Politics
Greece
Decision in Abbot Ephraim's Case to be Made on Tuesday
According to Dr. Konstantinos Dokouslis, on Tuesday a medical examination will take place to decide when Abbot Ephraim will be able to be transferred to a hospital in Thessaloniki.
Abbot Ephraim was confined to bed with high fever a few days ago....
Economy
For Many in Greece, 2011 Was the Year Without a Christmas
ATHENS- Christmas this year for many Greeks is no reason to celebrate as they come to the end of a four year of recession and an economic crisis with 17.5 percent unemployment, 500,000 people with no income at all,...
Greece
Conservatives Soften Election Demands
Conservative New Democracy party signalled on Friday it would drop its insistence on holding elections in February, a move that would give Prime Minister Lucas Papademos more time to pass reforms and secure a vital debt restructuring deal.
Shortly afterward...
Greece
Samaras Opposes Postponing Elections
Sources within main opposition party New Democracy asserted on Thursday that ND leader Antonis Samaras will not support any change to the agreements concerning the transitional government's mission and role, including suggestions that the next elections be postponed, a...
Economy
Voridis vs. Venizelos: Arguments Erupt and Things Get Personal
ATHENS – The building tension in Greece’s shaky coalition government boiled over in a Cabinet meeting, when PASOK Socialist Finance Minister Evangelos Venizelos tangled with far Right-Wing LAOS Infrastructure Minister Makis Voridis over proposed changes in laws over the...
Economy
Eleftherotypia Eyes Shutdown, Alter TV Off the Air
ATHENS – The economic crisis is taking a big bite out of Greece’s media, with the unpaid staff of the country’s second-biggest selling newspaper Eleftherotypia launching indefinite 48-hour rolling strikes after news broke that the paper may file for...
Economy
Industrialist Calls for Unity Among Political Leaders
The head of Greece's industrialists' association Thursday called on the country's political parties to quit bickering and press ahead with economic reforms needed to save Greece from bankruptcy and a disorderly exit from the euro.
His remarks come just a...
Economy
Venizelos' Optimism for Swap Dampened
A source from the Institute of International Finance (IIF) has today categorically denied that there should be any reason for optimism as expressed yesterday by Greece's Finance Minister, Evangelos Venizelos, over a framework deal between the Greek government and creditor...
Economy
Pension Battle Cracks the Greek Coalition
ATHENS – Interim Prime Minister Lucas Papademos’ six-week old shaky coalition government is showing signs of splitting over a refusal by the conservative New Democracy partner to cut auxiliary pensions in another cost-cutting scheme to keep Greece from going...
Economy
Papademos to Nail Down Duration of Coalition
Greek Prime Minister Lucas Papademos will hold talks with all three parties in his coalition to nail down a time frame and possible end date for his government after internal divisions have created friction, reports said Wednesday.
"There will be...
Economy
Greece Halts Tax Refunds, Stops Paying Everyone
ATHENS – If a Greek taxpayer has not received a long-delayed tax refund yet, don’t look for a check in the mail: it’s not coming. As austerity measures have failed, resulting in a deep recession, a soaring deficit, and...
Economy
No Holiday for Greek Government: Make or Break Time
ATHENS – As the bad economic news keeps piling up for Greece - retail sales for this year were down 30 percent, and storeowners say people are window shopping but not buying much for Christmas - the shaky coalition...
Economy
Cabinet Meeting To Discuss On Reduction Of Supplementary Pensions
Greek Labour Ministry and Troika postponed the discussion on critical issues of derail of pension funds’ finances and new interventions until January.
Troika’s officials stressed the need to reduce wage costs without changing their view on reducing minimum wage, but...
Economy
Greeks Bracing for Another Round of Tax Hikes
As Greeks struggle through a Christmas season shorn of much of their bonuses, the government is[...]
Greece
Papademos Supported By Majority Of Greeks – Poll
Recently appointed Greek Prime Minister Lucas Papademos enjoys the support of the majority of Greeks with four in 10 saying he should remain at the helm of the country for the next few years, poll results published Sunday show.
According...