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New Democracy

Samaras Readies September Strategy

Coasting on a boost from his meeting with U.S. President Barack Obama in Washington, D.C. during Congress' summer recess when there were few official visits going on, Greek Prime Minister Antonis Samaras returns to political reality in preparation for...

Stournaras Wants Troika to Cut Greek Debt

While many analysts contend that Greece won't turn the corner for years, Finance Minister Yannis Stournaeas, the country's champion cheerleader, said Athens will press its international lenders for debt relief beginning in November if a primary surplus can be...

Greek Businesses Evade Tax Man

Greece's hopes of boosting the economy by cutting the Value Added Tax (VAT) in eateries from 23 to 13 percent for a five-month trial are failing from the get-go as inspectors have found about 50 percent of all businesses...

SYRIZA Downplays Obama-Samaras Meeting

Greece's major opposition party the Coalition of the Radical Left (SYRIZA), not unexpectedly didn't think much of Greek Prime Minister and New Democracy Conservative leader Antonis Samaras' Aug. 8 White House meeting with U.S. President Barack Obama. SYRIZA stressed that...

Brazil Backtracks On IMF Greek Snafu

Distancing itself from its own representative to the International Monetary Fund (IMF) who abstained from a vote on more aid for Greece after declaring the money would never be repaid, Brazil said the incident was all due to a...

SYRIZA-ND vs. Golden Dawn Pitched

Politics makes strange bedfellows indeed, but this could be the strangest one yet: the New Democracy (ND) Conservatives and their bitter enemy, the major opposition party Coalition of the Radical Left (SYRIZA). That's the idea of SYRIZA outspoken MP Petros...

Troika Wants Greek Homes Repossessed

Greece's international lenders are pressuring the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras again to lift a ban prohibiting banks from confiscating homes worth more than 200,000 euros ($260,000) of Greeks who can't...

No Plan B for Greece Says Stournaras

Greek Finance Minister Yannis Stournaras, who is placing all his bets on austerity and hopes for growth to offset a crushing economic crisis, said it had better work because there's no backup Plan B in place. Despite that, he said...

Greece Mulls Lifting Home Seizure Ban

Despite a lingering economic crisis, the coalition government led by Prime Minister and New Democracy Conservative leader Antonis Samaras wants to lift a ban on repossession of homes of people who can't afford to pay mortgages with their pay...

New Democracy Warns Of SYRIZA Uprising

With Greeks fleeing to their villages and vacations for August, the coalition government headed by New Democracy Conservative leader and Prime Minister Antonis Samaras is gearing up for trouble when they return next month and expected protests against the...