Greek Tax Incentive Plan Shelved

- May 12, 2016

Under pressure from international creditors, Greece has scrapped a plan offering tax cheats incentives to pay what they owe.

Reforms Done, More Austerity Due

- May 11, 2016

Having rammed more austerity through Parliament, Prime Minister Alexis Tsipras is getting ready to prepare more for beleaguered Greeks.

Greece’s Creditors Want More Cuts

- May 8, 2016

Greece’s European creditors have sent a plan to Eurozone finance chiefs seeking “additional austerity steps” if fiscal targets aren’t met.

Tsipras Defends More Austerity

- May 8, 2016

Prime Minister Alexis Tsipras said more austerity measures he said before had destroyed the lives of Greeks now won’t hurt them.

Greek Parliament Girds for Protested Austerity Vote, Pressure On Tsipras

- May 8, 2016

Greek lawmakers on May 8 were in the final debate over more crushing austerity measures being pushed by Prime Minister and Radical Left SYRIZA leader Alexis Tsipras, almost completing a complete retreat from his vows to overturn the brutal conditions ordered by international lenders.

International Bailouts Saved EU Banks, Not Austerity-Weary Greeks

- May 5, 2016

International bailouts to save the Greek economy – which came with punishing austerity – have been used to pay European Union banks, with only 5 percent of 220 billion euros going to state coffers to help a beleaguered society, a German study has found.

The Modern Ruins of Greece

- May 5, 2016

Greece isn’t just broken. It’s broke. Six years and 326 billion euros in three bailouts later, the economy is worse, with debt hovering around 175 percent of GDP.

Tsipras Rallies Ministers for Reforms

- May 3, 2016

Hoping to reach a reform and bailout money release deal with international creditors, Prime Minister Alexis Tsipras held meetings with his ministers.