Greek socialist leader Evangelos Venizelos has handed back the mandate to seek partners for a coalition government to the country’s president after three rounds of negotiations proved fruitless. Greek President Karolos Papoulias now takes over negotiations with party heads in a last-ditch attempt to form a cross-party administration. The focus is likely to shift to [...]

Venizelos Fails to Form Coalition Government
Evangelos Venizelos, the Greek Socialist party leader, has been unable to form a national unity government after holding last-ditch talks with rivals, party officials have said. “Venizelos will return the mandate tomorrow to President Karolos Papoulias,” a senior Socialist PASOK party official told Reuters news agency. Separately, Papoulias’s office said he would meet Venizelos on [...]
Greek Socialists and Conservatives Turn Down Leftist Leader’s Ultimatum
Greek leftist leader Alexis Tsipras gave an ultimatum to Antonis Samaras and Evangelos Venizelos, asking them to renounce support for the European Union-led bailout if they want to enter government. Tsipras demanded that the two political leaders send a letter to Brussels cancelling their written pledges to impose more brutal austerity measures by the time [...]

Venizelos: Elections Will Judge If Greece Stays In Euro
Socialist leader Evangelos Venizelos told voters on Friday that Greece may have to abandon the euro if they fail to support him in Sunday’s general election. His last appeal before the poll echoed a stark warning by German Finance Minister Wolfgang Schaeuble, who said earlier that Greece’s next government must abide by the commitments Athens [...]

Venizelos: No New Taxes, Wage, or Pension Cuts If His Party Gets Vote
Greece’s socialist party leader Evangelos Venizelos has promised no new taxes, or across-the-board wage and pension cuts, if his party participates in a coalition government after the May 6 early election. Speaking in front of a select audience of party officials Saturday, the former finance minister said he expected no single party to be able [...]

Greece Will Bail Out Its Banks, But Not Its People
ATHENS – After imposing mandatory losses of up to 74 percent on its own banks, Greece is ready to give it all back through a plan to recapitalize them with $64.4 billion, a bailout paid for by the taxpayers. Greeks who’ve seen their pay cut up to 30 percent or more, taxes hiked, pensions slashed [...]

The Pension Cuts, The “Computer Problem” And Why Greece’s Youth Want To Keep The Elderly Locked Up On May 6
The Ministry of Labor and Social Insurance bombarded the media with information on how the pension cuts will be applied, and now, a few days before the payment of pensions and 15 days before the elections, the ministry faces a “problem” in the system of IDIKA (the Electronic Government - Social Security System), so the new cuts in the main and supplementary pensions will be postponed after the [...]

Samaras Wants to Change Bailout Deal, Venizelos Promises Development
ATHENS – With their parties floundering in the polls as May 6 elections approach, New Democracy leader Antonis Samaras has again asked Greeks to give him a mandate to rule the country outright. His bitter rival, PASOK Socialist leader Evangelos Venizelos, who as Finance Minister doubled income and property taxes and taxed the poor, deepening [...]
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 Greece money at a fixed rate. Schauble Is My Friend Venizelos said that after months of [...]

Socialists See Rise In Poll After Leadership Change
Support for Greece’s Socialists has picked up under the party’s new leader, according to poll results published Sunday, which shows a dip in support for its key conservative rivals. The poll, published in newspaper Kathimerini, showed that the Socialists, also known as Pasok, are seen gathering 15.5% of the vote in upcoming elections, up from [...]

Socialists Rise Slightly After Leader Elections-Polls
Support for Greece’s Socialist party has risen slightly following the election of a new leader of the party this month, three public opinion polls showed Saturday, but the conservative New Democracy party continues to hold a wide lead over their rivals. However, the three polls–in the RealNews, Ethnos and To Vima newspapers–confirmed recent polling trends [...]

From George to Vangelis: Does PASOK Really Stand A Chance?
The white background with a green line, chosen as the background for his first statement as the new PASOK leader, is a good first indication on how Evangelos Venizelos plans to manage the leadership of his party. But the answers he gave in his first interview showed that the new «white page» Mr. Venizelos wants for PASOK is anything but white. The new PASOK, he said, will be a renewed PASOK that respects itself [...]
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05 / 24 EU Leaders Tell Greek Voters to Make “The Right Choice”
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05 / 23 A Crisis of Democracy: Greece
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05 / 23 Fearing Eurozone Exit, More Greeks Stop Paying Taxes
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05 / 23 Market Watch: ‘If Greece Exits Eurozone, Replace It With Turkey’
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05 / 23 Pilot Program Allows Immediate Visa for Turkish Tourists on Arrival to Greek Islands
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08 / 21 Shariah Abolished for Greek Muslims
August 21, 2011
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11 / 30 WikiLeaks Uncovers War Scenario between Greece & Turkey
November 30, 2010
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08 / 02 Decriminalization of Drug Use
August 2, 2011
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12 / 30 11 Reasons Why Greece Really Went Broke in 2011
December 30, 2011
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10 / 31 Shocking Forbes Article: What Greece Really Needs is a Military Coup
October 31, 2011
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