PASOK
Greece
Greece's Interim Leader? …. To Be Continued
ATHENS - After three days of political feuding that angered Greeks worried whether it would jeopardize international rescue loans, a new coalition government was said to have been formed with Parliament Speaker Filippos Petsalnikos, a political unknown outside Greece,...
Economy
A New Ancient Greek Drama a Long-Running Flop
The machinations between Prime Minister George Papandreou, a Socialist whose two years in office[...]
Economy
Papademos Said to be Greece’s Interim Leader Choice
ATHENS – With the political infighting over, Greece’s interim Prime Minister to head a coalition government to enable the country to keep getting critical international loans seems likely to be former European Central Bank (ECB) Vice-President Lucas Papademos. The...
Economy
Papandreou Scraps Bailout Referendum, Seeks Coalition Government
ATHENS – Faced with defections by his Finance Minister, Cabinet official and Members of Parliament of his ruling PASOK Socialist party, Prime Minister George Papandreou has quickly withdrawn his plans[...]
Economy
Greece’s Choice: In or Out of the Eurozone
As Greek Prime Minister George Papandreou was being cross-examined by European leaders on his stunning call for a referendum in his country on international bailout loans and the austerity measures he imposed as a condition, German and French officials...
Economy
Papandreou’s Referendum Call Rattles Markets, Threatens Bailout
Greek Prime Minister George Papandreou’s surprise announcement will ask voters to decide the fate of international bailout loans and his wobbly Administration through a referendum sent shock waves through the markets, rattling Wall Street, angering European leaders who just...
Greece
Papandreou Called on to Resign by 6 Party Members
Six senior members of the ruling party called on Prime Minister George Papandreou to step down, state-run Athens News Agency reported, without citing anyone.
The members of the Pasok National Council sent a joint letter to Papandreou saying the country...
Economy
After the Haircut, What Next for Greece?
The signs are all there that investors have really given up on Greece: analysts no longer say “if” when[...]
Economy
More Austerity Means More Strikes Too
ATHENS – Protests didn't work. Riots didn't work. Strikes didn't work either, but Greek workers say they’ll walk off their jobs again this week anyway, fed up with another round of austerity measures they said have crippled their present and destroyed their future.
Although garbage collectors...
Greece
Papandreou-Samaras Meeting Ends in Failure (again)
A day before "the mother of all strikes" and with thousands of riot police being rushed to Athens George Papandreou in a desperate bid to give the impression that there is a united front before the talks with his EU counterparts,...