Lucas Papademos
Economy
Tsipras Says New Democracy, PASOK are "Scaremongering"
ATHENS – After more than a week of a nearly-invisible campaign ahead of critical June 17 elections that could decide whether Greece leaves the Eurozone and possible chaos, dueling political rivals are taking shots at each other through press...
Economy
Lucas Papademos Warns Greece Risks Running Out of Cash by June
Former Greek prime minister Lucas Papademos warned Greece may run out of money by the end of June if international bailout funds are cut off following next month's election, a newspaper reported on Sunday.
"From late June onwards, the ability...
Economy
Former Greek PM Papademos on WSJ: "No Choice But Austerity"
Greece΄s former Prime Minister Lucas Papademos warned that Greek people have no choice but to stick with a harsh austerity program imposed by their lenders or face an exit from the Eurozone which could result in the financial collapse...
Economy
Pikramenos to Lead Soured Greeks Ahead of June 17 Elections
ATHENS – With the collapse of talks to form a coalition government in the wake of the May 6 stalemated elections that failed to give any party a mandate to rule, Greece has come under the temporary control of...
Economy
SYRIZA Surges in Polls, Sun Setting on Golden Dawn
ATHENS – Greece’s rising political leader of the left, 37-year-old Alexis Tsipras, whose refusal to back a coalition government in favor of more austerity measures, has taken his SYRIZA party into the lead for prospective new elections, a poll...
Economy
Lucas Papademos Sends SOS Message on Greece
Former Greek Prime Minister Lucas Papademos met with Greek President Karolos Papoulias to discuss the current political and financial situation in Greece. The bureaucratic former PM described the Greek economy as struggling.
But Papademos expressed his anxiety about the negative...
Economy
Coalition Hopes Fade, New Elections Seem Likely
ATHENS – With Europe and world markets watching anxiously, Greece’s hopes of forming a coalition government were deadlocked in debate over whether to stick to austerity measures demanded by international lenders in return for two bailouts of $325 billion...
Economy
Samaras Says He Can't Form Coalition, SYRIZA's Turn Is Next
ATHENS – New Democracy head Antonis Samaras, whose party finished first in the May 6 general elections but with less than 19 percent of the vote, said after less than a day of trying that he can’t form a...
Economy
Banks Want Technocrats to Run Greece, Not Politicians
ATHENS – As Greeks were set to vote on May 6 for a new government that could be another coalition administration, the country’s international lenders said if a stalemate results, that if a fragmented coalition government is elected without...
Economy
Greek Elections Campaign Reaches Home Stretch With Promises Flying
ATHENS – After a three-week campaign that was mostly conducted in closed-doors members-only rallies and away from a public furious over austerity measures, a mix of mainstream traditionalists, anti-capitalists, anti-bailout groups, Nazis, nationalists and even a porno star made...