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Politics

Chinese Ambassador to Greece Visits Crete

Chinese Ambassador to Greece, Du Qiwen has travelled with his wife to Crete in order to pay tribute to the major Greek author Nikos Kazantzakis by laying a wreath on the latter’s tombstone and visiting the Nikos Kazantzakis Museum. In...

Govt Spokesman: Greece Will Leave Euro if Second Bailout Fails

Greece will have to leave the eurozone if it fails to clinch a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday. It was an unusually public stark warning from the...

Greek Prosecutor Charges Customs Officials in Tax Case

ATHENS – With pressure mounting on Greece to go after tax evaders and an embarrassing turnaround for the government after two top prosecutors going after tax cheats first resigned over what they said was political interference only to quickly...

Samaras Says Elections Should Be Held by Mid-April

The leader of Greece's conservative New Democracy party, which participates in the country's coalition government, said elections should be held before mid-April. The statement comes during a disagreement with the Socialists on when the country should go to the polls. In...

Provopoulos Says Return to Drachma Would Be Hell

Greece would suffer disastrous consequences if it ditched the euro for the drachma, the country's central banker said in a newspaper interview, warning that such a move would result in a massive devaluation. "A return to the drachma would mean...

Economic Prosecutors Peponis and Mouzakitis Remain in Position Until Further Notice

Prosecutors heading the judicial task force charged with fighting tax evasion, Grigoris Peponis and Spiros Mouzakitis have been called by the supervising economic prosecutor Nikolas Pantelis at Areios Pagos earlier today. The two men submitted a memorandum to deputy prosecutor...

11 Reasons Why Greece Really Went Broke in 2011

ATHENS – Unless you were rich, a business executive, a celebrity, or among the few privileged elite who run the country and for whom every year is a banner year of profiteering, 2011 was the worst year for most...

Cyprus Says Turkey is a Destabilizing Factor in the Region

President of the House of Representatives of the Republic of Cyprus, Yiannakis Omirou stated after visiting the “Michalakis Parides” military camp that Turkey is a real threat against the Hellenism of Cyprus, adding that the EU and the international...

Russian Patriarch Asks Greek President to Release Abbot Efraim

Patriarch of Moscow and all Russia Kirill asked from the Greek President Karolos Papoulias to intervene and release Archimandrite Ephraim, superior of the Mount Athos Vatopedi Monastery, since he is no threat to the public and is willing to...

Papandreou Commits to Reconvening Political Council on January 4th

Despite some calls for a meeting of PASOK’s national council to be called so the process of electing a new leader could begin, Papandreou only committed to reconvening the political council in January. PASOK heavyweights put pressure on party chief...

Greece’s Tax Evasion Prosecutors Quit, Blame Political Interference

ATHENS – As Greece continues to bury its workers, pensioners and poor with waves of taxes to keep the country from going bankrupt, the two prosecutors in charge of going after tax cheats costing the country more than $60...

Greek Christmas Sales Crash, More Stores Set to Close

ATHENS – Hopes by retailers that cash-starved Greek would open their wallets and spend what’s left after an avalanche of pay cuts, tax hikes, slashed pensions and scores of thousands of layoffs as the country tries to stave off...

Yilmaz Denies Greece Forest Fire Report

A former Turkish prime minister is denying that he alleged that government agents set forest fires in Greece, Turkey's traditional foe, in the early 1990s. The Turkish newspaper Birgun reported that Mesut Yilmaz referred in an interview last week to...

Economides’ Greece: An Old Country Needs a Brand New Name

ATHENS – Ten years ago, Peter Economides, a marketing strategist who helped re-launch a dying Apple computer company into the world’s second-largest business, left New York, came to visit Greece, stayed at a hotel on Athens’ southern coast, saw...

Greece Requests Turkey Clarifications Over Mesut Yilmaz's Remarks on Forest Fires

Greece requested clarifications from Turkey on Monday regarding former Turkish Prime Minister Mesut Yilmaz's statements over a "Turkish link" to devastating forest fires in Greece in the past. "The Greek side awaits to be informed on the matter by the...