• Leader of Syriza left-wing party Alexis Tsipras speaks to his supporters outside Athens University Headquarters, Sunday, Jan. 25, 2015.
    Last update: 15:54 21.12.2015
    15:54 21.12.2015

    Greek Syriza Sweeps Elections Amid Bailout Standoff With EU

    The outgoing year was marked by a historic standoff between Greece’s new anti-austerity government and the country’s European lenders over its huge debt that put it on the brink of a euro exit.

    Year in Review: Highlights of 2015
  • Leader of left-wing Syriza party and former Prime Minister Alexis Tsipras casts his vote at a polling station in Athens, Sunday, Sept. 20, 2015
    Last update: 06:41 08.12.2015
    06:41 08.12.2015

    Greece's Tsipras Says Sees No Need for Holding Early Elections

    Greek Prime Minister Alexis Tsipras considers the current government to be stable, and does not consider it necessary to conduct early elections or invite other parties to the cabinet.

    Syriza Party Wins Greek Snap Parliamentary Elections
  • Policemen detain a farmer during an anti-government protest at central Syntagma square in Athens
    Last update: 17:57 18.11.2015
    17:57 18.11.2015

    Greek Police Use Tear Gas Against Farmers Protesting in Athens

    Greek police used tear gas to disperse farmers that gathered in front of the parliament in Athens on Wednesday to express protest against upcoming legislation changes, including strong rises in taxes and pension funds' reform, Greek media reported.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • German Chancellor Angela Merkel (R) and Greek Prime Minister Alexis Tsipras hold their earpieces as they address a press conference following talks at the chancellery in Berlin, on March 23, 2015
    Last update: 07:21 13.11.2015
    07:21 13.11.2015

    Greece Makes Progress in Talks With Lenders Awaiting New Aid Tranche

    Greece could reach an agreement with its creditors on the remaining disputed issues by Saturday, securing the release of more financial aid, the Naftemporiki newspaper reports citing the country’s Government Council for Economic Policy.

    Financial crisis in Greece
  • Greek Prime Minister Alexis Tsipras attends the first meeting of the new cabinet in the parliament building in Athens, Greece September 25, 2015
    Last update: 01:40 17.10.2015
    01:40 17.10.2015

    Greek Parliament Votes in Favor of Reforms Needed to Secure More Aid

    The Greek parliament has voted in favor of a number of measures, including pension cuts, demanded by the country’s lenders under the third bailout package.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • A worker cleans graffiti outside the central Bank of Greece building in Athens, Greece, July 7, 2015
    Last update: 02:28 15.10.2015
    02:28 15.10.2015

    Greek Farmers Plan Protests Against Tax Hikes

    Greek farmers are planning to take their tractors onto the roads in protest against tax increases that Greece has agreed to in exchange for a third bailout package from its lenders.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • The European Central Bank (ECB) president Mario Draghi
    Last update: 12:46 11.10.2015
    12:46 11.10.2015

    ECB President Calls For Greek Debt Relief, Austerity Reforms Implementation

    The European Central Bank (ECB) President Mario Draghi called Sunday for the Greek debt relief and the implementation of the austerity reforms as stipulated in Athens’ third bailout package from its European creditors.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Greek Foreign Minister Nikos Kotzias
    Last update: 00:38 30.09.2015
    00:38 30.09.2015

    Greek FM Invites Russia's Lavrov to Visit Athens During 2016 Cross-Year

    Greek Foreign Minister Nikos Kotzias invited his Russian counterpart Sergei Lavrov to visit Athens during the cross-year in 2016.

    Syriza Party Wins Greek Snap Parliamentary Elections
  • Statue of ancient Greek warrior
    Last update: 15:29 29.09.2015
    15:29 29.09.2015

    Troika Tackling Ancient Greek Ritual of Tax Avoidance

    It appears the Troika are trying to tackle an almost ancient ritual of tax avoidance in Greece. When the country was occupied by the Ottomans, tax avoidance was seen as a form of patriotism. Today, some politicians see it as a "national sport".

