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Politics

Stournaras: 500 million euros Should Come From Social Security Funds

The Greek Finance Minister Yiannis Stournaras opened the discussion for new measures saying that next year the government will seek an additional 500 million euros in budget cuts from social security funds. In an interview with Greek newspaper “Ta Nea”...

Banks Want a Perky Stock Exchange

Intense skepticism prevails in the government’s economic team. The developments in the banking sector are not expected to be favorable and the Finance Ministry is already looking for the tanks to raise the funds needed in order to make...

Samaras and Venizelos Agree on Government Policy Platform

Greek Prime Minister and leader of the New Democracy (ND) party Antonis Samaras and Government Vice President and PASOK leader Evangelos Venizelos agreed on Wednesday on a policy platform of the two government coalition partners. According to the text, which...

The Hellenic Federation of Journalists Appeals to EU Parliament

The Hellenic Federation of Journalists has decided to appeal to the Commission of European Parliament because of the closure of Hellenic Broadcasting Corporation (ERT) and the amendment enactment which extend the transitional regime of Public Television. Federation has sent letter...

Samaras Pushes EU on Illegal Immigration and Jobs for Youth

Arriving at a meeting of European Union leaders in Brussels, Prime Minister Antonis Samaras said he would "push" for solutions to the problems of illegal immigration and youth unemployment. As he said to reporters "We're here to push for more...

Law Amendments About Mass Dismissals

The Deputy Minister of Labor Vasilis Kegeroglou referred in Parliament to the legislation concerning mass layoffs. According to the newspaper "TA NEA" he states: " The current legislative framework is outdated and that real protection is only available when the...

Greek Prime Minister in Brussels to Attend EU Summit

Greek Prime Minister Antonis Samaras is leaving Greece on Thursday for Brussels to attend the EU Summit. The European leaders will meet on Thursday and Friday in the Belgian capital to discuss the social dimension and the problem of unemployment...

Stournaras: Supervision For All European Countries

Yannis Stournaras, the Greek Minister of Finance stated that the statement of Olli Rehn, regarding a stronger supervision in Greece, is concerning all the European countries. He also said that Olli Rehn’s reaction is normal. According to the European...

Greek President in Thessaloniki for Triple Celebrations

Greek President Karolos Papoulias is going to attend the celebrations on the 28th of October in Thessaloniki. The liberation of the city, as well as the city’s patron St. Dimitrios are also celebrated on the same day. On Saturday President...

Samaras and Venizelos Say "No" to Horizontal Measures

During their meeting, the Greek Prime Minister, Samaras and the vice-president of the government, Venizelos, resulted in a programmatic agreement. The text, among others, states that the stability of the government and the completion of four years in office are...

Ministry of Finance Adjusts New Real Estate Tax Plans

The Ministry of Finances is supposed to be submitting the new bill for the unified real estate tax. Over the past year, we have heard quite a bit about numerous changes on the subject. According to the law, all real...

Syriza Discourages Investors in Greece

Simos Kedikoglou accused Alexis Tsipras of "threatening" ministers and investors, after the statements of Alexis Tsipras on the privatization of the state-controlled electricity provider, Public Power Corporation (PPC). According to the Capital, Mr. Kedikoglou replied to Mr. Tsipras : "The...

KKE in Favor of Greeks Abroad Voting

KKE, Greece’s Communist Party, is in favor of giving the Greeks of Diaspora the possibility to vote, but it's under certain conditions. This, among others, was the statement of Dimitris Koutsoumpas, the General Secretary of the Communist Party of Greece...

New Cuts and No Pension Before 62

The social security issue is once again on the table after the statements of the Finance Minister Yiannis Stouraras, and of the Labor Minister Yiannis Vroutsis in Parliament. Mr. Vroutsis made clear, that the law will be strictly implemented...

Greek Parliament Suspends Golden Dawn's State Funding

The Greek Parliament approved early Wednesday, an amendment that suspends state funding to any party linked with violence. With 235 votes in favor out of 269 MP's present during the roll call vote, which started shortly before midnight, the...