Politics
Economy
Venizelos Tries to Quash PASOK Mutiny
PASOK Socialist leader Evangelos Venizelos is struggling to keep his party from breaking apart after 17 of his Members of Parliament defied him and voted against a privatization plan demanded by international lenders.
PASOK has 33 Members of Parliament, including...
Economy
Despite Austerity, Greek Debt Pile Grows
Despite more than 2 ½ years of pay cuts, tax hikes and slashed pensions – and a pending $17.45 billion spending cut and tax hike plan demanded by international lenders in return for bailouts, Greece’s debt and deficit are...
Economy
Greek Lawmakers OK Privatization, No to Fund Mergers
As Prime Minister Antonis Samaras’ hopes of pushing a $17.45 billion spending cut and tax hike plan remained stalled, the Greek Parliament has approved a privatization bill but balked at merging health care funds, including one for journalists, who...
Economy
Vaxevanis Says Rich Elite Rules Greece
As he faces trial on charges of violating privacy laws for publishing a list of 2,059 Greeks with $1.95 billion in deposits in a Swiss bank who were never checked for possible tax evasion, investigative journalist Costas Vaxevanis has...
Economy
Troika Not Discussing Greek Haircut
Greece's international lenders are not currently discussing the possibility of another debt restructuring, or "haircut", for the country, the coordinator for the euro zone's finance ministers said today. The ministers will hold a conference call on Wednesday to discuss...
Greece
Media Protest Government Censorship
Media outlets in Greece plan a 24-hour general strike on Wednesday (31 October) in response to deteriorating press freedoms and cuts in social security and labour rights.
Greek Finance Minister Yannis Stournaras filed an amendment that could also undermine a...
Economy
Greece Arrests Another Journalist, For Libel
Continuing a crackdown on journalists revealing embarrassing information or questioning its policies, the Greek government arrested a television journalist after midnight on Oct. 31 after he threatened to expose more damaging allegations about the country's economy as Prime Minister...
Greece
Independent Greeks Want 6 from Diaspora on Ballot
Independent Greek leader Panos Kammenos has suggested that six Greeks from the Diaspora should be on the ballot for the next national elections. He made the recommendation after meeting on Oct. 30 with the Vice-President of the World Council...
Greece
Greece Yanks TV Show for Criticizing Minister
Continuing a crackdown on journalists attacking government policies, Greece has pulled a popular morning news show off the state-run network that is funded with mandatory contributions from taxpayers after the program’s presenters asked if a government minister would resign...
Economy
Samaras Says Deal With Troika Done
Greek Prime Minister Antonis Samaras said on Oct. 30 that his administration has concluded negotiations with international lenders on a $17.45 billion spending cut and tax hike plan that would go to Parliament almost immediately, although one of his...
Economy
German, French Finance Minister Push for Greek Solution in November
France and Germany will strive over the next four weeks to stop Greece from unsettling markets as officials work to put the country’s faltering bailout plan back on the rails, French Finance Minister Pierre Moscovici said.
Moscovici made his comments...
Business
SYRIZA MEP Chountis Says Siemens Deals Wrong
Nikos Chountis, a Member of the European Parliament for the Coalition of the Radical Left (SYRIZA) party, raised the issue of the Siemens scandal of Greece before the European Parliament and said the government had been too cozy...
Economy
Greek Lawyers Says Vaxevanis Unfairly Prosecuted
The board of the Athens Bar Association (ABA) said it was surprised that a Greek investigative journalist was prosecuted on violation of privacy laws a day after he released a list of 2,059 Greeks with $1.95 in deposits in...
Greece
A Plan Greece Can Afford to Serve Greeks Abroad Better
At a time when Greece needs the Diaspora more than ever, the Greek government - under pressure to cut expenses by its international lenders - will be closing six embassies and two consulates around the world instead of spreading...
Economy
Socialists Signal they will Back Austerity Cuts
Greece's PASOK party on Monday gave its strongest hint yet that it intends to provide the support the government needs to get cuts demanded by foreign lenders approved in parliament.
Athens has been locked for months in talks with its...