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Kouvelis

Papoulias Tells Troika to Stop "Merciless Lashing"

As talks between Greece’s coalition government and international lenders over a plan to cut $14.6 billion in spending remained stalled, and anger and unrest were growing, President Karolos Papoulias said the country has suffered enough and urged an end...

Troika Gets Tough on Greece: Start Firing People

Greek Prime Minister Antonis Samaras’ hopes to get a quick sign-off from international lenders on his uneasy coalition government’s plan to make $14.6 billion in spending cuts the next two years were dashed when they told him the projections...

Troika and Greece Can't Agree on Spending Cuts

Envoys from international lenders have said they doubt whether some $2.8 billion in projected savings as part of a $14.6 billion spending cut plan devised by the government led by Greek Prime Minister Antonis Samaras can be achieved, temporarily...

Greek Judges Plan Strike Over Pay Cuts

Greek judges and prosecutors were to meet on Sept. 7-8 to plan a strike action after a deadlock between unionists representing them and Finance Minister Yannis Stournaras, who insisted the government would go ahead with plans for additional cuts...

Golden Dawn Rises Again, Overtakes PASOK

Capitalizing on growing social unrest over record unemployment, resentment against immigrants and rising crime, and planned new government austerity measures, the neo-Nazi Golden Dawn party has jumped into third place in popularity among Greek political parties, overtaking the once-dominant...

Samaras Cuts Deep, But Says No More

As previous governments have when they imposed austerity measures they said were the last but did it again, Greek Prime Minister Antonis Samaras said that while more deep pay cuts, tax hikes and slashed pensions are coming for Greeks,...

Samaras Fails to Sell Coalition Partners on Big Cuts

Prime Minister Antonis Samaras, the New Democracy Conservative leader, met on Aug. 29 with the partners in his uneasy coalition but was unable to convince them how to make $14.16 billion in cuts for 2013-2014 demanded by international lenders...

Samaras Says He Saved Greece from Drachma

Greek Prime Minister Antonis Samaras said that his trip to present German Chancellor Angela Merkel and French President Francois Hollande with details of plans to make another $14.16 billion in cuts could keep Greece in the Eurozone and prevent...

"Special Salaries" of Greece's Privileged Could be Cut

With the uneasy coalition government of New Democracy Prime Minister Antonis Samaras hunting high and low to find $14.16 billion in cuts demanded by international lenders, the administration is going after some hitherto-protected sacred cows and is planning to...

Greek Workers, Pensioners, Poor Face a Buzz Cut

The uneasy coalition government of Prime Minister Antonis Samaras will hit workers, pensioners and the poor for a big chunk of the $14.16 billion in cuts demanded by international lenders in return for rescue loans, Greek media reports said....