Stournaras
Economy
Venizelos Says No More Pay Cuts or Tax Hikes
ATHENS - Greek Prime Minister Antonis Samaras and his coalition partners have agreed on little more than half of the $14.1 billion in cuts demanded by international lenders over the next three years, but agreed that there would be...
Economy
Samaras Tells Ministers: Find $14 Billion in Cuts or I Will
ATHENS – With his Cabinet members reluctant to make deep cuts needed to satisfy international lenders who want Greece’s government to slash spending by $14 billion, new Prime Minister Antonis Samaras has told them that he will if they...
Economy
Samaras Tries to Keep His Coalition from Cracking
ATHENS – Trying to keep a rift in his uneasy alliance with his coalition partners from widening, new Greek Prime Minister Antonis Samaras met with them and agreed to reverse himself yet again and try to press international lenders...
Economy
Stournaras Asks No Concessions at Eurozone Meeting
BRUSSELS - Greece’s new Finance Minister Yiannis Stournaras, in his first meeting with leaders of the Eurozone of the 17 countries which use the euro as a currency, did not try to open negotiations to soften the harsh terms...
Economy
Greek Government Discredits Minister Who Quit
ATHENS – Moving swiftly to distance itself from one of its appointees who resigned, the Administration of Greece’s new Prime Minister Antonis Samaras said that former Deputy Labor Minister Nikos Nikolopoulos, who quit because he said the government had...
Economy
Think Tank Says Greek Economy is Tanking
ATHENS – New Greek Prime Minister Antonis Samaras faces an even more formidable challenge to get the country’s financial affairs back on track after the release of a report from the think tank founded by his new Finance Minister,...
Economy
After Samaras Meets Troika, Greece Admits It's "Off Track"
ATHENS – New Greek Prime Minister Antonis Samaras faced the first test of his uneasy coalition government on July 5 when he met with high-ranking representatives of the Troika of the European Union-International Monetary Fund-European Central Bank (EU-IMF-ECB) to...
Economy
Samaras Ready to Bargain with The Troika
ATHENS – With inspectors from international lenders due on July 5, new Greek Prime Minister Antonis Samaras will reportedly try to convince them to accept a deal in which Greece would move more quickly on privatization and cutting the...
Economy
Troika Puts Off Talks, Tsipras Says Greece Should Bail Out
ATHENS – Inspectors for international lenders providing Greece with critical money lifelines were to arrive on July 3, but negotiations with officials of the country’s new coalition government on whether changes will be allowed to bailout deals have been...
Economy
Samaras Writes EU for Help as IMF Prepares Visit
ATHENS – Unable to attend a critical meeting of European Union leaders because he is still recovering from eye surgery for a detached retina, new Greek Prime Minister Antonis Samaras has written the EU a letter asking them not...