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Greece assumes European Union presidency

Greece welcomed in the New Year by assuming the presidency of the Council of the European Union for the next six months. Greek Prime Minister Antonis Samaras has stated 2014 will be the year the country exits the bailout agreement.

Greece wins tax reduction from the Troika

Athens - Greece has finally won a concession from the international creditors that dictate fiscal policy. From the beginning of August the VAT applied to the catering trade will be reduced from 23 to 13 per cent, giving a welcome boost to small businesses.

Turkey's PM Erdogan offers to build a mosque in Athens

Athens - Turkish Prime Minister Recep Tayyip Erdogan offered to build a mosque in the Greek capital at Turkey's expense, during a surprise meeting with Greek Prime Minister Anthonis Samaras in Doha.

Qatar to invest up to €1 billion in Greece

Doha - Greek Prime Minister Anthonis Samaras can claim victory from his investment seeking trip to Doha, as Qatar has announced it will invest up to €1 billion in Greece.

Armed attack on Greek Prime Minister's office

A bullet from a Kalashnikov smashed a window of the office of Greek Prime Minister Anthonis Samaras, during an armed attack on the headquarters of New Democracy. Anti-terrorism officers are now investigating leftist guerrilla groups.

Op-Ed: Majority of Greeks expect 2013 to be worse than 2012

As 2013 dawns a new poll shows the majority of Greeks expect this year to be worse than last, as tough new austerity measures and taxes take effect.

Alexis Tsipras predicts Greek elections will be held soon

Alexis Tsipras, leader of SYRIZA, Greece's Coalition of the Radical Left, believes that new elections will be held in Greece soon. He is confident that SYRIZA will oust the current coalition government.

Greek Parliament votes in new austerity measures

Shortly after midnight the Greek Parliament voted in favour of the latest austerity measures that include drastic cuts and new taxes to the tune of €13.5 billion, and comprehensive changes to the labour laws.

Muslim Union of Greece brands Anthonis Samaras a racist

Athens - The head of the Muslim Union of Greece which represents 18,000 members, has branded Greek Prime Minister Antonis Samaras “the biggest racist in Greece." He also sent a warning that migrants are a "ticking time-bomb."

Op-Ed: Troika concerned about cuts to Greece's defense spending

After months of political maneuvering to conjure up austerity cuts of €11.66 billion, the government may find the proposed measures don't win the approval of their Troika masters. The latter are reportedly concerned about cuts to Greek defense spending.

Greece to approve additional €11.66 billion in cuts

Athens - The Greek cabinet met on Friday to approve the latest round of austerity measures that will see further cuts of €11.66 billion. The cuts then need the stamp of approval from Greece's international creditors.

Greek Prime Minister to seek bail-out extension

Athens - Greek Prime Minister Antonis Samaras is to request a two-year extension to the bail-out memorandum when he meets with German Chancellor Angela Merkel later this month.

Greek coalition government bows down to Troika demands

Athens - The deadlock between party leaders in the coalition government over further proposed budget cuts has been broken, as all three leaders reached an agreement to adhere to the demands of the Troika.

Greek government ministers to fly economy class to Brussels

Athens - The latest cost cutting symbolic move by the Greek coalition government is to end all VIP flights. Ministers flying to the summit in Brussels will be shipped off in economy class.

Troika visit to Greece postponed until July

Athen - The Troika's planned visit to Greece on Monday has been delayed until July due to the ill-health of the new Greek prime minister and the new finance minister. Also postponed is the already delayed €5 billion bail-out loan.

Greece: Election promises to stop invasion of illegal immigrants

Athen - The leader of New Democracy, Anthonis Samaras, has promised to stop the "invasion of illegal immigrants" and called for a common European asylum and deportation policy.

Greek party leaders call for a government of national unity

Athens - As the Greek electorate prepare to vote for the second time on June 17, the prospect of a second stalemate looms. Party leaders have called for a government of national unity to prevent confusion and a third election.

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