Politics
Greece
Election Expected in February, Venizelos Says
Greece is likely to go to the polls for an early election in February, Finance Minister Evangelos Venizelos said Monday, as the cash-strapped country attempted to hammer out details of a national unity transitional government.
'The most likely date is...
Economy
Papademos Said to be Greece’s Interim Leader Choice
ATHENS – With the political infighting over, Greece’s interim Prime Minister to head a coalition government to enable the country to keep getting critical international loans seems likely to be former European Central Bank (ECB) Vice-President Lucas Papademos. The...
Greece
Papandreou to Step Down-New PM and Government to Be Announced Today
After backtracking numerous times and repeatdely sending out conflicting signals about[...]
Greece
Greek President to Host Talks with Papandreou and Samaras
Greece's president K. Papoulias is to convene a meeting between the country's embattled prime minister and the head of the main opposition party in an attempt to broker power-sharing talks and find a way out of a severe political...
Australia
Australia in Support of Greece’s Way Out of Crisis
The Australian PM Julia Gillard, during the G20 Summit in Cannes, told France that the European leaders must act fast and prevent Greece from a total financial collapse. The Prime Minister also claimed that her country is ready to...
Greece
Polls Show Stronger Support for Unity Government Plan
The wide majority of Greek citizens prefers the forming of a national unity government rather than holding early general elections, according to the results of two opinion polls released on Saturday in Athens.
A poll by ALCO, commissioned by Proto...
Greece
Samaras to Meet President on Sunday-Insists on Snap Elections
Greek conservative opposition leader Antonis Samaras on Saturday repeated his demand that Greek Prime Minister George Papandreou resign and the country move to snap elections.
Samaras, head of the New Democracy party, said he still backed the idea of a...
Greece
Papandreou Open Talks on Crisis Government
George Papandreou Saturday scrambled to form a national crisis government to implement a crucial eurozone rescue package, fresh from winning a nail-biting confidence vote.
After an hour-long meeting with President Carolos Papoulias, Papandreou emerged to tell a scrum of reporters...
Greece
Venizelos Could Take the Helm
Should George Papandreou step down, the man widely tipped to take over the role as Greek PM, at least temporarily, would be the Finance Minister Evangelos Venizelos.
Divisions with Papandreou became immediately apparent last Monday when the PM announced his...
Greece
Papandreou Survives Confidence Vote, Coalition Looms
ATHENS – After delivering the speech of his life with a plea for divided Greeks to rally round the flag and keep international aid coming, Prime Minister George Papandreou was given a vote of confidence[...]
Greece
Moment of Truth for Papandreou
Today is another crucial day for Greece. The debate on the vote of confidence on the socialist government, asked by Premier G. Papandreou himself, will come to a conclusion at midnight, but the outcome is highly uncertain after the...
Greece
Barroso Expects Greece To Form Government Of National Unity
European Commission President Jose Manuel Barroso Friday said he expects Greece to form a government of national unity and to approve its bailout package.
"I think that΄s what is going to happen , because what is the other option for...
Economy
Venizelos: Country Needs EUR80 Billion For Seventh Loan Tranche In Feb
Greek finance minister Evangelos Venizelos told lawmakers Thursday that the country needs EUR80 billion to cover its financing demands by the time it is due to receive the seventh tranche of its first rescue package in February.
"The seventh tranche...
Economy
Papandreou Scraps Bailout Referendum, Seeks Coalition Government
ATHENS – Faced with defections by his Finance Minister, Cabinet official and Members of Parliament of his ruling PASOK Socialist party, Prime Minister George Papandreou has quickly withdrawn his plans[...]
Economy
France's Europe Minister: Euro Zone Can Do Without Greece
France΄s European Affairs Minister Jean Leonetti Thursday said the euro zone can "do without" Greece, in an interview with French radio station RTL.
"Greece is something that we were able to deal with and, at the same time, something that...