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The Economist: No Trickle-Down Gains For Samaras

Prime Minister Antonis Samaras and his conservative New Democracy party isn't getting a big bump out of an array of good economic news as it faces a stern test in next month's critical elections for Greek municipalities and the...

Samaras' Pre-Election Pitch: Stability

With his party locked in a dogfight ahead of next month's critical elections for the European Parliament and Greek municipalities, Prime Minister Antonis Samaras is wooing voters with money and trying to convince them to keep stability in the...

SYRIZA Infighting Over Candidates

With next month's critical elections for Greek municipalities and the European Parliament on the horizon, the country's major opposition Coalition of the Radical Left (SYRIZA) is dealing with some feuding in the ranks. At a meeting to draw up a...

Greek Loans May Get 30-50 Years Payback

Despite a primary surplus and a tepid return to the bond markets, Greece's debt is still so unsustainable that European Union officials are reportedly preparing to extend repayments on 240 billion euros in two bailouts as much as 30...

Samaras Rejects Talk of Greece Needing Third Bailout

Fresh on the heels of Greece floating a sovereign bond for the first time since the economic crisis began four years ago, Prime Minister Antonis Samaras had to reject talk that a third bailout will be needed. Samaras said the...

Papandreou Blames Karamanlis, EU For Crisis

Former Greek premier George Papandreou has again cast the blame on the country's crushing economic crisis that occurred on watch from 2009-11 on the European Union for acting too slow to help, and on his predecessor, Costas Karamanlis, for...

Greek Real Estate Market Still on Downward Slope

The Greek real estate market is still on a downward slope due to the lack of demand, the decline in people’s revenues and the overbearing tax burdens. In particular, Eurostat reveals that the Greek real estate market experienced the second-biggest...

Provopoulos Repeats Greek Recovery Coming

Bank of Greece chief George Provopoulos, who has predicted an economic recovery for the past few years, now says it looks like it's really going to happen and he'd like to keep his job for a second term. "The prospect...

Merkel To Samaras: Show Me The Surplus

A visiting German Chancellor Angela Merkel told Greek Prime Minister Antonis Samaras in Athens she first wants to see proof there will be a primary surplus before any talks of debt relief. Samaras has said there will be a primary...

In Athens, Merkel Seals The Deal

German Chancellor Angela Merkel, visiting Athens on April 11 under tight security the day after a terrorist car bombing and Greece's first sale of a sovereign bond in four years, was expected to sign a deal with a Greek...