHENS – Prime Minister Alexis Tsipras has sent a letter to Archbishop Ieronymos, thanking the head of the Greek Orthodox Church for offering to sell […]
By the day, Greece is getting closer to a potentially catastrophic debt default that could force it out of the euro bloc. All it needs to avoid that fate is a deal with its creditors to get more loans, but there’s no sign that will happen.
Greece’s new Radical Left SYRIZA-led government is digging in and refusing to impose reforms to get more international aid.