With Greece’s privatization program far behind schedule, a Greek prosecutor now is reportedly investigating one of its few successes, the sale of the gambling monopoly […]
Prime Minister Antonis Samaras said Greece does not need a third bailout and that he has put the country on the road to recovery later this year.
Prime Minister Antonis Samaras says he’ll use a surplus to ask international lenders to accept losses as a previous government did with private investors and bondholders.
Greek finance chief Yannis Stournaras said it would have been a disaster for Greece if he had relented to three billion euros in cuts.
He hasn’t been right yet, but Bank of Greece chief George Provopoulos said this is finally the year that the beleaguered economy will mount a comeback.
Greece’s powerful shipping industry said it will fight plans by the government to triple a capacity tax on vessels after it agreed last year to a doubling.
SYRIZA leader Alexis Tsipras says if he ever comes to power, he would revise the terms of international bailouts and give the lenders a 33 percent haircut on what Greece owes.
While Greece says the economy is on a path to recovery, worried European Union leaders think the country won’t be able to repay $325 billion in two bailouts for half a century.
Former Premier and previous PASOK leader George Papandreou says German Chancellor Angela Merkel forced him to go to the IMF for rescue loans, which came with harsh austerity measures.
Leading Greek writers and publishers gathered at a bookstore in central Athens on Feb. 4 to express their opposition to the proposed lifting of price controls on books sold in the economically depressed country. International rescue creditors are pressing for market deregulation.