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Venizelos

Samaras Tells Ministers To Get Cracking

With Greece's international lenders looking over his shoulder and pressing him to meet fiscal targets or face a cutoff in funding, Prime Minister Antonis Samaras told key cabinet members in the two-party coalition to speed up structural reforms in...

Recapitalized Banks To Fire Workers, Close Branches

The first order of business for Greek banks who are getting 50 billion euros ($65.5 billion) in free money from the government in a recapitalization will be firing workers and closing branches. It is estimated that in the first phase...

What Did Samaras Tell Schaeuble?

German Finance Minister Wolfgang Schaeuble met in Athens with Greek Prime Minister Antonis Samaras for only 40 minutes - 10 minutes longer than scheduled - on July 18 although the city center was shut down all day and all...

Greek Lawmakers OK Job Cuts

With a slim majority of 153 votes in the 300-member Parliament, the coalition government of Prime Minister and New Democracy Conservative leader Antonis Samaras and PASOK Socialist leader Evangelos Venizelos, shortly after midnight on July 18 got approval to...

Showdown Day on Greek Multi-Bill

Greek Prime Minister Antonis Samaras' uneasy coalition government faces a challenge on July 17 when a reform bill with more than 100 items, including schemes that could lead to the firing of as many as 40,000 public workers goes...

Parliament Votes to Indict Papaconstantinou

Former finance minister George Papaconstantinou will face a panel of judges on charges of tampering with a document and breach of duty after being indicted by the Greek Parliament in a secret ballot so lawmakers names wouldn't be revealed....

Greeks Squeezed For 7B Euros In Taxes

With expected tax revenues far off expectations because of the effect of austerity measures, Greek taxpayers are being pushed to come up with 7 billion euros ($9.13 billion) in tax payments due this year at the same time the...

Schaeuble Brokers Greek Investment Deal

German Finance Minister Wolfgang Schaeuble, a hardliner who insists Greece stick to harsh austerity measures in return for bailouts - much of them funded by his country - will be in Athens on July 18 and is to...

New Democracy Still Leads SYRIZA

Continuing a trend in recent polls, the ruling New Democracy (ND) party is maintaining a 1 percent point lead over its major opposition rival the Coalition of the Radical Left (SYRIZA,) a virtual dead heat given the margin of...

Samaras Says Times a-Changin' in Greece

Greece will not change unless it takes on populism and extremism, Prime Minister Antonis Samaras told a meeting of his New Democracy party political committee. “You cannot change a country if you do not fight and win the battle of...