Obama
Economy
Greece's Shrinking Economy Could Aid Anti-Austerity Parties
ATHENS – Despite more than two years of record cost-cutting, including slashes in salaries and pensions in addition to record tax hikes demanded by international lenders in return for $325 billion in two bailouts, Greece’s economy is continuing its...
Economy
A G8 Push for Greece to Stay in the Eurozone, But No Answers
Even as Greeks found themselves caught in the twin nightmares of accepting more pay cuts, tax hikes, slashed pensions and mass firings, or the doomsday scenarios of returning to the drachma, 70 percent devaluation, lack of food, fuel, tanks...
Economy
Merkel Calls For Greek Referendum On Euro; Berlin Denies
ATHENS – German Chancellor Angela Merkel’s office is denying a report that she recommended to Greek President Karolos Papoulias that Greece should hold a referendum on whether to stay in the Eurozone. Late last year, she blasted then Prime...
Economy
New Parties Wage Internet Campaign to Prove A Point
ATHENS – While Greece’s mainstream politicians, afraid of being harangued and flush with $40 million in taxpayer cash for campaign expenditures, have mostly remained indoors preaching to party faithfuls ahead of the May 6 election, smaller parties and challengers...