Politics
Culture
Andreas Papandreou: Client of the State
The unraveling of Greece didn't begin with the start of a five-year recession in 2007 that is heading into its sixth year, nor the crushing austerity measures that started in 2010 when then Prime Minister George Papandreou went hat-in-hand...
Business
Success Stories Made in Greece
Theodoros Skylakakis, a Greek Member of the European Parliament from the Alliance of Liberal and Democrats (ALDE) hosted a conference on Success Stories Made in Greece to show there's more than a crisis going on in the country. It...
Economy
Samaras Says 2013 Year Greece Recovers
Greek Prime Minister Antonis Samaras told the annual conference of the American-Hellenic Chamber of Commerce (AMCHAM) that wildly unpopular austerity measures that have triggered waves of protests, strikes and riots, and a new debt and loan deal with international...
Canada
Golden Dawn’s Montreal X-mas: Greeks Only
Canadian Broadcasting Corporation, Canada’s national public radio and television broadcaster, released a large report on Golden Dawn’s chapter in Montreal. The report focuses on the right-wing extremist party’s racist and xenophobic policy in Montreal.
Golden Dawn is preparing a food...
Economy
Fiscal Crisis Worsens Greek Corruption
Greece’s crushing financial crisis, and punishing austerity measures are making corruption worse in the country, with more people driven to tax evasion and to other ways of trying to survive, the annual graft ranking of Transparency International has found.
Greece...
Economy
Financier Says Margaret Papandreou Not On Bank List
A Greek-Israeli businessman has joined former Prime Minister George Papandreou, and the former Premier’s mother, Margaret, in denying Greek media reports that she was linked to a list of 2,059 Greeks with $1.95 billion in accounts in a Swiss...
Economy
Samaras Rules Out Top Tax Rate on Middle Incomes
Greek Prime Minister Antonis Samaras on Tuesday dismissed talk his government would slap a top tax rate on middle incomes in an effort to bridge a rift in his ruling coalition over a tax reform bill demanded by the...
Economy
Unpaid, 4,000 Greek Pharmacies May Close
Greek pharmacies, who are months – or years – behind in receiving government payments for state insurance programs are in such bad shape that nearly 40 percent, or some 4,000, are on the verge of closing, according to a...
Business
Bank of Greece Sees Recovery Coming
Although crushing austerity measures have hurt workers, pensioners and the poor across the board and Greece is struggling to get out from under a mountain of $430 billion in debt, the Bank of Greece nonetheless expects the economy will...
Greece
Bomb Blast Outside Golden Dawn Office
A bomb planted outside the office of the far-right Golden Dawn party outside Athens destroyed part of the building but no one was injured in the early morning blast on Dec. 4, police said.
The explosion, caused by a home-made...
Economy
Schaeuble Says Greek Debt Out of Control
German Finance Minister Wolfgang Schaeuble has sent a letter to the President of the German Parliament in which he stated that Greek debt will be higher than estimated in a recent Eurozone meeting that agreed to release 44 billion...
Economy
Venizelos Casts Loverdos Out of PASOK
With his party sinking fast for unrelenting support for austerity measures that are antithetical to its founding principles, PASOK Socialist leader Evangelos Venizelos ejected former minister Andreas Loverdos for trying to start a new movement.
Venizelos moved swiftly to boot...
Economy
Greece Will Buy Back 10B Euros in Bonds
Greece is planning to spend 10 billion euros ($13 billion) to buy back bonds issued earlier this year in an attempt to cut its debt and trigger the release of 43.4 billion euros ($56.7 billion) from international lenders.
The bond...
Greece
Greek Generals Fired Over PKK Book Airing
Greek Defense Minister Panos Panayotopulos has discharged the head of the War Museum and three other generals following the presentation of a book by Murat Karayilan, a senior member of the Kurdistan Workers’ Party (PKK) which is listed as...
Economy
Papandreou Denies Mother On Swiss Bank List
Former Greek Prime Minister George Papandreou and his mother have denied reports in the Greek media that she's behind the name of a civil servant with 550 million euros ($714 million) in deposits in a Swiss bank, with the...