PASOK
Greece
Greece Will Seize Ex-Minister's Foreign Properties
As former Greek defense minister Akis Tsochatzopoulos remains in detention during an ongoing probe into charges he stole as much as 1 billion euros, or $1.27 billion, from defense contracts when he was in office, a magistrate investigating the...
Economy
Troika Gets Tough on Greece: Start Firing People
Greek Prime Minister Antonis Samaras’ hopes to get a quick sign-off from international lenders on his uneasy coalition government’s plan to make $14.6 billion in spending cuts the next two years were dashed when they told him the projections...
Economy
Troika and Greece Can't Agree on Spending Cuts
Envoys from international lenders have said they doubt whether some $2.8 billion in projected savings as part of a $14.6 billion spending cut plan devised by the government led by Greek Prime Minister Antonis Samaras can be achieved, temporarily...
Greece
The Drach Card and Greece's Permanent Austerity
Nothing is as permanent as a temporary tax so Greek Prime Minister Antonis Samaras, attempting to justify punishing workers, the elderly and the poor again while giving privileged professionals, the rich elite and tax evaders a free pass and...
Economy
Tsipras Says Samaras Ducking Parliament's Questions
As Greek Prime Minister Antonis Samaras struggles to get his coalition partners to back $14.6 billion in new cuts, main opposition leader Alexis Tsipras of the Coalition of the Radical Left (SYRIZA) has accused the Premier of being afraid...
Economy
Greek Judges Plan Strike Over Pay Cuts
Greek judges and prosecutors were to meet on Sept. 7-8 to plan a strike action after a deadlock between unionists representing them and Finance Minister Yannis Stournaras, who insisted the government would go ahead with plans for additional cuts...
Economy
Golden Dawn Rises Again, Overtakes PASOK
Capitalizing on growing social unrest over record unemployment, resentment against immigrants and rising crime, and planned new government austerity measures, the neo-Nazi Golden Dawn party has jumped into third place in popularity among Greek political parties, overtaking the once-dominant...
Economy
Greek Unemployment Soars to 24.4% As Unrest Grows
As Greek Prime Minister Antonis Samaras’ coalition government is set to unleash more pay cuts, tax hikes and slashed pensions on beleaguered Greeks, there was new evidence that the austerity measures have backfired with a report showing the country’s...
Economy
Protesting Greek Pensioners Occupy Health Ministry
Several dozen pensioners pushed past police and stormed into the Health Ministry in Athens on Sept. 4 to protest the government’s failure to pay doctors and pharmacists for overdue state insurance bills, which has resulted in the elderly being...
Economy
Greek Cabinet Meets to Finalize Deep Budget Cuts
Greek Prime Minister Antonis Samaras’ Cabinet met on Aug. 31 to rubber stamp more than $14.7 billion in cuts demanded by international lenders in return for continued aid, with salaries and pensions again at the top of the list...