Police and protesters clash in the Greece capital Athens during a demonstration against European Union after the country officially launched its six-month presidency of the bloc. On Wednesday, the protesters clashed with riot police as they were denied to march to the Parliament. The protesters burned the European Union flag to show anger against the bloc, which they blame for the tough austerity... 

Greek farmers have taken to the streets of Athens to protest a controversial property tax demanded by the country’s international creditors, Press TV reports. Several hundred farmers marched through the capital on Friday towards the parliament building in Syntagma Square, carrying banners reading “Not one euro for the fields.” The demonstrators threw oranges at riot police who hindered them... 

More than 10,000 Greek workers have taken to the streets in the capital to protest against the government’s austerity measures, as inspectors of the troika of international lenders are in Athens to review the country’s bailout. Some 12,000 people participated in two separate marches to parliament on Wednesday in Athens. Similar protests were also held in the country’s second largest city,... 

Newly-released figures show that Italy’s economy is expected to shrink more than expected in 2013, continuing the country’s longest recession since the World War II. A report by Italy’s National Institute for Statistics (Istat) said on Monday that the country’s gross domestic product (GDP) will contract by 1.8 percent compared to a previous estimate of 1.7 percent contraction. Istat... 

A court in Greece has sentenced former defense minister, Akis Tsochatzopoulos, to 20 years in prison for money laundering. The court found Tsochatzopoulos and 16 of his co-defendants guilty in a six-million money laundering case that has become emblematic of political corruption in the European country. Akis Tsochatzopoulos, 73, a founding member of the socialist Pasok party and a leading figure on... 

Members of a Greek trade union demonstrate in Athens on February 20, 2013. Thousands of communist-backed labor union activists and their supporters have staged an anti-austerity demonstration in the Greek capital Athens. The protesters took to the streets in central Athens on Saturday and called on the government to stop the new round of cuts and measures that will slash pensions, salaries and introduce... 

Europe plunged into financial crisis in early 2008. Official data show the collective debt in the eurozone has hit a new record high of 92.2 percent in first quarter of 2013, as the 17-nation bloc continues to grapple with a worsening financial crisis. The data released by Eurostat, the EU’s statistics office, on Monday showed that government debt as a share of the total annual GDP of the eurozone...