    Greece's Gordian Knot: Syriza Tackles Austerity
  • A Greek man
    Last update: 15:24 24.09.2015
    15:24 24.09.2015

    From Austerity to Insanity: What’s in Store for Greece

    From economic meltdown to refugee crisis, Greece has hardly been out of the headlines since the beginning of the year and now the spotlight is back on the Prime Minister Alexis Tsipras.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Italian Prime Minister Matteo Renzi, center, speaks with Greek Prime Minister Alexis Tsipras, left, and German Chancellor Angela Merkel
    Last update: 19:12 18.09.2015
    19:12 18.09.2015

    From Bully to Big Heart, Angela Merkel’s Euro Re-Brand

    Within the space of a few months, German Chancellor Angela Merkel has swapped her status as economic villain and EU bully to "Merkel saves the day" with #RefugeesWelcome trending on twitter. It seems European Union members have a short memory.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Supporters of conservative New Democracy party shout slogans before the pre-election speech by party's leader Evangelos Meimarakis at Omonia square in Athens, Sept. 17, 2015.
    Last update: 18:24 18.09.2015
    18:24 18.09.2015

    Greece Poised for Panic as Election Goes to the Wire

    Analysts are predicting jitters in the banking system as Greece goes to the polls this Sunday to elect another government which is forecast to be a close finish, with both major parties threatening not to form a coalition.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • A tourist passes a graffiti in the Plaka tourist district of Athens, Greece
    Last update: 11:15 10.09.2015
    11:15 10.09.2015

    Popular Unity Party to Push for Grexit as Euro 'Killing Greece', Fight Privatization

    Greece's Popular Unity party plans to hold a referendum on exiting the Eurozone. If elected to parliament next week, it will try to stop the privatization of public assets.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Greek national flags are displayed for sale at the entrance of a one Euro shop in Athens
    Last update: 14:51 09.09.2015
    14:51 09.09.2015
  • Greek national flags are displayed for sale at the entrance of a one Euro shop in Athens
    Last update: 17:02 07.09.2015
    17:02 07.09.2015

    Tsipras Calls on Greece to Respect Terms of Third Bailout Agreement

    The former prime minister said that no other government could have signed a better deal with creditors.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Greece
    Last update: 16:27 07.09.2015
    16:27 07.09.2015

    Gordian Knot: Greeks Dislike Euro but Want to Stay in EU

    A majority of Greeks believe that the country’s transition from the Greek drachma to the euro has harmed the Greek economy, a new Gallup poll said Monday.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • People make their way in central Syntagma Square as the parliament building is pictured in the background in Athens
    Last update: 11:15 01.09.2015
    11:15 01.09.2015

    Cooperation With EEU Most Advantageous for Greek Economy - Business Council

    Greece has promising future if it cooperates with the Eurasian Economic Union, President of the Greek-Eurasian Business Council Spyros Kouvelis told Sputnik. He explained that Greece is facing a prolonged period of low economic development due to the bailout programs signed with its creditors.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • A pedestrian walks through empty streets by a mural in Athens, Greece
    Last update: 16:57 30.08.2015
    16:57 30.08.2015

    Greeks Should 'Put Hands Deeply in Their Pockets' to Pay $27.6 Bln Taxes

    On August 14, following months of negotiations, the Eurogroup approved a third bailout package for debt-ridden Greece, worth 86 billion euro ($96 billion at current exchange rate), requiring additional reforms and austerity measures in return.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Total debt cancellation for Greece has never been considered, International Monetary Fund (IMF) chief Christine Lagarde said Saturday.
    Last update: 16:32 29.08.2015
    16:32 29.08.2015

    Lagarde: Debt Cancellation for Greece Was Never Discussed

    The IMF chief reaffirmed her commitment to helping Greece overcome its crisis but said that no debate on the debt cancellation had been initiated.

    Greece's Gordian Knot: Syriza Tackles Austerity
  • Greek Prime Minister Alexis Tsipras arrives at his office in Athens just after flying in from Brussels on July 13, 2015.
    Last update: 18:27 25.08.2015
    18:27 25.08.2015

    Varoufakis Describes Tsipras’s Agreement With Creditors As 'Mistake'

    Former Greek finance minister Yanis Varoufakis described Alexis Tsipras' decision to accept the bailout conditions as a mistake.

    Greece's Gordian Knot: Syriza Tackles Austerity