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Andy Dabilis

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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...

Transport Strikes Grind Athens to a Halt

ATHENS - Growing rage – and fear – over the loss of jobs, pay cuts and tax hikes led transportation workers to continue their...

IMF Chief Lagarde Says Patience Thin on Greece

As inspectors for international lenders returned to Athens to determine whether to release an $11 billion loan installment needed to keep the country from going bust, International Monetary Fund chief Christine Lagarde said investors are weary of helping Greece. “If the Greeks do not want our advice[...]

Second Greek Bailout May Be In Jeopardy

As the drumbeat of default expectation grows in Athens, Europe and the United States, German Finance Minister Minister Wolfgang Schaeuble, whose country is footing...

Venizelos Says Greece “Scapegoat” But Will Survive Crisis

With the economic world holding its breath over fears that Greece will default, Finance Minister Evangelos Venizelos told an international audience of bankers in Washington, D.C. that his country[...]

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...

Bad News for Banks: Greece May Not Pay Them

As Greece daily steps closer to defaulting on its loans, Finance Minister Evangelos Venizelos has[...]

Mutiny Brewing in Papandreou’s Party

ATHENS – A day after Greek Prime Minister George Papandreou announced a new wave of pay cuts, tax hikes and slashed pensions to satisfy...

Statistician Says Greece Played Numbers Game, Inflated Deficit

ATHENS – Charges by a former board member of the Hellenic Statistical Authority (ELSTAT) that the government deliberately inflated the size of the 2009...

Soccer Club Owner in Match-Fixing Scheme Gets Off Again

ATHENS – A businessman and soccer club owner who had been on the run for two months after being charged with fixing games before...

Back to the Drach? Papandreou May Let Voters Decide

ATHENS – As  pressure builds on Greece to default, Prime Minister George Papandreou is reportedly mulling a referendum to let the people decide whether...

Greeks Gird for More “Blood and Tears” Economic Hits

With Greece still poised on the edge of bankruptcy and growing predictions the country will fail, Prime Minister George Papandreou said he will institute...

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