GREECE - Embassy Directory USA

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Greece caves in on civil service firings

Greece's coalition government caved in to demands to cut civil service jobs, announcing 15,000 positions would go this year, amid mounting international pressure to agree on austerity measures needed to secure major new debt agreements.

Greece, Trioka Work on Final Rescue Draft

Greece 's government and internationalcreditors are working on the final draft of an agreement onbudget and structural measures needed to free up a second aidpackage, a Greek official said. The document ...

Greece's Dithering Is Hurting Everyone

Fears that Greece won't accept a new bailout deal are having a chilling ripple effect from Greece to Western Europe to the United States. Political leaders of the debt-ridden country have yet to accept deeply unpopular reductions in public wages and other actions linked to a bailout from the European Union and the International Monetary Fund. With only weeks left until the country defaults ...

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