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New Democracy

Independent Greeks Loses Two MPs

The marginal Independent Greeks party that is opposed to the terms of two bailouts given Greece lost two of its Members of Parliament who said on March 26 they were quitting. In a letter addressed to House Speaker Evangelos Meimarakis,...

Samaras Readies Election Cash Giveaway

With crucial elections looming in May and the government ruling parties behind in the polls, Prime Minister and New Democracy Conservative leader Antonis Samaras is set to reveal how a so-called "social divided" will be doled out to a...

Milk Bill Being Revised To Save Deal

Greece's shaky coalition is readying changes to a crucial bill needed to unlock release of a delayed nine billion euros ($12.43 billion) from international lenders, hoping to persuade a handful of rebellious lawmakers from the ruling parties to drop...

Greek Bank Chief Defends Stress Tests

Bank of Greece chief George Provopoulos said a stress test conducted on the country's four ailing major banks deliberately was conservative on how much they would need in recapitalization funds so investors wouldn't be scared off. While the tests for...

Fresh Milk Fight Could Spoil Troika Deal

Greece's deal with international lenders to unlock a nine billion euro installment was in peril after two more lawmakers from the coalition's ruling parties said they would vote against it, objecting to a provision that would extend the shelf...

Immigrant Deportation Bill Pulled

Greece's coalition government abruptly yanked a measure in a draft law that would have allowed the deportation of immigrants making false claims about racially-motivated attacks after it almost led to the PASOK Socialists pulling their support. Prime Minister Antonis Samaras'...

SYRIZA Says Troika Deal PR Stunt

While Greek Prime Minister Antonis Samaras has hailed a deal with international lenders as a saving grace, the main opposition party Coalition of the Radical Left (SYRIZA) said it was designed to buy votes ahead of critical elections in...

Troika Says Bank, Surplus Questions Remain

With Greece celebrating a deal with international lenders that could open the door for long-delayed installments and critical cash, there came a warning that the country's banks need more money because of bad loans and over the size of...

SYRIZA Leading, But 'To Potami' Rising

A Pulse survey for the satirical newspaper To Pontiki (The Mouse) gives the major opposition Coalition of the Radical Left (SYRIZA) a two percent edge over the ruling New Democracy in the May elections for the European Parliament, but...

New Name for 'New Democracy'?

Recent changes in Greece’s political landscape have put officials on high alert at New Democracy, with the upcoming EU elections crucial to the ruling party's continued existence. Secret polls by the party suggest that alternatives have to be found, if it is to gain...