Lucas Papademos

Greece's planned May election could cause impasse

WorldGeorge Georgiopoulos, Harry Papachristou | 2012-04-11 18:06:00

Greece will call a snap election for next month on Wednesday, opening a campaign that may produce no clear result and threaten implementation of...

Greece makes peace with bailout pledges

BusinessStaff Reporter | 2012-02-10 08:32:00

European finance ministers are piling the pressure on Greece to make good on pledges to slash public spending to the bone before closing a deal on...

Greek prime minister optimistic of eurozone compromise

BusinessStaff Reporter | 2012-02-09 07:33:00

Greek coalition leaders failed to reach a deal on austerity cuts early on Thursday but Prime Minister Lucas Papademos remained hopeful of an...

MPs in standoff over severe cuts

NewsPhillip Inman | 2012-02-03 00:00:00

Greek officials this week launched a vociferous behind-the-scenes attack on European Union and International Monetary Fund negotiators as talks in...

Greece's euro ultimatum

AfricaHeather Stewart | 2012-01-06 00:00:00

The Greek government stepped up the pressure on its eurozone paymasters this week, warning that unless a new bailout for the recession-hit country...

Greece aims to create 150 000 new jobs

BusinessStaff Reporter | 2011-12-29 12:23:00

Greece's interim coalition government pledged on Wednesday to create 150 000 new jobs in the first quarter of 2012 and boost welfare programs,...

Greece's Papademos enjoys support of coalition partners

BusinessStaff Reporter | 2011-11-26 16:07:00

The leader of the Greek far-right nationalist party Laos said on Saturday he would support newly-appointed Prime Minister Lucas Papademos until the...

Greece looks to Brussels for much-needed funding

BusinessLefteris Papadimas, Michael Winfrey | 2011-11-20 18:18:00

Greece's new prime minister headed to Brussels on Sunday to fight for the aid Athens needs to avoid bankruptcy, even as one of his coalition...

Greek conservatives reject signing reform pledge

BusinessStaff Reporter | 2011-11-19 15:25:00

A major conservative party in Greece's new unity government has refused, in talks with EU and IMF officials, to drop its opposition to signing...

Greece could lose €52bn in unpaid taxes

BusinessStaff Reporter | 2011-11-17 20:23:00

Greece stands to lose €52-billion in unpaid taxes and is set to raise a mere €1.3-billion out of a €5-billion target for privatisation...

Occupy Wall Street protesters clash with police

WorldStaff Reporter | 2011-11-17 19:23:00

Occupy Wall Street activists on Thursday clashed with workers and police outside the New York Stock Exchange on the movement's two-month anniversary, in a brazen manifestation of their symbolic anti-capitalist push....

Greece PM to begin rescue mission ahead of confidence vote

BusinessBen Harding, Harry Papachristou | 2011-11-13 18:12:00

Greece's new prime minister Lucas Papademos will seek to take advantage of a rare political truce on Monday to push through austerity and radical...

Client Media Releases