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New Democracy

Venizelos Tries to Quash PASOK Mutiny

PASOK Socialist leader Evangelos Venizelos is struggling to keep his party from breaking apart after 17 of his Members of Parliament defied him and voted against a privatization plan demanded by international lenders. PASOK has 33 Members of Parliament, including...

Greek Lawmakers OK Privatization, No to Fund Mergers

As Prime Minister Antonis Samaras’ hopes of pushing a $17.45 billion spending cut and tax hike plan remained stalled, the Greek Parliament has approved a privatization bill but balked at merging health care funds, including one for journalists, who...

Samaras in Crisis Talks Over Budget

In an effort to convince his reluctant coalition partners to support a $17.45 billion spending cut and tax hike plan that is antithetical to their campaign promises to resist more austerity measures, Prime Minister Antonis Samaras has been holding...

Lagarde List Leaked: Greek Politicians, Big Names

A closely-kept secret by the Greek government – the names of 1,991 people who made $1.95 billion in deposits in the Geneva, Switzerland HSBC bank branch – has been released by a Greek investigative journalist and immediately went viral...

Tsipras Says More Austerity “Final Blow” for Greece

Greek Prime Minister Antonis Samaras is trying to persuade his reluctant coalition partners to go along with a $17.45 billion spending cut and tax hike plan, the major opposition party Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras...

Golden Dawn Leader Says They’re Not Nazis

The head of the far-right extremist party Golden Dawn, which showcases Hitler’s Mein Kampf and who has used the Heil salute, has denied it has a Nazi orientation and claimed it is being ostracized by the media and in...

Not So Fast: Troika Says No Deal Yet

Greece’s international lenders have rebuffed Finance Minister Yiannis Stournaras’ declaration  that Greece had concluded a deal with its international lenders on a $17.45 billion spending cut and tax hike plan needed to release a delayed $38.8 billion installment to...

Greek Reaches Deal With Troika, Two More Years

Less than a day after the partners in Greece’s coalition government objected to changes in labor rights as part of a pending $17.45 billion spending cut and tax hike plan pushed by Prime Minister Antonis Samaras, there has reportedly...

Samaras Tries to Keep Coalition Intact

Greek Prime Minister Antonis Samaras’ uneasy coalition showed another crack on Oct. 23 when Democratic Left head Fotis Kouvelis said he would not go along with radical changes in labor rights included in a $17.45 billion spending cut and...

Samaras Pushes Hard for a Budget Deal

With his coalition government splintering, Greek Prime Minister Antonis Samaras will meet his coalition partners on Oct. 23 for talks on trying to finalize a $17.45 billion spending cut and tax hike package that has been stalled for months,...