Politics
Greece
Jewish Organizations Concerned by Extreme-Right Party in Greek Government
Jewish organizations have expressed concern over an extreme-right anti-Semitic party in the new government of national unity in Greece.
"We are deeply concerned by the presence in the new unity government of the LAOS extreme-right, headed by Georgios Karatzaferis," the...
Economy
Greek Word Not Good Enough – Troika Wants it in Writing
ATHENS – Even before the dust settled down from the appointment of a new interim Prime Minister, Lucas Papademos, and a coalition cabinet charged with pushing through the Parliament a new bailout of $157 billion from international lenders and...
Greece
50 Years of Greek-Korean Friendship Sealed
Greece and the Republic of South Korea celebrated on Friday, November 11 the 50th anniversary of diplomatic relations between the two countries. For the occasion, two Korean warships have docked at the port of Piraeus and will remain there...
Economy
Papademos Sworn In, New Coalition Government Faces Old Problems
ATHENS – Former European Central Bank Vice-President Lucas Papademos has been sworn in as the country’s interim Prime Minister, charged with keeping international aid coming and holding together a coalition government that includes some bitter rivals, and far Right-Wing...
Greece
My Big Fat Greek Government-48 Ministers in New PM's "Flexible" Cabinet
So, after more meetings and consultations, the new Prime Minister Lucas Papademos and representatives of the three parties (PASOK, New Democracy,LAOS) finalized the composition of the crisis cabinet which counts 48 (!) members-so much about the flexible cabinet Papadimos...
Greece
Papademos Eyes Flexible And Combatant Cabinet
The new interim government swears an oath on Friday noon, then the procedure of vote of confidence would launch.
Consultations continued until late Thursday between the new Prime Minister Lucas Papademos and representatives of the three parties (PASOK, New Democracy,...
Economy
Greek Jobless Rate Hits 18.4% as Economy Tanks
ATHENS – As Greece waited on a new coalition government needed to keep international loans coming and prevent the country’s bankruptcy, the austerity measures that go along with them have driven the unemployment rate to 18.4%.
That came as hundreds...
Greece
Highly Respected Banker Lucas Papademos is Greece's New PM
Lucas Papademos, a former deputy head of the European Central Bank, is a New Greek Prime Minister[...]
Greece
Greece's Interim Leader? …. To Be Continued
ATHENS - After three days of political feuding that angered Greeks worried whether it would jeopardize international rescue loans, a new coalition government was said to have been formed with Parliament Speaker Filippos Petsalnikos, a political unknown outside Greece,...
Greece
Papandreou: New Interim Govt Will Secure Debt Deal
Outgoing Prime Minister George Papandreou said Wednesday that an agreement had been reached with the opposition on the creation of an interim government that will secure the country's new debt deal.
He made a kind of valedictory speech, summing up...
Greece
Vassilios Skouris: One More Candidate for Prime Minister of Greece
One more name, this of Vassilios Skouris was just dropped on the table of the discussions for head of the new Greek coalition government. Vassilios Skouris is the President of the European Court of Justice, former Minister of the...
Greece
Philippos Petsalnikos Another Possible PM for Greece
Countless meetings are still taking place in Athens with Greek Prime Minister George Papandreou and leader of the opposition Antonis Samaras to be leading the discussions about Greece's new coalition government. Many names have been on the table regarding...
Greece
Karatzaferis: This Marriage is Destined to Fail
LAOS leader George Karatzaferis said earlier today that Mr. Papandreou and Mr. Samaras are similar to a couple who is about to get married just because their families force them to.
“It’s like Giannakis doesn’t want to marry Mairoula because...
Greece
Papademos Back in Pole Position
Following contrasting rumours surrounding Lucas Papademos and his chances of becoming the head of Greece's new coalition government, he is now once again considered the frontrunner, according to the television network Skai. The channel says that Panayiotis Roumeliotis, Greece's...
Economy
Greece’s Biggest Tax Evader Owes $118 million
ATHENS – It took threats to investigate Finance Ministry officials who refused to release a list of Greece’s biggest tax evaders who owe the struggling country $56 billion, but a public prosecutor now knows who they are, including number...