Antonis Samaras
Economy
Austerity Drives Down Greek Deficit
Austerity measures that squeeze Greek pocketbooks are making an impact. Greece cut its deficit by a third last year, to 6.5 percent from 9.4 percent in 2011.
The government expects to cut the deficit to 4.3 percent by the end...
Economy
EU Says Greek Shrink 4.4%
In a report that is already outdated, the European Commission has projected the Greek economy will contract 4.4 percent this year, the deficit reach 4.6 percent of Gross Domestic Product (GDP) – and that unemployment would reach 27 percent,...
Economy
Samaras Sees Rocky Road Before Recovery
Greek Prime Minister Antonis Samaras has warned his Cabinet that despite an infusion of $69 billion in rescue loans and more expected, that the country faces months of social upheaval as more austerity measures are worsening a deep recession.
Samaras...
Business
Qatar Eyes Purchase of Astir Palace
Prime Minister Antonis Samaras’ trip to Qatar to persuade officials that Greece needs its investments is paying more dividends after a report that the wealthy Gulf State is in talks to the Astir Palace, a beachfront resort in Athens...
Europe
Hollande Receives Friendly Welcome in Greece
The French press highlighted the warm welcome French President Francois Hollande received in Greece, as well as his confidence in the country. He came to Greece to send not only "a message of friendship, but a message of support, a message of trust, a...
Economy
Four PASOK MP’s Return to Fold
As he approaches a critical party congress and challenges to his leadership, PASOK Socialist leader Evangelos Venizelos has allowed four Members of Parliament he had ejected for not following his orders to support austerity measures to come back to...
Economy
Anti-Austerity Protests Draw 60,000 in Athens
Enraged by more coming pay cuts, tax hikes and slashed pensions, an estimated 60,000 people converged on the center of Athens on Feb. 21 during a 24-hour general strike that shut down services.
Ferries stayed in port, schools closed, public...
Australia
Greek-Aussies Ask Samaras’ Tax Help
The Cretan Federation of Australia and New Zealand have sent Greek Prime Minister Antonis Samaras a letter inviting him to personally intervene and address the taxation issue of Greek-Australians in Greece.
The Diasapora is mobilizing over the issue, as seen...
Economy
Qatar Renews Hellenikon Development Bid
After dropping out of the running to develop the former Athens International airport site on the city’s south coast, a prime piece of land that was supposed to become the biggest green space park in Europe, Qatar is reportedly...
Economy
Papoulias Says Greece Ready To Explode
With more evidence that austerity measures demanded by international lenders in return for bailout loans have backfired and made Greece’s economy worse, President Karolos Papoulias said he fears the government’s squeezing of taxpayers will blow up in the country’s...