New Democracy
Economy
Samaras Heading For U.S. Again
Glowing after meeting U.S. President Barack Obama in the White House on Aug. 8 and meeting with Diaspora leaders in New York as part of a visit to the United States, Greek Prime Minister Antonis Samaras is getting ready...
Economy
Samaras Readies September Strategy
Coasting on a boost from his meeting with U.S. President Barack Obama in Washington, D.C. during Congress' summer recess when there were few official visits going on, Greek Prime Minister Antonis Samaras returns to political reality in preparation for...
Economy
Stournaras Wants Troika to Cut Greek Debt
While many analysts contend that Greece won't turn the corner for years, Finance Minister Yannis Stournaeas, the country's champion cheerleader, said Athens will press its international lenders for debt relief beginning in November if a primary surplus can be...
Crime
Greek Businesses Evade Tax Man
Greece's hopes of boosting the economy by cutting the Value Added Tax (VAT) in eateries from 23 to 13 percent for a five-month trial are failing from the get-go as inspectors have found about 50 percent of all businesses...
Greece
SYRIZA Downplays Obama-Samaras Meeting
Greece's major opposition party the Coalition of the Radical Left (SYRIZA), not unexpectedly didn't think much of Greek Prime Minister and New Democracy Conservative leader Antonis Samaras' Aug. 8 White House meeting with U.S. President Barack Obama.
SYRIZA stressed that...
Economy
Brazil Backtracks On IMF Greek Snafu
Distancing itself from its own representative to the International Monetary Fund (IMF) who abstained from a vote on more aid for Greece after declaring the money would never be repaid, Brazil said the incident was all due to a...
Greece
SYRIZA-ND vs. Golden Dawn Pitched
Politics makes strange bedfellows indeed, but this could be the strangest one yet: the New Democracy (ND) Conservatives and their bitter enemy, the major opposition party Coalition of the Radical Left (SYRIZA).
That's the idea of SYRIZA outspoken MP Petros...
Economy
Troika Wants Greek Homes Repossessed
Greece's international lenders are pressuring the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras again to lift a ban prohibiting banks from confiscating homes worth more than 200,000 euros ($260,000) of Greeks who can't...
Economy
No Plan B for Greece Says Stournaras
Greek Finance Minister Yannis Stournaras, who is placing all his bets on austerity and hopes for growth to offset a crushing economic crisis, said it had better work because there's no backup Plan B in place.
Despite that, he said...
Economy
Greece Mulls Lifting Home Seizure Ban
Despite a lingering economic crisis, the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras wants to lift a ban on repossession of homes of people who can't afford to pay mortgages with their pay...