Latest Greece government News

Greece gets nod from creditors to ease bailout-era taxes

Jul. 18, 2019 11:26 AM EDT

ATHENS, Greece (AP) — Senior officials from Greece's creditor institutions are meeting in Athens with the country's new conservative government, which is planning to begin dismantling bailout-era taxes next month. Representatives of the European Commission, European Central Bank, the International Monetary...

New Greek PM calls bond auction "vote of confidence"

Jul. 16, 2019 2:46 PM EDT

ATHENS, Greece (AP) — Greece launched a 7-year bond auction Tuesday, the country's third effort this year to raise money from international markets while improved borrowing rates provide an advantage. The auction aimed at raising 2.5 billion euros ($2.8 billion) followed 5-year and 10-year bond issues...

New Greek PM Mitsotakis says tax cuts to be legislated

Jul. 10, 2019 9:54 AM EDT

ATHENS, Greece (AP) — Greece's new prime minister, Kyriakos Mitsotakis, vowed Wednesday to make government more efficient and to legislate for tax cuts later this month despite concerns raised by the country's creditors over economic promises made during the election campaign. Although Greece no longer...

Greece's new finance minister to push ahead with tax cuts

Jul. 9, 2019 12:35 PM EDT

ATHENS, Greece (AP) — Greece's new government will press ahead with tax cuts for households and businesses despite skepticism from creditors, the country's finance minister said Tuesday after he and his Cabinet colleagues were sworn in. Christos Staikouras' comments during a handover ceremony at the...

Greece creditors say no changes in bailout terms for new PM

Jul. 8, 2019 5:17 PM EDT

ATHENS, Greece (AP) — Greece's bailout creditors on Monday bluntly rejected calls from the country's new conservative government to ease draconian budget conditions agreed as part of its rescue program. Conservative party leader Kyriakos Mitsotakis was sworn in as Greece's new prime minister Monday, a day...

The Latest: Euro ministers reject new Greek PM's appeal

Jul. 8, 2019 4:47 PM EDT

ATHENS, Greece (AP) — The Latest on Greece's election of a new government (all times local): 11:20 p.m. Greece's bailout creditors have rejected a call by the country's new government to ease strict budget targets that were agreed to after Athens received billions in rescue loans. Eurogroup President Mario...

Greece: Extreme right party seeks recount after poll flop

Jul. 8, 2019 10:22 AM EDT

ATHENS, Greece (AP) — Greece's far-right Golden Dawn party said Monday it is planning to challenge a general election result that saw it fail to get enough for support to be represented in Parliament, a big reversal for a party that had risen to third place at the height of the country's financial crisis...

Far-right Greek party crashes out of Parliament

Jul. 7, 2019 10:19 PM EDT

ATHENS, Greece (AP) — Golden Dawn, the far-right, anti-immigrant party that had shocked Greek politics by evolving from a marginal, violent neo-Nazi group into Greece's third-largest party during the country's economic crisis, was knocked out of Parliament in Sunday's national election. With nearly 95...

The Latest: Greece's left-wing leader concedes election

Jul. 7, 2019 9:31 PM EDT

ATHENS, Greece (AP) — The Latest on Greece's parliamentary election (all times local): 9:35 p.m. Greek Prime Minister Alexis Tsipras has conceded his country's parliamentary election and said he phoned conservative opposition leader Kyriakos Mitsotakis to congratulate him on his victory. Official results...

Conservative party wins Greek election, ousts left-wing PM

Jul. 7, 2019 7:47 PM EDT

ATHENS, Greece (AP) — Conservative opposition leader Kyriakos Mitsotakis comfortably won Greece's parliamentary elections Sunday, delivering a stinging blow to leftist Prime Minister Alexis Tsipras after a tumultuous four years in office as the country struggled through a crippling financial crisis. With...