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New Democracy

Showdown Day on Greek Multi-Bill

Greek Prime Minister Antonis Samaras' uneasy coalition government faces a challenge on July 17 when a reform bill with more than 100 items, including schemes that could lead to the firing of as many as 40,000 public workers goes...

Greek Job Cuts Protest Fizzles Out

Thousands of protesters took to the streets of Athens on July 16 during a 24-hour general strike called by the country's two largest labor unions, ADEDY representing public workers and GSEE representing private workers. It came a day ahead of...

Samaras Tells Banks To Start Lending

With the Greek government moving to recapitalize and stabilize banks, Prime Minister Antonis Samaras told the heads of the four biggest financial institutions that they should start lending against to to help ease the shortage of liquidity and boost...

Parliament Votes to Indict Papaconstantinou

Former finance minister George Papaconstantinou will face a panel of judges on charges of tampering with a document and breach of duty after being indicted by the Greek Parliament in a secret ballot so lawmakers names wouldn't be revealed....

Greeks Squeezed For 7B Euros In Taxes

With expected tax revenues far off expectations because of the effect of austerity measures, Greek taxpayers are being pushed to come up with 7 billion euros ($9.13 billion) in tax payments due this year at the same time the...

Venizelos Faces Angry Protests in Crete

Greek Deputy Prime Minister Evangelos Venizelos, the PASOK Socialist leader who was named to the key post by Prime Minister Antonis Samaras, the New Democracy Conservative leader, after reversing his opposition to the firing of public workers, had to...

Samaras Says Greeks Back Firings

Despite waves of building protests and a general strike of public and private workers set for July 16 - the day Parliament votes on a reform package to sack 15,000 state workers and put another 25,000 in line to...

SYRIZA Tries To Find Its Roots

Greece's major opposition party the Coalition of the Radical Left (SYRZA) on July 10 began a five-day conference hoping to unify its diversified base and find common ground against the government of Prime Minister and New Democracy Conservative party...

Kouvelis Skewers Samaras, Venizelos

Democratic Left leader Fotis Kouvelis, who took his party out of Prime Minister Antonis Samaras' previous coalition government, said he walked out because the Premier and PASOK Socialist leader had conspired to set up an administration without him and...

Samaras Sends More Austerity To Parliament

Prime Minister Antonis Samaras has forwarded to the Parliament that his coalition government controls a bill that imposes more of the austerity measures he vowed not to implement and which begins the process of firing redundant workers hired for...