Politics
Economy
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...
Greece
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...
Economy
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...
Greece
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,...
Greece
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...
Economy
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...
Greece
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...
Economy
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...
Economy
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...
Economy
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...
Economy
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...
Cyprus
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...
Economy
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...
Economy
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...
Economy
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...