Democratic Left
Economy
September Crunch Time for Greece With Troika's Return
ATHENS – The seemingly endless saga of the rule of international lenders over Greece’s economy will take a summer hiatus but will pick up again in September when inspectors from the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) Troika...
Economy
Samaras Changes His Mind Again: No Bailout Renegotiations
ATHENS – Greek Prime Minister Antonis Samaras, who during the campaign before the June 17 elections said he would seek renegotiations of bailout deals with international lenders – but after being elected said he wouldn’t – then said he...
Economy
Germany, Troika, Squeezing Greece Toward Eurozone Exit
ATHENS – With the arrival of inspectors from international lenders in Greece this week to check on the progress of delayed reforms, speculation is growing that the country is inevitably heading toward an exit from the Eurozone of the...
Economy
Immigrant Detention Center To Be Set Up in Athens
ATHENS – Mayor George Kamminis said he is prepared for the capital city to host a holding center for illegal immigrants, one of a number to be set up in Greece to help stem the influx of people fleeing...
Economy
Kouvelis Says Greece Could Still Default Yet
ATHENS – Fotis Kouvelis, leader of the tiny Democratic Left party that is a partner in New Democracy Conservative Prime Minister Antonis Samaras’ uneasy coalition with the PASOK Socialists, has warned that Greece may yet default on its loans...
Economy
Venizelos Says No More Pay Cuts or Tax Hikes
ATHENS - Greek Prime Minister Antonis Samaras and his coalition partners have agreed on little more than half of the $14.1 billion in cuts demanded by international lenders over the next three years, but agreed that there would be...
Economy
Samaras Tells Ministers: Find $14 Billion in Cuts or I Will
ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by $14 billion, new Prime Minister Antonis Samaras has told them that he will if they...
Economy
Bill Clinton Coming to Greece to Push Diaspora Charity Work
ATHENS - Former U.S. President Bill Clinton will reportedly come to Greece later this week at the behest of a group of influential Greek Americans who want to change the negative image of the country as it struggles through...
Economy
Tsipras Says More Austerity Coming, Greece Will Quit the Euro
ATHENS – Continuing his non-stop onslaught against pro-austerity Prime Minister Antonis Samaras’ coalition, Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras said the new government will – despite its promises – impose more austerity on weary Greeks and...
Economy
Greeks Will Get Extra Property Tax in Electric Bills Again
ATHENS – In yet another reversal for the new coalition administration led by New Democracy leader and Prime Minister Antonis Samaras, the government will put a special property tax into electric bills again, after promising it would not –...