The country’s gross domestic product contracted in 2011 at a particularly steep rate of 6.8 per cent, the highest on record, following three years of recession and beating even the

Municipal workers started on Monday sweeping up piles of rubble and broken glass caused by the widespread rioting and looting that broke out during an anti-austerity demonstration

Greece’s political parties are to receive 14 million euros less in taxpayers’ money this year, according to plans presented this week by Interior Minister Tassos Yiannitsis.

PASOK and ND try to regroup after Monday’s bail out vote.

A scheduled summit of eurozone finance ministers on Wednesday, where a second debt deal for Greece had been widely expected to be rubberstamped, was cancelled late on Tuesday.

The government is now examining the possibility of selling its entire stakes in the Athens and Thessaloniki water and sewage companies, EYDAP and EYATH, according to a decision by

Parliament’s approval early Monday of the terms of a new bailout for Greece appeared to have paved the way for Athens to receive more loans from the eurozone and the International

More than 40 MPs have been ousted from their parties following this morning’s vote to approve the EU-IMF deal.

Greek MPs have voted in favour of a joint European Union/IMF bailout deal this morning.

Eurozone finance ministers say bluntly that the only way Greece can avoid bankruptcy is through a new dose of crippling austerity measures.