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Greece Proposes Spending Cuts, but Will They Be Enough?

NEWS ANALYSIS ATHENS -- Greece was heading for bankruptcy last year. It still is today, only now, its chances of fiscal recovery look bleaker, pundits and market analysts predict. The reasons? Half-baked fiscal reforms, shortfalls in revenue and a state debt expected to explode to over 160 percent of its gross domestic...

Greece: Gadhafi Seeking Way Out, but Cease-Fire Must Come First

ATHENS, Greece -- After weeks of civil unrest, fighting and a rising death toll, Libyan leader Moammar Gadhafi is making diplomatic overtures, seeking a way out of the crisis. Abdelati Obeidi, Libya's deputy foreign minister and one of Gadhafi's most trusted aides, flew to Athens over the weekend to push that agenda...

Protests Spike in Greece as Government Weighs Support of Attack on Libya

ATHENS, Greece -- Demonstrators took to the streets of the capital today to protest international air strikes against military assets of Libyan leader Moammar Gadhafi as Greece weighed its support of the allied offensive. Toting anti-war banners and shouting slogans against the bombing raids, hundreds of leftist...

Greek Riot Police Clash With Protesters as Strike Turns Violent

ATHENS, Greece -- In the latest sign of swelling social unrest, Greek riot police clashed with angry demonstrators in Athens today, marring a nationwide protest against continued austerity measures. The clashes sprang from a massive demonstration that drew an estimated 40,000 workers to the streets in the first major...

Greece Set to Evacuate 15,000 Chinese Nationals From Libya

ATHENS, Greece -- Greece said today it was ready to evacuate as many as 15,000 Chinese nationals from Libya amid growing unrest in the North African nation. Foreign Ministry spokesman Grigoris Delavekouras said three Greek commercial ships were en route to Benghazi, Libya's second largest city, to evacuate between 13,000...

Background on george papandreou

Georgios A. Papandreou (, ; born 16 June 1952), commonly anglicised to George and shortened to Γιώργος (Yórgos, ) in Greek, is a Greek politician who served as Prime Minister of Greece following his party's victory in the 2009 legislative election.

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