The President of the European Commission Jose Manuel Barroso expressed his concerns during a press conference today over the election of the far-right Golden Dawn party in the May 6 elections in Greece, underlining that the EU must be particularly “vigilant.” Asked to comment if parties like Greece’s Golden Dawn should be banned in Europe, [...]
Tag Archives | Barroso
EU Says it Can Help Greece Return to Growth, But It Comes With a Price
European Commission President Jose Manuel Barroso told the European Parliament in Strasbourg on April 18 that Greece could return to growth if it sticks to reforms demanded by international lenders, a formula similar to what interim Prime Minister Lucas Papademos said would work, but only if the European Union provides more help. Speaking of the [...]
Greek Elections Set for April 29 – Will Anything Change?
ATHENS – The brief reign of interim Prime Minister Lucas Papademos, the former European Central Bank (ECB) Vice-President who has been ruling since former premier George Papandreou resigned on Nov. 11, 2011, may end on April 29 if Greeks go to the polls to elect a new leader, as that date has reportedly been set [...]
Papademos Gave Up Salary, Rejects Bailout Commissioner
ATHENS - Greece’s interim Prime Minister Lucas Papademos says he gave up his salary as soon as he was appointed three months ago – President Karolos Papoulias did so earlier this month, relinquishing his annual $400,000 pay. Papademos made the revelation following a meeting in Brussels with European Commission President Jose Manuel Barroso, where both [...]
EU Says It’s Not Ready to Help Greece Yet
ATHENS – Despite new austerity measures rammed through the Parliament in the wake of riots that left parts of downtown Athens burning, European Union leaders said they aren’t convinced that Greece is serious about reform and won’t release a second bailout yet of $169 billion to keep the country from going bankrupt. Greece’s coalition government [...]
Papademos Pushes for Broader Parliamentary Support
ATHENS – Interim Prime Minister Lucas Papademos, in a bid to keep together a fractious coalition and get other splinter parties to support a second bailout from international lenders and more austerity measures, said he will meet with Members of Parliament not represented in the temporary government that will rule until new elections in February. [...]
Troika Loan on Hold, Xmas Bonus, Pensions at Risk
ATHENS – Greece’s interim Prime Minister Lucas Papademos, who is overseeing a shaky coalition of three parties, is trying to persuade international lenders to release a delayed $11 billion loan installment, without which the country will not be able to give workers even a reduced Christmas bonus, nor pay pensioners in January, Labor Minister Giorgos [...]
Barroso Expects Greece To Form Government Of National Unity
European Commission President Jose Manuel Barroso Friday said he expects Greece to form a government of national unity and to approve its bailout package. “I think that΄s what is going to happen [there will be a government of national unity], because what is the other option for the Greek people? To have a default and [...]
Papandreou Scraps Bailout Referendum, Seeks Coalition Government
ATHENS – Faced with defections by his Finance Minister, Cabinet official and Members of Parliament of his ruling PASOK Socialist party, Prime Minister George Papandreou has quickly withdrawn his plans[...]
Greece’s Choice: In or Out of the Eurozone
As Greek Prime Minister George Papandreou was being cross-examined by European leaders on his stunning call for a referendum in his country on international bailout loans and the austerity measures he imposed as a condition, German and French officials said it could lead to Greece having to decide whether it wants to keep the euro [...]
Papandreou Meeting EU’s Barroso In Brussels Saturday Evening -PM Office
Prime Minister George Papandreou is scheduled to meet European Commission President Jose Manuel Barroso later Saturday ahead of an E.U. leaders summit Sunday, a spokesman from his office in Athens said. European finance ministers and leaders are holding a series of meetings to tackle Europe’s debt crisis. The talks include a write-down for private holders [...]
Nobel Winner Pissarides Says No Default, But Big Haircut
As Greek leaders are admitting that the country’s investors won’t get paid back all they are owed, Cyprus’ Nobel Prize Winner for Economics Christopher Pissarides has joined the bandwagon of analysts who say the so-called “haircut” could be a 50 percent loss, although he said the country will not default, a prospect many other pundits [...]
-
05 / 24 EU Leaders Tell Greek Voters to Make “The Right Choice”
-
05 / 23 A Crisis of Democracy: Greece
-
05 / 23 Fearing Eurozone Exit, More Greeks Stop Paying Taxes
-
05 / 23 Market Watch: ‘If Greece Exits Eurozone, Replace It With Turkey’
-
05 / 23 Pilot Program Allows Immediate Visa for Turkish Tourists on Arrival to Greek Islands
Calendar – Exhibits, Concerts, Fun
- Thessaloniki: 50 Year Anniversary Commemorated of Seferis Literature Nobel Prize May 23, 2012
- ‘Doctors of the World’ International Conference to be Held in Greece May 22, 2012
- Crete is a Mediterranean ‘Treasure’ of Aromatic Plants and Herbs May 22, 2012
- Crete to Export Products to Australia May 21, 2012
Salonica
19°
