LAOS
Economy
Greece’s Tax Evasion Prosecutors Quit, Blame Political Interference
ATHENS – As Greece continues to bury its workers, pensioners and poor with waves of taxes to keep the country from going bankrupt, the two prosecutors in charge of going after tax cheats costing the country more than $60...
Economy
Voridis vs. Venizelos: Arguments Erupt and Things Get Personal
ATHENS – The building tension in Greece’s shaky coalition government boiled over in a Cabinet meeting, when PASOK Socialist Finance Minister Evangelos Venizelos tangled with far Right-Wing LAOS Infrastructure Minister Makis Voridis over proposed changes in laws over the...
Economy
Pension Battle Cracks the Greek Coalition
ATHENS – Interim Prime Minister Lucas Papademos’ six-week old shaky coalition government is showing signs of splitting over a refusal by the conservative New Democracy partner to cut auxiliary pensions in another cost-cutting scheme to keep Greece from going...
Economy
No Holiday for Greek Government: Make or Break Time
ATHENS – As the bad economic news keeps piling up for Greece - retail sales for this year were down 30 percent, and storeowners say people are window shopping but not buying much for Christmas - the shaky coalition...
Economy
Greece’s Investors Reluctant to Take a Bath
ATHENS – Only a day after Greek officials said they were optimistic about reaching an agreement with banks and investors to write down as much as 50 percent of the country’s debt, reports said many are balking at the...
Economy
Greece: The Incredible Shrinking Country
ATHENS – Even as interim Prime Minister Lucas Papademos, who is leading a temporary coalition government, insisted that he’s on track to keep international aid coming and eventually right the technically-bankrupt country, statistics show the economy is contracting worse...
Economy
IMF Says Greeks Taxed-Out; 150,000 Will Lose Their Jobs
ATHENS – Buried under waves of austerity measures, beleaguered Greeks shouldn't have to suffer any more tax hikes, one of its principal international lenders, the International Monetary Fund, said, but the government is still proceeding with plans to reduce...
Economy
Call for Coalition Government to Stay On Until 2013
ATHENS – Following remarks from New Democracy party leader Antonis Samaras that elections tentatively scheduled for Feb. 19 will probably have to be rescheduled because a temporary coalition government won’t be able to finish the work of keeping international...
Economy
Papandreou Under Pressure to Quit as PASOK Leader
Almost a month after he resigned as Prime Minister, George Papandreou is clinging to power as the head of the embattled PASOK Socialists, but a growing number of lawmakers and former ministers[...]
Economy
Another Greek Strike Draws Yawns, No Violence
ATHENS – After 18 months of protests, riots and strikes, another walk off the job by Greek workers on Dec. 1 shut down many services in the capital and elsewhere in the country, but there was no repeat of...