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Politics

Greeks Increasingly Concerned & Angry Survey Reveals

People in Greece are deeply concerned about the economic and social situation in the country and are angry with the political system. This resulted from a survey carried out by Kapa Research on behalf of the Sunday newspaper "To...

"Indignants" Pillorying Greek Politicians

Pillorying Greek politicians has become a daily activity of indignant-protesters who do not hesitate to express their opinion and accuse them about the current situation in Greece. Protesters are really creative and deal with the situation with humor while...

President Papoulias Official Visit to Israel and Palestine

The President of the Hellenic Republic, Mr. Karolos Papoulias will make an official 3 day visit to Israel and the Palestinian Authority that will last until Tuesday, July 12th. Mr. Papoulias will visit the president of Israel Shimon Peres...

Athens Mayor Urges Protesters to Leave Syntagma Square

The Athenian mayor tried to convince protesters to leave from Syntagma Square on Friday. The response of the protesters was immediate and they refused to abandon their positions.  The protesters have been camping for more than a month. “Indignants” stated...

IMF Rewards Greece for its Debt-Reduction Efforts

The IMF's board gave the Greek government's austerity measures the thumbs up by releasing the latest tranche of its first bailout. Its new managing director, however, warned that much work was still to be done. The International Monetary Fund (IMF)...

Premier Asks Ministers to Hurry

Speeding up the implementation of the Medium Term Economic Programme and absolute respect for the scheduled time table: Greek Premier George Papandreou yesterday asked his government for this during a meeting of the relevant government commission. Meanwhile, various economic...

Syntagma Square Demonstrations Turn Violent

Doctors, members of unions, journalists, and witnesses brought charges against Greece and its authorities. "Out of pure luck no one got killed," said doctors and witnesses confronting a hard reality in Syntagma Square, during the 48-hour strike that took place...

Greece Must Boost Growth: German, Greek Ministers‎

The German and Greek finance ministers agreed late Wednesday that Athens must boost its economic growth if the cash-strapped country wants to restore its budget balance. At a dinner in Berlin Wolfgang Schaeuble and Evangelos Venizelos agreed that an austerity...

Spanish Activists Protest at Embassy in Athens

Twenty-one Spanish activists took over the Spanish embassy in central Athens on Tuesday to protest a decision by Greek authorities to ban the sailing of vessels headed for Gaza. The activists, who were on the vessel "Gernica", arrived from the...

Finance Minister: Greece To Return To Markets In 2014

With help from its EU partners and fresh determination, Greece will regain its fiscal sovereignty as soon as possible and aims to return to markets in the middle of 2014, Finance Minister Evangelos Venizelos told Reuters. Greece will stave off...

Leaders of Cyprus Meet with UNSG Ban Concerning Negotiations

On the forthcoming Thursday, leader Dervis Eroglu of the Turkish Republic of Northern Cyprus (TRNC) and President of the Republic of Cyprus Demetris Christofias will have a meeting with UN Secretary General Ban discussing recent developments in ongoing Cyprus...

EU Commissioners Arrive in Athens Shortly

By the end of July the Greek Finance Ministry will have had to begin implementing the new austerity measures laid out in the Medium-Term Plan passed by the Socialist government in cooperation with the country's creditors. Furthermore, it will...

New Finnish Obstacle In Loan Package To Greece

There are new obstacles in the debate on the second bailout loan to Greece, even before it enters the final stages of preparation. Diplomatic sources note that a Finnish parliamentary committee has resurrected the issue of additional collaterals for the...

Eurogroup Chief Jean-Claude Juncker Just Warned That Greek Sovereignty Will Now Be Massively Limited

Eurogroup chief Jean-Claude Juncker just gave an interview to German magazine Focus, in which he said, via Reuters: "The sovereignty of Greece will be massively limited." He also likened the coming wave of Greek privatizations to that of East Germany,...

Eurozone Approves Greek Loan Installment

Eurozone ministers have approved the release of urgent aid to help Greece avoid an immediate default on its debt. And a new bailout for Greece's stricken economy may be in the offing. Eurozone finance ministers have approved urgent financial aid...