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Next 5 Billion Euro Tranche to be Paid to Greece in March

Greece΄s entire planned schedule of emergency loans from the European Union and International Monetary Fund is being pushed back by three months because of...

PASOK Ministers Push for Leadership Elections- Papandreou Remains Silent (Again)

“The procedures for electing the new PASOK leader should be completed by January” stated according to sources, FM Evangelos Venizelos during Pasok’s political council...

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...

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...

Elections And New Measures Cause Government Turbulence

Greek government’s tenure is determined by the work to be done, said spokesman for Greek PM Lucas Papademos, in an attempt to deal with...

Europe Changes the Money Rules, Greece Still at Risk

European leaders have agreed to set tighter rules over spending and deficits and will pump an additional $268 billion into a new reserve structure to help ailing countries, but[...]

Papandreou Being Pushed Out by His Own Party

ATHENS – A growing number of PASOK Socialist ministers and lawmakers are intensifying the pressure on their leader, former Prime Minister George Papandreou, to...

Call for Coalition Government to Stay On Until 2013

ATHENS – Following remarks from New Democracy party leader Antonis Samaras that elections tentatively scheduled for Feb. 19 will probably have to be rescheduled...

Papandreou Under Pressure to Quit as PASOK Leader

Almost a month after he resigned as Prime Minister, George Papandreou is clinging to power as the head of the embattled PASOK Socialists, but a growing number of lawmakers and former ministers[...]