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New Democracy

Faith in Politicians Slim: Poll

Greeks indicate their lack of faith in politicians and political parties is growing, a Skai-Kathimerini poll released Friday indicated. Greeks said Prime Minister Antonis Samaras, leader of the New Democracy Party, is preferred for that position over SYRIZA party leader...

PASOK Loses Another MP, Androulakis Quits

After ejecting six of his Members of Parliament for not supporting a $17.45 billion spending cut and tax hike plan, PASOK Socialist leader Evangelos Venizelos has lost another one after veteran deputy Mimis Androulakis quit the party, adding to...

Greek Parliament OK's Harsh New Austerity Plan

Following a day of peaceful protests followed by violent confrontations between anarchists and riot police right outside, the Greek Parliament, in a dramatic post-midnight vote on Nov. 8, narrowly approved a $17.45 billion spending cut and tax hike plan...

Papandreou Cancels Toronto Speech for Austerity Vote

Without explanation, former Greek prime minister George Papandreou abruptly cancelled a scheduled Nov. 7 speech in Toronto on the Greek economic crisis to fly back to Athens so he could be present when the Parliament votes on a critical...

Samaras' Last Push for Austerity Support

With his shaky coalition on the verge of breaking apart, Greek Prime Minister Antonis Samaras has reached out to lawmakers to back a $17.45 billion spending cut and tax hike plan he promised would be the last round of...

Divided Greece Torn by Hard Times, Austerity

With Greece running out of cash and time, Prime Minister Antonis Samaras’ shaky coalition government faces its most crucial test on Nov. 7 when a 13.5 billion euros ($17.45 billion) spending cut and tax hike plan goes to parliament...

A Test for Samaras as Greece Closes Down

Greek Prime Minister Antonis Samaras’ uneasy coalition government faces its toughest test this week when a $17.45 billion spending cut and tax hike plan aimed squarely at workers, pensioners and the poor goes to Parliament for a vote on...

Prosecutor Probing Venizelos, Papaconstantinou

Former finance ministers from the PASOK Socialist party, George Papaconstantinou, and Evangelos Venizelos – now the party’s head – will be investigated by Parliament to determine whether they were criminally negligent for failing to vet a list of 2,059...

Greece's Wealthy Know How to Dodge Taxes

As the government of Prime Minister Antonis Samaras has put a $17.45 billion spending cut and tax hike plan before Parliament for a vote on Nov. 7, ship owners are fighting to keep their tax-free status and statistics show...

Venizelos Tries to Quash PASOK Mutiny

PASOK Socialist leader Evangelos Venizelos is struggling to keep his party from breaking apart after 17 of his Members of Parliament defied him and voted against a privatization plan demanded by international lenders. PASOK has 33 Members of Parliament, including...