Barroso
Greece
Barroso Expresses Concern Over Election of Golden Dawn in Greece
The President of the European Commission Jose Manuel Barroso expressed his concerns during a press conference today over the election of the far-right Golden Dawn party in the May 6 elections in Greece, underlining that the EU must be...
Economy
EU Says it Can Help Greece Return to Growth, But It Comes With a Price
European Commission President Jose Manuel Barroso told the European Parliament in Strasbourg on April 18 that Greece could return to growth if it sticks to reforms demanded by international lenders, a formula similar to what interim Prime Minister Lucas...
Economy
Greek Elections Set for April 29 – Will Anything Change?
ATHENS – The brief reign of interim Prime Minister Lucas Papademos, the former European Central Bank (ECB) Vice-President who has been ruling since former premier George Papandreou resigned on Nov. 11, 2011, may end on April 29 if Greeks...
Economy
Papademos Gave Up Salary, Rejects Bailout Commissioner
ATHENS - Greece’s interim Prime Minister Lucas Papademos says he gave up his salary as soon as he was appointed three months ago – President Karolos Papoulias did so earlier this month, relinquishing his annual $400,000 pay. Papademos made...
Economy
EU Says It’s Not Ready to Help Greece Yet
ATHENS - Despite new austerity measures rammed through the Parliament in the wake of riots that left parts of downtown Athens burning, European Union leaders said they aren’t convinced that Greece is serious about reform and won’t release a...
Economy
Papademos Pushes for Broader Parliamentary Support
ATHENS – Interim Prime Minister Lucas Papademos, in a bid to keep together a fractious coalition and get other splinter parties to support a second bailout from international lenders and more austerity measures, said he will meet with Members...
Economy
Troika Loan on Hold, Xmas Bonus, Pensions at Risk
ATHENS – Greece’s interim Prime Minister Lucas Papademos, who is overseeing a shaky coalition of three parties, is trying to persuade international lenders to release a delayed $11 billion loan installment, without which the country will not be able...
Greece
Barroso Expects Greece To Form Government Of National Unity
European Commission President Jose Manuel Barroso Friday said he expects Greece to form a government of national unity and to approve its bailout package.
"I think that΄s what is going to happen , because what is the other option for...
Economy
Papandreou Scraps Bailout Referendum, Seeks Coalition Government
ATHENS – Faced with defections by his Finance Minister, Cabinet official and Members of Parliament of his ruling PASOK Socialist party, Prime Minister George Papandreou has quickly withdrawn his plans[...]
Economy
Greece’s Choice: In or Out of the Eurozone
As Greek Prime Minister George Papandreou was being cross-examined by European leaders on his stunning call for a referendum in his country on international bailout loans and the austerity measures he imposed as a condition, German and French officials...