Politics
Economy
Supreme Court Wants Bakoyianni Immunity Lifted for Probe
ATHENS – Greece’s Supreme Court said it will ask a new Parliament to be formed after May 6 elections to lift the immunity of Democratic Alliance leader Dora Bakoyanni so she can be investigated in connection with the alleged...
Economy
Greek Lawmakers Set Aside Help for Debtors
ATHENS – After approving $40 million in state funding for political parties and ratifying more austerity measures for cash-crunched Greeks, the Parliament set aside a bill that would help ease household debt saying there was not enough time to...
Economy
Greek Elections Set for May 6, Campaigning Under Way
ATHENS – With the posting of a bill on the Parliament wall, elections to choose a new leader for Greece have been set for May 6. Polls show the two parties that have long dominated the country - PASOK’s...
Greece
Former Socialist Minister Akis Tsochatzopoulos Arrested for Money Laundering
Former Socialist Greek minister Akis Tsochatzopoulos was arrested on Wednesday on money laundering charges by the judicial authorities. Tsochatzopulos was called in by officials from the finance ministry's anti-fraud squad. The authorities will consider the issue of temporary detention....
Greece
Papademos Calls For Elections May 6
Greek Prime Minister Lucas Papademos said Wednesday that the country will go to the polls May 6, as expected, in elections likely to create a fragmented government appointed with the task of implementing more painful austerity measures.
During a cabinet...
Economy
The Number of Public Workers in Greece Declines, says Census
ATHENS – It doesn’t include untold thousands in state-run enterprises, but the second census of Greek workers in two years has found there are officially 705,976 people on the public payroll, down from 768,009 in 2010, even as Greece...
Greece
Country's Two Main Parties Barely Reach 30% says Opinion Poll
The days of the two-party system in Greece are numbered, according to a new opinion poll carried out by GPO for the television channel Mega. The poll shows that the two major parties to have governed the country since...
Greece
Samaras Warns Again Of Fresh Elections
Antonis Samaras, head of the center-right New Democracy party and most likely to win coming Greek elections, warned again he may force a second poll if he is unable to secure a majority in parliament.
Speaking to privately-owned Mega television...
Economy
Greek Lawmakers OK $40 Million for Their Parties
ATHENS – As Greeks struggle under a barrage of pay cuts, tax hikes, slashed pensions and the coming firing of 150,000 state workers, lawmakers have approved nearly $40 million in government aid for their own political parties as taxpayers...
Economy
New Democracy, PASOK Still Sliding, Golden Dawn Rising
ATHENS – With less than a month before an expected election to choose a new leader, support is waning for the two major parties that have taken turns ruling Greece for more than 35 years, the New Democracy Conservatives...
Economy
Samaras Attacks Venizelos, Rejects Post-Election Coalition
ATHENS – With his party slipping in the polls as elections loom to find a new leader for Greece, New Democracy Conservative leader Antonis Samaras kicked off his campaign trying to explain why he did an about-face by agreeing...
Economy
Venizelos Says More Cuts May Be Needed
ATHENS – With elections approaching, the PASOK Socialist party’s new leader Evangelos Venizelos, who just stepped down for now as Finance Minister in a shaky hybrid government-ruling Greece, said despite two bailouts from international lenders, including a second for...
Greece
Protesters Injure Policeman After Memorial Service for Retired Pharmacist Who Shot Self
Greek protesters marching in memory of a man who killed himself over financial woes that he blamed on the government attacked a policeman in Athens on Saturday, leaving him bloodied and stealing his bulletproof vest.
The demonstrators marched after a...
Greece
Venizelos: Germany Has Gained 400 Million Euros From the Greek Crisis
So far, Germany has gained 400 million euros from the Greek crisis, Evangelos Venizelos said today in an interview for the weekly Der Spiegel. Up to now Venizelos said, the German goverment borrows money "for almost free" and then lends...
Cyprus
Papademos: Partition is no Option for Cyprus
The Greek Prime Minister Loukas Papademos has made it clear that partition is no option as far as a political settlement in Cyprus is concerned, reiterating that a solution must be in line with UN decisions and provide for...