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Politics

Greek Banks Could Nix Loans to Ship Owners

ATHENS – Greece’s shipping industry, which pays no income taxes to its homeland, may find it difficult to get more financing from Greek banks because of the economic crisis that has created a deep recession and has threatened to...

Former Minister's Wife Remanded in Custody on Money Laundering Charges

Former minister Akis Tsochatzopoulos’ wife, Vicky Stamatis, was remanded in custody today after the mutual decision of the investigating judge and prosecutor examining the money laundering case. Mrs. Stamatis' brother, Panayotis Stamatis, was released after his sister entered her plea...

Samaras: No Citizenship for Immigrants, Water Cannons for Protesters

ATHENS – Reaching out to Right-Wingers who are leaving his Conservative party ahead of the May 6 elections, New Democracy leader Antonis Samaras said he would get tough on crime, repeal laws giving citizenship to second generation immigrants born...

The Most Bizarre Parties of the May 6 Greek Elections

From the total 36 parties that have filed their applications to run in the May 6 elections, 32 candidates will claim the Greek people’s votes, according to the relevant decision of the Supreme Court of the country. Unlike past years,...

Areti Tsochatzopoulos Imprisoned on Money Laundering Charges

Just like her father, former Greek minister Akis Tsochatzopoulos, Areti headed to Korydallos prison on Thursday, April 26. She was held in custody after her testimony before the examining magistrate. She faces money laundering charges, and the scandal appears to...

Greece Cuts Off Benefits to 200,000 Caught in Fraud

ATHENS – Desperately trying to find ways to save money in the midst of a crushing economic crisis, Greece is cutting off benefits, including pensions, to 200,000 people the government said lied to get checks, were dead, or not...

Candidate MP Vassilis Chitos Financed by Hellenic Intelligence Service

Vassilis Chitos has been a crime news journalist for the past 15 years who decided to enter the elections as a candidate with Panos Kammenos' new political party, Independent Greeks. Independent Greeks has often discussed the subject of political transparency. Now, Kammenos...

Dimas, Lambrakis, Give Away Their Good Names to Politicians

ATHENS – Since it’s apparent that new PASOK Anti-Socialist leader Evangelos “Mr. Tax Man,” Venizelos, the World Heavyweight Bombast Champion, is leading his party to defeat in the May 6 election, and as the leading New Democracy Capitalists are...

Greece Plans to Cut Election Spending by 20%

Greece will pay 20 percent less to hold a general election on May 6 than it cost in 2009, as the government tries to cut down on spending in a second year of austerity measures. The May 6 vote will...

Bank of Greece: Recession Getting Worse, More Cuts Needed

ATHENS – Bank of Greece Governor George Provopoulos has given another dire warning about the country’s economy, foreseeing that the Gross Domestic Product (GDP) will shrink 5 percent this year and urged whomever wins the May 6 elections to...

Olympic Champ Dimas on PASOK Ticket, Lambrakis to New Democracy

ATHENS – Still lagging in the polls as the May 6 elections approach, the PASOK Socialist party has recruited former Olympic and World Champion weightlifter Pyrros Dimas, who had vowed he would never be involved in politics, to head...

Warrant Issued for Former Greek Cyprus Army Chief

A European arrest warrant was issued yesterday against former Greek Cyprus army Chief Petros Tsalikides, charged in connection with a deadly munitions blast, after he failed to appear in court, officials said. According to hurriyetdaily, Tsalikides’ seven co-defendants were in...

Golden Dawn, Smaller Parties Will Get Campaign Air Time

ATHENS – Greece’s curious campaign laws, which allow the ruling parties to dominate television coverage regardless of newsworthiness, have been amended by the country’s highest court, the Council of State, opening the airwaves to smaller political parties, including the...

Greece Risks Leaving Eurozone, Says Venizelos

ATHENS – PASOK Socialist leader Evangelos Venizelos said he believes the May 6 elections will not give his party or their bitter rival opponents of the New Democracy Conservatives a mandate, and that the uncertainty is raising the possibility...

Conservative Leader Promises Lower Taxes‎

Greek conservative leader Antonis Samaras promised on Sunday to cut taxes and increase social spending, without missing the targets set by international lenders, if he wins the May 6 national election. Samaras, the front runner in the race, has often...