Pantelis Kapsis
Economy
Greece "Optimistic" as Debt Swap Enters Final Stretch
Greece's government was 'optimistic' Monday that participation in a crucial debt swap with banks and private investors would be completed successfully by the end of the week.
'We remain optimistic ... but we expect that until the last moment there...
Economy
Cabinet Cuts Minimum Wage as Austerity Drive Begins
Greek ministers agreed deep cuts to the minimum wage on Tuesday, slashing living standards for low-paid workers as Athens began implementing measures demanded by international lenders in return for a 130 billion euro rescue package.
Cabinet approved the cuts, which...
Greece
Greece Calls Snap Elections for April
Greece will hold general elections in April, the government said on Monday, hours after parliament voted through tough new austerity measures aimed at saving the country from bankruptcy.
"This government has one to one-and-a-half months left," spokesperson Pantelis Kapsis told...
Economy
Juncker Warns That Greek Talks with Private Investors Are in a Difficult Stage
Negotiations to fix a massive write-down with private investors of Greek sovereign debt are at an "ultra difficult" stage, eurozone chief Jean-Claude Juncker said Thursday.
"These negotiations are ultra difficult," the Luxembourg prime minister told school pupils in a blunt...
Greece
Papademos To Meet With Party Chiefs Over Loan Deal
Greek Prime Minister Lucas Papademos has launched a bid for broad political backing for the painful reforms needed to get a new loan deal, a process that risks becoming politicized, with new elections expected in the spring.
Papademos will meet...
Economy
Govt Spokesman: Greece Will Leave Euro if Second Bailout Fails
Greece will have to leave the eurozone if it fails to clinch a deal on a second, 130 billion euro bailout with its international lenders, a government spokesman said on Tuesday.
It was an unusually public stark warning from the...
Greece
Elections And New Measures Cause Government Turbulence
Greek government’s tenure is determined by the work to be done, said spokesman for Greek PM Lucas Papademos, in an attempt to deal with the ministerial paralysis due to an unofficial pre-election period.
Infrastructure Minister Makis Voridis, a LAOS MP,...
Greece
Pantelis Kapsis (Ex-newspaper Editor) Appointed Government Spokesman
Journalist Pantelis Kapsis was appointed the interim government’s spokesman and Minister of State on Tuesday.
Pantelis Kapsis was a personal appointment of Prime Minister Lucas Papademos.
For many years the managing director of the newspaper Ta Nea, Pantelis Kapsis, who now...