Back to the Drach? Papandreou May Let Voters Decide
ATHENS – As pressure builds on Greece to default, Prime Minister George Papandreou is reportedly mulling a referendum to let the people decide whether to give up the fight to stay in the Eurozone, abandon the euro, and return...
Greeks Gird for More “Blood and Tears” Economic Hits
With Greece still poised on the edge of bankruptcy and growing predictions the country will fail, Prime Minister George Papandreou said he will institute new deep cuts in public spending – another 20% pay cut for workers and a...
Samaras Proposes Permanent Deputy Budget Minister
A. Samaras, leader of New Democracy, proposed to implement new, more effective policies. According to Samaras, a permanent Deputy Budget Minister and Deputy Foreign Minister are necessary to prevent economic and political mistakes. The New Democracy leader noted that these...