ATHENS – Main opposition SYRIZA is undermining the country and obstructing efforts for an exit from the crisis, Prime Minister Antonis Samaras stressed on Oct. […]
TV celebrity Ilias Psinakis, now Marathon’s Mayor, says the town is almost broke, blaming mismanagement by previous officials.
Uncertainty over the government’s survival and future of Greece’s bailout program has spurred a second day of heavy selling on the Athens Stock Exchange, with the main index down a massive 9.4 percent.
The Oct. 15 plunge follows a loss of 5.7 percent the previous day. Yields on Greece’s 10-year bonds also rose sharply, to above 7 percent.
SYRIZA and the Independent Greeks have formed an alliance in a bid to block any candidate for Greek President from the ruling parties.
Greek citizens who have no source of income can begin applying for a monthly stipend of between 200-400 euros as of Nov. 15.
Prosecutor Efterpi Koutzamani ordered an investigation into whether MPs have been bribed in the Greek Presidential ballot next year.
A Greek opposition party demanding that most of the country’s bailout debts be canceled has widened its lead over the governing conservatives.
Greece’s major opposition, poll-leading SYRIZA, said it would not recognize deals the government has made it if comes to power.
Prime Minister Antonis Samaras’ government has to convince the IMF the country is recovering enough to take an exit from bailout deals.
While Greece wants an exit from its bailout deals with foreign lenders, the IMF wants to keep itself tied until a recovery is complete.