PASOK
Cyprus
IMF Says No Greek Debt Restructure
On the heels of issuing a report praising Greece's progress in reforms but criticizing its failure to go after tax cheats, the International Monetary Fund (IMF), one of Greece's international lenders, does not expect a restructuring of the Greek...
Greece
PASOK Audit Shows Dire Financial Problems
The once high-and-might PASOK Socialists will hear the result of an audit on May 9 of its deep financial difficulties that has forced a return to its previous headquarters because it can't pay the rent on more luxurious surroundings...
Greece
Tsochatzopoulos Faces Civil Charges Too
Former Greek defense minister Akis Tsochatzopoulos, on trial with 18 others for corruption charges including money laundering in an alleged scheme to steal hundreds of millions of euros from defense contracts, will have a civil suit filed against him...
Economy
IMF Says Greek Elite Still Protected
After an International Monetary Fund (IMF) report found that Greece was making progress in overhauling its public finances and competitiveness, the government was left to explain why there's been little change in public administration and the failure to go...
Economy
Kouvelis Sees Cabinet Shake In July
Despite repeated denials from Prime Minister Antonis Samaras that he is not going to make changes in his Cabinet, there will be a reshuffling and replacement of some ministers in July, one of his coalition partners, Democratic Left (DIMAR)...
Greece
Dendias Says Golden Dawn Could Be Banned
After the European Union’s human rights chief said that there’s enough evidence of violence being perpetrated by the neo-Nazi Golden Dawn party that has 18 seats in Parliament to outlaw the group, Public Order Minister Nikos Dendias said the...
Economy
Greek Lifetime Job Guarantee In Peril
With the coming firing of 15,000 workers, it seemed that Greece was finally going to bend to demands from international lenders to reduce its bloated public workforce – except that it’s going to hire 15,000 younger workers to replace...
Economy
NBG OK's Bank Recapitalization Plan
The National Bank of Greece (NBG) has approved has approved a recapitalization plan worth 9.76 billion euros ($12.8 billion), insisting it will raise enough money privately to avoid nationalization after Eurobank failed to do so. Greece's banks were brought...
Crime
Venizelos Squeezed To Oust Papandreou
PASOK Socialist leader Evangelos Venizelos has reportedly been urged by party members to eject former Prime Minister George Papandreou, the man he replaced, for alleged financial mismanagement over 114 million euros ($149.2 million) in funds reportedly missing from party...
Greece
Piraeus Lawyers VP Resvanis Kills Self
The Vice-President of the Piraeus Lawyers Association Constantinos Resvanis jumped to his death from the fifth floor of his office building on April 30, officials said, adding that he was facing severe financial problems and had attempted suicide in...