PASOK
Greece
Papandreou Calls on Pasok Lawmakers to Support Austerity Bill
Prime Minister George Papandreou called on lawmakers from his ruling PASOK party to support an austerity bill to be voted in parliament on Oct. 20.
“We have to be in a strong position for discussions at the European summit talks...
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
Venizelos: Greece On Razor’s Edge
The agreement of July 21 either would be guaranteed as it is or we would seek something better Greek FinMin has reportedly said at the morning meeting of a ruling party parliamentary committee.
Talking to PASOK MPs, Evangelos Venizelos said...
Economy
Two Years in Power: Ten Things George Papandreou Has or Hasn’t Changed
From crushing ruling Conservatives party two years ago, Papandreou’s poll numbers have suffered a dramatic slump turning the Greek PM into a contemporary Diogenes of Sinope who instead of strolling around with a lamp looking for an honest man, he’s desperately looking for his voters- if there’s anyone left that is[...]
Economy
Troika Wants Greece's Minimum Wage Scrapped
More bad news is brewing for Greek workers in a seemingly endless onslaught of pay cuts and tax hikes. In return for bailout loans keeping the country afloat, the Troika of the European Union[...]
Greece
Syriza Reacts to Government's Policy
SYRIZA group leader, Mr. Alexis Tsipras called yesterday PASOK’s policies “disastrous” for the Greek economy and the country as well.
According to Mr. Tsipras, the government’s policies will inevitably lead the country to default and he accused Germany for trying...
Economy
As Greeks Rage, Merkel Says Germany Backs a “Strong Greece”
ATHENS – As Prime Minister George Papandreou’s PASOK Socialist Members of Parliament unanimously supported an emergency property tax as part of crushing new austerity measures ordered by international lenders in return for money to keep Greece from going bankrupt,...
Economy
In Washington, Venizelos Tries to Convince Skeptical World
Even while Greek Finance Minister Evangelos Venizelos was busy in Washington trying to persuade everyone that Greece will not default, although it is drowning in debt and misery over deep pay cuts, tax hikes and slashed pensions while tax...