Politics
Economy
Greece Seeks Settlement With Siemens On Bribery Charges In Coming Days
Greece has authorized its finance and justice ministers to seek an out-of-court settlement with German conglomerate Siemens AG (SI) in the coming days over bribery allegations, a senior government official said Thursday.
"Finance Minister Evangelos Venizelos and Justice Minister Miltiadis...
Economy
Samaras Gives EU a Letter, but Not a Contract
With pressure building on him to sign a bailout deal that would give Greece $175 billion more[...]
Economy
General Strike in Greece Set for Dec. 1
The new coalition government led by interim Prime Minister Lucas Papademos is not getting a reprieve from Greek workers, who will take to the streets on Dec. 1 to keep up their protest against austerity [...]
Economy
New Greek PM Completes First Series of European Visits
Greek PM Lucas Papademos met with Eurogroup head Jean-Claude Juncker in Luxembourg Tuesday and ECB President Mario Draghi right afterwards in Frankfurt, ending a series of meetings with European leaders since last week.
On Monday November 14, Papademos met with...
Australia
Arthur Synodinos’ First Speech Before the Australian Senate
Athanasios (Arthur) Synodinos who has recently entered the Australian Senate is going to give his first speech before the members of the Senate on Wednesday.
The election of Synodinos followed the retirement of former senior minister Helen Coonan earlier in...
Economy
Juncker Says Greece to Deliver Written Commitment by Nov. 29
Luxembourg’s Jean-Claude Juncker, who leads the group of euro-area finance ministers, said Greece’s political parties will submit their written commitment to austerity measures by Nov. 29.
“It was not foreseen that Mr. Papademos would have a letter in his pocket,...
Economy
Troika Loan on Hold, Xmas Bonus, Pensions at Risk
ATHENS – Greece’s interim Prime Minister Lucas Papademos, who is overseeing a shaky coalition of three parties, is trying to persuade international lenders to release a delayed $11 billion loan installment, without which the country will not be able...
Economy
Power Strikes Loom, Lights Out in Greece?
ATHENS – Even Greeks inured to 18 months of protests, riots and strikes may not be ready for the next action against austerity measures: a wave of rolling 48-hour work stoppages planned by the labor union that oversees workers...
Economy
Report: Troika Backs Down to Samaras, No Signatures Needed
Reversing itself after insisting that leaders of Greece’s new coalition government would have to sign[...]
Greece
Greece, Turkey, and Bulgaria Discuss Gas Pipelines Project
Greek Minister of Environment, Energy and Climate Change Yiorgos Papakonstantinou had meetings with Turkish Energy and Natural Resources Minister Taner Yildiz and Bulgarian Energy Minister Traicho Traikov within the 3rd Black Sea Energy and Economic Forum (BSEEF), organized by...
Economy
Venizelos Unveils Rosy 2012 Budget Draft
ATHENS – As Greece continues to teeter on the edge of bankruptcy and is surviving on a series of international loans, Finance Minister Evangelos Venizelos presented a 2012 budget blueprint that said the state would take in more money...
Economy
Annual November 17 March Becomes Public Defiance Test for New Government
Thousands of protesters joined the annual November 17 march in Athens on Thursday on the one hand paying tribute to the student uprising against the junta regime in 1974, and on the other hand protesting against austerity measures imposed...
Greece
The Protest of Nov. 17, 2011 Wasn't About 1973
Clashes broke out between police and scores of hooded youths taking part in a march in central Athens[...]
Economy
Papademos Gets Confidence Vote from His Parliament
ATHENS - Interim Prime Minster Lucas Papademos, as expected, easily won a vote of confidence from the Parliament his fractious coalition government controls for the next few months. Papademos, who oversees a shaky deal between the PASOK Socialists and...
Cyprus
Christofias Meets Eroglu in Reunification Discussions
Today was the first meeting between President of the Republic of Cyprus Demetris Christofias and President of the pseudo-state TRNC Dervis Eroglu after their two-day tripartite meeting with UN Secretary General Ban Ki-Moon on October 30-31 in NY.
Their meeting revolved around...