Stournaras
Economy
Samaras in Crisis Talks Over Budget
In an effort to convince his reluctant coalition partners to support a $17.45 billion spending cut and tax hike plan that is antithetical to their campaign promises to resist more austerity measures, Prime Minister Antonis Samaras has been holding...
Economy
Not So Fast: Troika Says No Deal Yet
Greece’s international lenders have rebuffed Finance Minister Yiannis Stournaras’ declaration that Greece had concluded a deal with its international lenders on a $17.45 billion spending cut and tax hike plan needed to release a delayed $38.8 billion installment to...
Economy
Greek Reaches Deal With Troika, Two More Years
Less than a day after the partners in Greece’s coalition government objected to changes in labor rights as part of a pending $17.45 billion spending cut and tax hike plan pushed by Prime Minister Antonis Samaras, there has reportedly...
Economy
Samaras Tries to Keep Coalition Intact
Greek Prime Minister Antonis Samaras’ uneasy coalition showed another crack on Oct. 23 when Democratic Left head Fotis Kouvelis said he would not go along with radical changes in labor rights included in a $17.45 billion spending cut and...
Economy
Stournaras Pushes to Wrap Up Troika Deal
Greek Finance Minister Yiannis Stournaras said he hopes he can conclude negotiations with international lenders this week on a long-delayed $17.45 billion spending cut and tax hike plan that is needed to release a locked loan installment the country...
Economy
Samaras Meets Merkel in Brussels
Still pressing his case for support, Greek Prime Minister Antonis Samaras met with German Chancellor Angela Merkel in Brussels on Oct. 19 on the sidelines of an European Union summit meeting which began the day before. She had come...
Greece
Greece-Troika Budget Stalemate Continues
Greek Prime Minister Antonis Samaras will go to a European Union meeting on Oct. 18 empty-handed after his coalition partners refused to go along with changes to labor rules as part of a $17.45 billion spending cut and tax...
Economy
No Greek Deal With Troika Before EU Summit
Greek Prime Minister Antonis Samaras' hopes of going to a European Union meeting on Oct. 18 with a finalized package of $17.45 billion in spending cuts and tax hikes imposed mostly on the country's workers, pensioners and the poor...
Economy
Greek Prosectors Doubt Authenticity of Lagarde List
Finance Minister Yiannis Stournaras reportedly is going to ask French officials to deliver the original list of 1,991 Greeks with $1.95 billion in deposits in the Geneva branch of HSBC Bank to check for possible tax evasion after special...
Economy
Blaming Venizelos Over Swiss Bank List, Ragousis Quits PASOK
Angered that his party’s leader, who, as a former finance minister, failed to act on a list of 2,000 Greeks with 1.5 billion euros ($1.93 billion) in deposits in a Swiss bank to check for possible tax evasion, Yiannis...