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Politics

Cyprus, Greece Want EU Backing On EEZ

After meeting new Cypriot President Nicos Anastasiades in Athens, Greek Prime Minister Antonis Samaras has called on the European Union to support Exclusive Economic Zones (EEZs) that would protect the two countries interest in oil and gas exploration in...

Greek State Budget Deficit Widens

Despite big hikes in taxes, Greece΄s state budget deficit widened sharply in the first two months of the year as steeper spending cuts failed to offset a shortfall in revenues, but the figures were in line with the government΄s...

Water Utility CEO Named Privatization Chief

Moving quickly to fill the critical seat of the country's privatization board after its former chief quit following being charged with breach of duty as Chief Executive of the state utility PPC, the Greek government on March 11 named...

Evagelinou Wins MP Seat In Perth

Eleni Evangel (Helen Parisi-Evagelinou) managed to win the seat of Perth from the Labor party representing the Liberal party in the Parliament of Western Australia, after state elections on March 9. Evagelinou, who has also an academic and educational...

Cyprus Wants Greece To Pay For Bailout

New Cypriot President Nicos Anastasiades of Cyprus, during a vist to Athens on March 11, will reportedly ask Greek Prime Minister Antonis Samaras to fork over 2 billion euros ($2.6 billion) from its bank recapitalization funds to help pay...

Anastasiades Wants Greek Bailout Too

Awaiting a 10 billion euros ($13 billion) rescue package from international lenders, new Cypriot President Nicos Anastasiades was in Athens on March 31 looking for another two billion euros ($2.6 billion) in aid despite Greece's crushing economic crisis where...

Greece Denies Turkish Terrorist Report

Reports in the Turkish media that Greece closed down two Kurdish terrorist camps near Athens following talks in Ankara between Prime Minister Antonis Samaras and his counterpart Recep Tayyip Erdogan are baseless, the Greek government said. “The Turkish newspapers’ claims...

Tsochatzopoulos Says Conviction Was Political

As he awaits trial on more serious charges of money-laundering and embezzling as much as one billion euros ($1.3 billion) from contracts he awarded, former Greek defense minister Akis Tsochatzopoulos said that his eight-year jail sentence for failing to...

Greek Bosses Liable For Crisis Suicide Tries

With suicide increasing in Greece during the country's crushing economic crisis - a woman was talked down from a sculpture in Omonia Square during rush hour morning traffic in Athens on March 11 - the Supreme Court has ruled...

Greece, Troika Talks In Stand-Off

Discussions between Greek officials and envoys of international lenders bogged down after the government was reluctant to press for public sector layoffs and over differences in a debt-relief plan for Greeks who can't pay their bills because of harsh...

Athens Mosque Will Cost Greece $1.1M

It will cost the cash-strapped Greek government, which is cutting pay, raising taxes and slashed pensions for workers, pensioners and the poor, some 846,000 euros, about $1.1 million, to build an official mosque in Athens for the city’s Muslim...

High-Level Corruption Sentences Surprise Greeks

Greece's recent crackdown on corruption has led to a life sentence for a former mayor and an eight-year term for a former defence minister. While it's rare in Greece for political leaders and the rich to face prosecution, that...

Hold On … Samaras Readies Greek Shake

After his office issued a blanket denial that he would not reshuffle his Cabinet, Prime Minister Antonis Samaras, the New Democracy Conservative leader, is set to do so and will fire some of his own party members and replace...

Former PPC Officials Quit Over Losses

The head of Greece's privatization fund, Takis Athanasopoulos, and the Finance Ministry's General Secretary Giorgos Mergos resigned on March 9 after former managers of the Public Power Corporation (PPC) were charged with breach of duty for commissioning in...

Samaras Repeats No More Austerity Vow

Greek Prime Minister Antonis Samaras has once again promised austerity-crushed Greeks that he won't impose any more pay cuts, tax hikes and slashed pensions, although international lenders said they could be necessary of the government fails to hit...