Greece isn’t just broken. It’s broke. Six years and 326 billion euros in three bailouts later, the economy is worse, with debt hovering around 175 percent of GDP.
Eurozone finance ministers will convene in Brussels on May 9 to confer on economic reforms, a meeting that could decide Greece’s fate.
Trying to rebuild a battered party, New Democracy leader Kyriakos Mitsotakis has proposed radical changes to make it more transparent.
The To Potami centrist party has lost former New Democracy minister Haris Theoharis, who quit but will stay in Parliament as an Independent.
Parliament has approved a government’s proposal for a committee of MPs to investigate the granting of loans to political parties and the media.
Under new leader Kyriakos Mitsotakis, the New Democracy Conservatives are pulling away fast from the ruling Radical Left SYRIZA in a survey.
Greek banks now hold more than 83 billion euros ($97.95 billion) in bad loans as international lenders are pressing for homes to be confiscated.
Greek Defense Minister Panos “Fickle” Kammenos likes living large but is a man of his oft-broken word.
The major opposition New Democracy Conservatives have taken an eight point lead over the faltering Radical Left ruling SYRIZA in a survey.
With a EU deal to swap refugees with Turkey stalled since its March 20 starting date, Greece is scrambling to deal with them while it’s on hold.