Photo of Regency Casino Thessaloniki in Thessaloniki

European Union officials have nothing but praise for the mayor of the Greek city of Thessaloniki. Yiannis Boutaris has been pushing ahead with far-reaching reforms to undo the abuses of his predecessors and has already slashed the city's spending by 30 percent.

Why would Greece accept more pain when unemployment is at 21 percent, the economy is enduring its fifth year of recession and rioters are hurling gasoline bombs in the streets of Athens?

What do Rome's 2020 Olympic bid, Portugal's Shrove Tuesday carnival, Greece's sunlight, Ireland's National Stud, Spain's national lottery and Britain's national air traffic control service have in common? Answer: they are all being either sold or cancelled by European governments desperate to whip their public finances back into shape after a decade of living beyond their means.

Jean-Claude Juncker, the head of the Eurogroup, warned Greece through an interview to a German magazine that it will either comply with its creditors’ requirements or default, as it should not expect any additional support from its peers.

LAS VEGAS, Feb. 8, 2012 /PRNewswire/ -- New America Energy Corp. (OTC: NECA.OB - News) New America Energy or (the "Company") is pleased to announce the appointment of Mr. Alexandros Tsingos to the Board ...

European soccer clubs failed to pay or deferred about 100 million euros ($130 million) in player transfer fees last year because of cash flow problems, according to an official from the continent’s governing body.

Of all the Jewish communities destroyed by the Nazis during the Holocaust, the Greek city of Thessal

THESSALONIKI, Greece - Farmers protesting the low prices they get for their potatoes handed over 12 tons to an eager public in this northern Greek town.

Greek lawmakers approved a new round of drastic austerity measures late Sunday after a long day of street battles between police and protesters left dozens injured and Athens buildings ablaze.

Financial markets rose on Monday after Greek lawmakers approved radical budget cuts to secure fresh aid and avoid bankruptcy after a day of street battles left dozens injured and buildings ablaze.