Politics
Greece
Vassilios Skouris: One More Candidate for Prime Minister of Greece
One more name, this of Vassilios Skouris was just dropped on the table of the discussions for head of the new Greek coalition government. Vassilios Skouris is the President of the European Court of Justice, former Minister of the...
Greece
Philippos Petsalnikos Another Possible PM for Greece
Countless meetings are still taking place in Athens with Greek Prime Minister George Papandreou and leader of the opposition Antonis Samaras to be leading the discussions about Greece's new coalition government. Many names have been on the table regarding...
Greece
Karatzaferis: This Marriage is Destined to Fail
LAOS leader George Karatzaferis said earlier today that Mr. Papandreou and Mr. Samaras are similar to a couple who is about to get married just because their families force them to.
“It’s like Giannakis doesn’t want to marry Mairoula because...
Greece
Papademos Back in Pole Position
Following contrasting rumours surrounding Lucas Papademos and his chances of becoming the head of Greece's new coalition government, he is now once again considered the frontrunner, according to the television network Skai. The channel says that Panayiotis Roumeliotis, Greece's...
Economy
Greece’s Biggest Tax Evader Owes $118 million
ATHENS – It took threats to investigate Finance Ministry officials who refused to release a list of Greece’s biggest tax evaders who owe the struggling country $56 billion, but a public prosecutor now knows who they are, including number...
Cyprus
Turkish EU Minister Calls Greek-Cyprus Membership in EU a Mistake
Turkey's EU Affairs Minister and Chief Negotiator Egemen Bağış said during his interview on Bayrak TV of the TRNC on Sunday, November 6, that the EU will be like a “limp duck” as long as the Cyprus Problem remains...
Economy
A New Ancient Greek Drama a Long-Running Flop
The machinations between Prime Minister George Papandreou, a Socialist whose two years in office[...]
Greece
Papademos Candidacy For PM Facing Problems
The candidacy of former European Central Bank Vice President Lucas Papademos to head a new interim Greek government is facing hurdles, a senior Pasok Party official said Monday.
At issue, the source said, is a demand by Papademos that the...
Economy
Roesler Refuses to Rule Out Greek Euro Exit
Germany's Economics Minister Philipp Roesler has declined to rule out debt-strapped Greece's withdrawal from the euro, in an interview published Monday.
Roesler told the daily Bild newspaper that Greece has no alternative but to press on with tough reforms to...
Greece
Merkel Expresses 'Respect' for Papandreou Stepping Down
German Chancellor Angela Merkel on Monday expressed her "respect" during a phone call with Greek Prime Minister George Papandreou for his decision to step down, her spokesman said.
"The chancellor, for her part, expressed her respect for the decision of...
Greece
Press Hails Unity Government Agreement
Today the Greek press hails the agreement reached late last evening by the ruling socialist party and the right-wing opposition on the formation of a government of national unity, calling it a "historic" deal.
"In the end the first great...
Economy
Schaeuble: Greece Must Ultimately Solve Its Problems
Euro-zone nations can stall for time but ultimately Greece must solve its own issues, German Finance Minister Wolfgang Schaeuble said Monday.
"Euro-zone solidarity has its limits," said Schaeuble at a seminar on the Future of Europe held at the University...
Greece
Election Expected in February, Venizelos Says
Greece is likely to go to the polls for an early election in February, Finance Minister Evangelos Venizelos said Monday, as the cash-strapped country attempted to hammer out details of a national unity transitional government.
'The most likely date is...
Economy
Papademos Said to be Greece’s Interim Leader Choice
ATHENS – With the political infighting over, Greece’s interim Prime Minister to head a coalition government to enable the country to keep getting critical international loans seems likely to be former European Central Bank (ECB) Vice-President Lucas Papademos. The...
Greece
Papandreou to Step Down-New PM and Government to Be Announced Today
After backtracking numerous times and repeatdely sending out conflicting signals about[...]