PASOK
Economy
Samaras' Coalition Ready to Lower the Boom on Greeks
With decision on $14.6 billion in new budget cuts stuck in limbo for weeks, Prime Minister Antonis Samaras is set to meet with his coalition partners on Sept. 20 to finalize the measures before presenting them to the Troika...
Economy
Greeks Oppose Austerity But Support Eurozone
In a continuing contradiction, a poll shows that 68 percent of Greeks are against the harsh austerity measures imposed by the government on the orders of international lenders to keep lifeline loans coming - but just as many don't...
Economy
Tsipras Calls for Mass Protests Against Austerity
Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras has dismissed hopes that Greece would get two-year extension to meet reduce its deficit and impose more austerity on orders of international lenders as a failed scheme he said would...
Economy
Samaras Says Grexit Would Be Catastrophe
Again pleading for more time to lower Greece’s deficit and make more deep spending cuts on orders of international lenders, Greek Prime Minister Antonis Samaras repeated his warning that the alternative – Greece being forced out of the Eurozone,...
Economy
Austrian Finance Minister Says More Time For Greece
Greek Prime Minister Antonis Samaras’ hopes that Greece will get an additional two years to make spending cuts and reduce its deficit got support from Austrian Finance Minister Maria Fekter, whose country is one of the 17 in the...
Economy
Tsipras Envisions a "Post-Troika" Greece
Coalition of the Radical Left (SYRIZA) leader Alexis Tsipras, who has been mostly silent for months while the uneasy coalition of Prime Minister Antonis Samaras has been preparing $14.6 billion in budget cuts aimed primarily at the poor, workers...
Economy
Greece Ready To Tax Those In Poverty
Looking everywhere for cash, a frantic Greek government is reportedly ready to scrap the tax-free threshold of 5,000 euros, or $6,561 a year and make the desperately poor pay taxes for the first time.
The level had been reduced to...
Economy
Lagarde, EU, Say Greece May Get More Time
Greece may get more time to reduce its deficit and impose more harsh austerity measures – but not more money – International Monetary Fund chief Christine Lagarde said after a meeting of EU finance ministers in Cyprus.
Prime Minister Antonis...
Economy
Venizelos, Kouvelis Tell Samaras: No Worker Firings
With international lenders turning the screws on Greece - including extending working hours to 78 hours a week and raising the retirement age to 67 - Prime Minister Antonis Samaras was unable to convince his reluctant coalition partners, PASOK...
Economy
Papoulias Tells Troika to Stop "Merciless Lashing"
As talks between Greece’s coalition government and international lenders over a plan to cut $14.6 billion in spending remained stalled, and anger and unrest were growing, President Karolos Papoulias said the country has suffered enough and urged an end...