Loverdos

Diamantopoulou Breaks From PASOK Too

With his party sinking to the 5 percent level in the polls and 116 million euros ($150 million) in debt, PASOK Socialist leader Evangelos Venizelos now has lost another former minister who has broken away to form a rival...

Papandreou, Loverdos Spar Over Bailout Claims

A former minister in then Greek Prime Minister George Papandreou's Cabinet in 2010 said he and two other colleagues were opposed to the bailout the Premier sought from the International Monetary Fund, an assertion that Papandreou said was untrue. Andreas...

Venizelos Casts Loverdos Out of PASOK

With his party sinking fast for unrelenting support for austerity measures that are antithetical to its founding principles, PASOK Socialist leader Evangelos Venizelos ejected former minister Andreas Loverdos for trying to start a new movement. Venizelos moved swiftly to boot...

PASOK Loses Another MP, Androulakis Quits

After ejecting six of his Members of Parliament for not supporting a $17.45 billion spending cut and tax hike plan, PASOK Socialist leader Evangelos Venizelos has lost another one after veteran deputy Mimis Androulakis quit the party, adding to...

Antonis Samaras Sworn In As Prime Minister

ATHENS – New Democracy leader Antonis Samaras, whose party finished first in the critical June 17 elections but with less than 30 percent of the vote, was sworn in as Prime Minister on June 20 after convincing his rivals,...

Greek Pensions Saved But Minimum Wage, Health and Defense Hit Hard

ATHENS - After divisive talks, Greece’s coalition government has agreed on a plan to make more deep spending cuts to stave off default, but the deal means although pensioners could be spared, the country’s already-wracked health care system will...

Loverdos Bows Out of PASOK Race and Backs Venizelos

ATHENS – With the PASOK Socialist party imploding into near-nothingness and beset by infighting over who should be its new leader when former Prime Minister George Papandreou steps aside, just before new elections for Prime Minister are held, Health...

Papandreou Fiddles While PASOK Disintegrates

ATHENS – While former Prime Minister George Papandreou was in Costa Rica addressing the Socialist International conference as its leader, the PASOK party he still heads – if only for a while and under constant pressure to quit –...

New York Times: Greece's Economic Tragedy Fuels a Medical One

As Greece's debt crisis mounted and the country looked for austerity measures, its unwieldy and often corruption-riddled universal health care system became a prime target, with spending cut 13%. But that has had dire consequences, the New York Times reports. Public...

Papandreou Being Pushed Out by His Own Party

ATHENS – A growing number of PASOK Socialist ministers and lawmakers are intensifying the pressure on their leader, former Prime Minister George Papandreou, to step aside quickly and let the party find a new leader ahead of snap elections...