Memorandum

The Greek government defended the country's new rescue program on Thursday, commenting on the decision of SYRIZA Left Platform leader Panagiotis Lafazanis to announce the "social and political formation" of a "unitary movement" against the Memorandum. According to government sources, "Panagiotis Lafazanis' decision to announce the...

Sticking to his guns, SYRIZA's Left Platform leader Panagiotis Lafazanis insisted that the Greek government will lose support within the party if it continues down a pro-Memorandum path. "If the government becomes irretrievably identified with new and old Memoranda and the policies that...

They called it deal, agreement, treaty, honest compromise, bailout. They dressed it up with fancy words like “social justice,” “fair taxation,” “growth prospect,” “debt haircut.” What they never called it was what it truly was: a Memorandum of Understanding....

Former finance minister Yanis Varoufakis said in parliament that the new bailout agreement proposed to Greece is doomed to fail, calling it " Versailles Treaty," and stated he will vote against it. Varoufakis accused German Finance Minister Wolfgang Schaeuble of...

The dreaded "memorandum," the dirtiest 10-letter word in Greece's recent vocabulary, is back on the lips of Greek people. A simple business term that became the word that shall not be spoken is now back, with a vengeance. The unspoken...

House Speaker Zoe Konstantopoulou called the yearly Bank of Greece report on fiscal policy "unacceptable" and accused the bank governor of "uninhibited interventionism" as she returned it. Earlier today (Wednesday) the Bank of Greece 2015-2015 fiscal report was made public. It...

After four months of intensive negotiations, Greece had submitted a proposal that could have been the basis for a sustainable and socially acceptable agreement, Greek Prime Minister Alexis Tsipras told SYRIZA's Parliamentary group on Tuesday. Instead of a reply, the...

The institutions' insistence on further pension cuts is a political expediency, Greek Prime Minister Alexis Tsipras said in statements to "Efimerida ton Syntakton" newspaper. The Greek PM underlined that creditors should not regard "our sincere desire for a solution and steps...

We are entering the final stretch with the worst public image," SYRIZA deputy and Greek Parliament Vice President Alexis Mitropoulos told ANT1, stressing that at this phase "we have to tell our people honestly that we will implement a...

The first two Memoranda accompanying the Greek bailouts are invalid under the country's constitution since they were not ratified by a two thirds majority in Parliament, Athens University Law School Professor Georgios Kasimatis, a constitution expert, informed lawmakers...