New Democracy

ATHENS – As Greece continues to bury its workers, pensioners and poor with waves of taxes to keep the country from going bankrupt, the two prosecutors in charge of going after tax cheats costing the country more than $60...

Conservative New Democracy party signalled on Friday it would drop its insistence on holding elections in February, a move that would give Prime Minister Lucas Papademos more time to pass reforms and secure a vital debt restructuring deal. Shortly afterward...

ATHENS – The building tension in Greece’s shaky coalition government boiled over in a Cabinet meeting, when PASOK Socialist Finance Minister Evangelos Venizelos tangled with far Right-Wing LAOS Infrastructure Minister Makis Voridis over proposed changes in laws over the...

ATHENS – Interim Prime Minister Lucas Papademos’ six-week old shaky coalition government is showing signs of splitting over a refusal by the conservative New Democracy partner to cut auxiliary pensions in another cost-cutting scheme to keep Greece from going...

Greek Prime Minister Lucas Papademos will hold talks with all three parties in his coalition to nail down a time frame and possible end date for his government after internal divisions have created friction, reports said Wednesday. "There will be...

ATHENS – As the bad economic news keeps piling up for Greece - retail sales for this year were down 30 percent, and storeowners say people are window shopping but not buying much for Christmas - the shaky coalition...

ATHENS – Only a day after Greek officials said they were optimistic about reaching an agreement with banks and investors to write down as much as 50 percent of the country’s debt, reports said many are balking at the...

ATHENS – Official from the Troika of international lenders keeping Greece on economic life support with rescue loans will wrap up a 10-day visit here on Dec. 18 and said they want some firm proposals on demands to further...

ATHENS – Even as interim Prime Minister Lucas Papademos, who is leading a temporary coalition government, insisted that he’s on track to keep international aid coming and eventually right the technically-bankrupt country, statistics show the economy is contracting worse...

ATHENS – Buried under waves of austerity measures, beleaguered Greeks shouldn't have to suffer any more tax hikes, one of its principal international lenders, the International Monetary Fund, said, but the government is still proceeding with plans to reduce...