Greek government-debt crisis

New Greek FM Kotzias promises to be household name like Tsipras

It has been a week since last Sunday's electoral victory of the leftist Syriza in Greece. Yet the international media, including Turkey, are still trying to assess and analyze the policies and strategies of the new government. Greece's economic problems are naturally at the center of everybody's concern. 

Greek FinMin Dismisses Further Negotiations with Troika

The new Greek Finance Minister Yanis Varoufakis announced on Friday that his government was not willing to continue negotiations with the troika of international creditors.

Varoufakis made this statement during a news conference following a meeting with the President of the Eurogroup Jeroen Dijsselbloem in Athens, daily Kathimerini reports.

Greeks in high spirits despite Sisyphean task lying in wait

"I could not have expected this. That little boy! And now, he is the leader of Greece!" The old man struggled to hold back his tears, in vain. He had to wipe his eyes with his hand.  Over forty close and distant relatives carrying the same surname as the new prime minister of Greece live in the village of Athamanio, eight hundred meters up on the Tzoumerka Mountains in the Epirus region.

EP's Schulz Criticises Tsipras of Splitting Common EU Stance on Russia

European Parliament (EP) President Martin Schulz criticised on Wednesday the newly-elected Greek Prime Minister Alexis Tsipras of splitting the common European Union (EU) stance on Russia.

Tsipras's radical left party SYRIZA won the early parliamentary elections in Greece on Sunday and established a coalition government with the right-wing Independent Greeks.