Greece New Austerity Cuts Demanded

Greek unions planned protests in Athens and other cities on Thursday over the prospect of new austerity cuts demanded by the country's international creditors.

Greece's deputy labor minister has resigned to protest demanded new austerity measures.

Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital euro 130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists and the conservatives will allow alternative cuts to those rejected early Thursday during a mee...

Greece's coalition government on Monday 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.

Greek unions planned protests in Athens and other cities on Thursday over the prospect of new austerity cuts demanded by the country's international creditors.

Greece's deputy labor minister has resigned to protest demanded new austerity measures.

Greek Prime Minister Lucas Papademos and his coalition partners have struck a deal on new cuts demanded by creditors to secure a vital euro 130 billion bailout. A spokeswoman for the prime minister's office says the agreement with the majority Socialists and the conservatives will allow alternative cuts to those rejected early Thursday during a mee...

Greece's coalition government on Monday 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.