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Memorandum

ND to Propose Parliamentary Probe into Capital Controls and Third Memorandum, Party Sources Say

Main opposition New Democracy intends to table a proposal within the day for a parliamentary probe to investigate the reasons why capital controls were imposed on Greece, as well as the signing of the third memorandum and the need...

ADEDY to Hold Strike on April 7

The civil servants' union federation (ADEDY), announced on Monday a 24-hour strike against the planned social security reforms which will take place on April 7. ADEDY is also calling all workers to be present at the rally that will take...

Greece Cancels Existing IMF Bailout Program

Greek government sources and the International Monetary Fund itself confirmed today that the bailout program agreed in 2012 has been cancelled at the request of Greek authorities. According to Ministry of Finance sources, the joint decision was made in order...

Greeks Watch Passively as Government Drains Them Dry

If one had asked any Greek exactly one year ago, that the full of promises SYRIZA party would come to power to finish off the crisis-stricken Greek economy and drain his personal wealth, with his blessing, he would have called...

New Democracy Interim Leader Accuses Tsipras of Cheating Greece

New Democracy interim leader Yiannis Plakiotakis accused Greek Prime Minister Alexis Tsipras of 'fiddling' with budget figures and cheating the Greek people. The opposition leader late on Saturday said Tsipras tried "to cheat (the Greek people) and transfer the responsibility...

Greek Labor Minister Katrougalos Meets ILO Chief Ryder

Greek Labor Minister Giorgos Katrougalos met on Thursday with ILO General Director Guy Ryder at the Ministry. They focused on labor relationships as well as on labor issues such as collective contracts and mass layoffs. The Minister stressed that Greece should...

Greek MEP Sakorafa Joins List of Lawmakers Abandoning SYRIZA

European Parliament Member Sofia Sakorafa is the lastest SYRIZA member to leave the party after former prime minister Alexis Tsipras signed Greece's third bailout memorandum. Sakorafa is the second SYRIZA MEP who abandons the party, after Nikos Chountis, who has...

Greek Elections: Foes Might End Up Friends After Ballot Boxes Close

In Greek politics, a statement that is repeated very often usually has the opposite meaning of what the politician says. For example, when a politician says "no new taxes," rest assured that you will be bombarded with taxes when...

Fifty-three Left Platform Members Resign from SYRIZA Central Committee

Fifty-three members of SYRIZA's Central Committee, most of them affiliated with Panagiotis Lafazanis' Left Platform, resigned on Wednesday. In a letter, they stressed that they were unable to serve the new Memorandum signed by Greece, which they said delivered...

SYRIZA Left Platform Rebels Announce New Party 'Popular Unity'

After the resignation of Prime Minister Alexis Tsipras and his government and the decision for snap elections in Greece, the SYRIZA Left Platform announced the formation of a new leftist party. Reportedly, the new party will be called "Popular Unity" as 29...