PASOK
Economy
Samaras Says Economy On Road Back
Presenting a unified front with his PASOK Socialist partner Evangelos Venizelos at a project resuming work on a major highway, Greek Prime Minsiter Antonis Samaras said the country’s battered economy is already recovering, despite evidence it is not.
During a...
Economy
Greece Readies Firing Of 15,000 Workers
After much resistance, and insistence it could reduce the public workforce through retirements and firing problem workers, Greece has agreed to shed 15,000 positions through next year, including 2,000 who will be axed after the Easter holiday.
Prime Minister Antonis...
Greece
Piraeus Bank Says Recap Plan Ok'd
With Greek banks on the ropes and awaiting an injection of 50 billion euros ($65 billion) in state funds, the country's second-largest lender, Piraeus Bank, said shareholders have approved a recapitalization plan that is intended to safeguard the bank's...
Economy
Samaras Coaxes Partners On Multi-Bill
Prime Minister Antonis Samaras, the New Democracy Conservative leader, met with his coalition partners on April 23 in a bid to convince them to support a multi-faceted bill of reforms that the country's international lenders are insisting be passed...
Economy
Strike Shuts Down Greek Tax Offices
With Prime Minister Antonis Samaras, the New Democracy Conservative leader, hoping there won't be a repeat of last year's repeated strikes, protests and riots against austerity measures he's imposing on the orders of international lenders, workers in tax offices...
Greece
Tsochatzopoulos Denies Taking Bribes
Former Defense Minister Akis Tsochatzopoulos, whose corruption trial began with great fanfare on April 22, said he never accepted bribes or laundered money prosecutors said he received from offshore companies.
Tsochatzopoulos, wo has been in jail for a year and...
Economy
Greece Eyes Tax Cuts To Spur Economy
ATHENS – Greek Finance Minister Yiannis Stournaras said the country’s coalition government will try to persuade international lenders to allow a reduction in some taxes, particularly the 23 percent Value Added Tax (VAT) that is killing restaurants and taverns...
Greece
Greek Banks Immune For Political Loans
Greek financial prosecutors are preparing to send the findings of their investigations into party funding to the Parliament controlled by the parties who got the loans they haven't repaid even though recently-passed laws giving immunity to bank officials for...
Crime
For Some, Greece's Junta Lives On
On the morning of April 21, 1967, Greeks suddenly found tanks in the streets of Athens as a coup of military leaders staged a junta that became known as The Regime of The Colonels and brought seven years of...
Greece
Samaras' Partners Ired Over New Ministers
Greek Prime Minister Antonis Samaras' planned appointment of six new deputy ministers has sparked renewed speculation he's planning a shakeup of his Cabinet, which he has repeatedly denied, and ired his coalition partners who said they weren't informed.
The newspaper...