Greece’s coalition government is sharply divided over an anti-racism bill that is aimed at controlling the neo-Nazi Golden Dawn party by imposing stricter penalties for assaults, primarily on immigrants, of which the extremists have been accused but which it denies. Prime Minister Antonis Samaras, the New Democracy Conservative leader, reportedly is going to meet with [...]
Tag Archives | Venizelos
French Say Lagarde List Tax Collector
Disputing former Greek finance minister George Papaconstantinou’s assertion that a list of 2,062 Greeks with $1.95 billion in secret Swiss bank accounts he received in 2010 from then French finance chief Christine Lagarde was “unofficial and confidential,” French authorities said it was designed to be used to help find tax cheats. Papaconstantinou is now being [...]
My Greek Drama Blasts Greek Politicians
In her biography My Greek Drama, the woman who led the Organising Committee for the Olympic Games 2004 in Athens, Gianna Angelopoulos-Daskalaki took shots at politicians whose paths crossed hers during that contentious time. She said the book is “a story of life and love, success and failure, betrayal and vindication,” and it is being [...]
Corruption Prosecutors Quit, Hand Over Cases
Ongoing investigators into a myriad of corruption cases in Greece are being turned over to new special prosecutors after the two men handling them, Spyros Mouzakitis and Grigoris Peponis – who had ruffled feathers with their aggressive stance against wrongdoing – decided to step aside, declining an offer to stay in their jobs. Mouzakitis and [...]
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 debt any time soon, IMF spokesman Gerry Rice said. “We do not envision any new (debt) [...]
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 into financial turmoil after the government imposed 74 percent losses on investors in a frantic bid [...]
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 coffers during a time when Papandreou headed the party and was said to have approved expenditures. [...]
Dendias Says Greeks Aren’t Xenophobes
Defending Greece’s roundup of immigrants suspected of being in the country unlawfully, Greek Public Order Minister Nikos Dendias, during a trip to New York, told CNN International that, “The Greek society is not xenophobic at all, rather the opposite.” He spoke to CNN about Greek strikes, social unrest and xenophobia. Asked about the rising numbers [...]
Greek Parliament OK’s Multi-Bill With Firings
By a vote of 168-123 on April 28 just before midnight, the Greek Parliament – as expected – easily approved another set of reforms demanded by international lenders in return for continuing bailouts, including the firing of 15,000 public workers the next two years. The measures were sure to pass because the coalition government headed [...]
Out On Bail, Papantoniou Glad For Euro
Yannos Papantoniou, a former Greek finance minister who propelled the country into the euro 11 years ago – and who is now being investigated over a secret Swiss bank account – said he’s not sorry Greece switched to a currency that skyrocketed prices and put the country under the oversight of lenders who had to [...]
Samaras Says Economy On Road Back
Presenting a unified front with his PASOK Socialist partner Evangelos Venizelos at a project resuming work on a major highway, Greek Prime Minsiter Antonis Samaras said the country’s battered economy is already recovering, despite evidence it is not. During a joint appearance to the Corinth-Patra (Olympia) highway construction site in the Peloponnese, where work had [...]
Piraeus Bank Says Recap Plan Ok’d
With Greek banks on the ropes and awaiting an injection of 50 billion euros ($65 billion) in state funds, the country’s second-largest lender, Piraeus Bank, said shareholders have approved a recapitalization plan that is intended to safeguard the bank’s solvency. The bank said was confident it will raise enough funds through private sources to avoid [...]
-
05 / 23 Samaras Will Follow Ireland’s Lead
-
05 / 23 Turkish Combat Aircraft Over Agathonisi
-
05 / 23 Earthquake Shakes Crete
-
05 / 23 Tsipouro Restaurants in Volos ISO Certified
-
05 / 23 Ukrainians Flock to Crete
Sponsors
Calendar – Exhibits, Concerts, Fun
- Contemporary Theatrical Adaptation of Homer’s Iliad May 22, 2013
- A Greek Portfolio at The Benaki Museum May 22, 2013
- Greek-By-Choice Pedro Olalla Honored May 20, 2013
- AHEPA Day Celebration Hosted In Athens May 20, 2013
