New Democracy
Economy
Venizelos Blasts Strikers, Says Tax Evaders Will Be Named
ATHENS - As growing numbers of public workers join the ranks of strikers protesting pay cuts, tax hikes, and the layoff of 30,000 workers Finance Minister Evangelos Venizelos blistered them for their actions and said the city was under...
Economy
Greek Surtax Doubles, Tax Inspectors Set to Strike
A relentless wave of tax increases hasn't provided enough revenue to plug a deep hole in public finances, so a new supposed one-time “solidarity” surtax on income paid by Greeks will continue next year[...]
Economy
PASOK Slips, But No Winners Seen
PASOK Slips, But No Winners Seen
ATHENS - Eighteen months after imposing pay cuts, tax hikes and slashed pensions on the working populace in an attempt to stave off bankruptcy, the ruling PASOK Socialist party has fallen further behind the...
Economy
Back to the Drach? Papandreou May Let Voters Decide
ATHENS – As pressure builds on Greece to default, Prime Minister George Papandreou is reportedly mulling a referendum to let the people decide whether to give up the fight to stay in the Eurozone, abandon the euro, and return...
Economy
Greeks Gird for More “Blood and Tears” Economic Hits
With Greece still poised on the edge of bankruptcy and growing predictions the country will fail, Prime Minister George Papandreou said he will institute new deep cuts in public spending – another 20% pay cut for workers and a...
Greece
Samaras Proposes Permanent Deputy Budget Minister
A. Samaras, leader of New Democracy, proposed to implement new, more effective policies. According to Samaras, a permanent Deputy Budget Minister and Deputy Foreign Minister are necessary to prevent economic and political mistakes.
The New Democracy leader noted that these...