Politics
Economy
Samaras Cancels Prime Minister's Annual Economic Address
ATHENS – With Greece’s already-struggling economy sinking fast and his new coalition government unable to find any answers, Prime Minister Antonis Samaras is ending a tradition that has had Greek leaders for years giving an annual economic speech that...
Economy
Stournaras Wants Tax Cheats to Pay Overdue Fines
ATHENS – Struggling to find ways to cut $14.16 billion in spending and raise more revenues, Greece could realize as much as $1 billion just by collecting fines against convicted tax cheats who haven’t paid, Finance Minister Yiannis Stournaras...
Greece
OECD Head Says Greece Should Stay in Eurozone
PARIS - Despite a crushing economic crisis, Greece should stay in the Eurozone of the 17 countries using the euro as a currency, but must continue to implement reforms at the same time, Angel Gurria, Secretary-General of the OrgThe...
Economy
Greek Labor Analyst Says Jobless Rate Could Hit 29%
ATHENS - With Greece’s unemployment rate already at a record high of 23.1 percent - and 1.15 million people out of work during a crushing economic crisis, the Director of the Labor Institute at Greece’s largest private sector union...
Greece
Greece Ranks Last in EU Waste Management
Greece, struggling through an economic crisis, isn't doing well with waste management either, finishing at the bottom of the 27 member states of the European Union in a report ranking how well countries do in collecting, sorting and dealing...
Economy
Greece Fires Manager for Refusing to Cut Workers’ Pay
ATHENS – The new coalition government led by New Democracy Prime Minister Antonis Samaras has forced the manager of the state nickel producer LARCO to resign after he refused an order to reduce workers’ pay as part of efforts...
Economy
Greece Set to Fire 40,000 Public Workers, Unions Vow Resistance
ATHENS – Under the gun from international lenders to make another $14.16 billion in cuts on top of crushing austerity measures that have hit workers, the elderly and the poor, Greece is set to put some 40,000 workers in...
Economy
Greek School Teachers To Strike When School Starts
ATHENS -Frustrated over falling wages and starting salaries for new teachers of as little as $184 a week - before taxes - Greek school teachers said they would strike the day after the new school year begins on Sept....
Greece
Greek MP Hires Daughter, Causes Public Outcry
New Democracy Member of Parliament Byron Polydoras has struck a nerve with the appointment of his daughter as a permanent employee in his temporary office as the President of Parliament after the May 6 elections that failed to...
Economy
Greek Power Plant Threatens Blackouts to Fight Privatization
The Communist-inspired President of Greece’s most powerful labor union is threatening to have workers at the country’s biggest power plant turn off the electricity around the country in the height of the tourist season to protest government plans to...
Economy
Greek Coalition Quarrels Over Worker Layoffs
ATHENS – Greece’s already uneasy coalition government is fraying further as a dispute has developed between Conservative Prime Minister Antonis Samaras and his Leftist partners, who said they will not go along with a plan being considered to lay...
Greece
Golden Dawn Goes After Immigrant Charged With Assaulting Teen Girl
PIRAEUS -Police said that a gang led by members of the neo-Nazi party Golden Dawn invaded a ship and tried to attack a 21-year-old Pakistani immigrant charged in the beating and sexual assault of a 15-year-old girl on this...
Economy
Layoffs Coming for Thousands of Greek Workers
ATHENS – Saying that “the numbers don’t add up,” for Greece to make 11.5 billion euros ($14.16 billion) in cuts ordered by international lenders to keep lifeline loans coming, Finance Minister Yiannis Stournaras said the new coalition government is...
Greece
Papariga Says Xenios Zeus Immigrant Sweep "Inhuman"
ATHENS - Greek Communist Party Aleka Papariga has denounced the roundup of 6,000 immigrants, under the code name Xenios Zeus, as inhuman and violating their human rights. Papariga stated that, “The Greek police forces are hiding an alternative reality...
Economy
German Magazine Brands Tsipras EU Enemy Number 1
ATHENS - Greek Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, whose party is the main opposition to a new Greek coalition government and has been a firebrand against austerity measures, is the most dangerous politician in Europe,...