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Greece Latest News

Thursday May 17, 2012
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  • Breaking the eurozone's self-defeating cycle of austerity | Mark Weisbrot - Greece Latest (Friday, 27 April) - While a beleaguered IMF and ECB try to hold the line, voters all over Europe are rebelling against their punitive fiscal orthodoxyIt has become a ritual: every six months, I debate the IMF at their annual meetings, the last two times represented by their deputy director for Europe. It takes...
  • Anti-austerity movements gaining momentum across Europe - Greece Latest (Friday, 27 April) - As economies falter, established political parties feel the heat from leftwing and far right groupsFrom the anti-austerity firebrands of Greece's imminent elections to the corruption crusaders in Prague, from the Pirates of Berlin to the populists who scored well in France's presidential election, a new wave of anti-establishment parties are...
  • Simitis: We were spark, not cause, of eurozone crisis - Greece News (Friday, 27 April) - Former prime minister Costas Simitis has said that Greece was not the spark, but merely exposed, the inherent flaws in the eurozone. In an opinion piece in Friday's Guardian, Simitis, who was prime minister from 1996 to 2004, maintains that the cause of the eurozone crisis is the fact "that...
  • Press Watch, Apr 27 - Greece News (Friday, 27 April) - Athens dailies paid much attention to Radical Left Coalition (Syriza) leader Alexis Tsipras’ statement that if a leftwing coalition came close to a parliamentary majority, it could accept five votes from Panos Kammenos’ Independent Greeks (an ND splinter party) in order to form a government. The pro-Pasok press ravaged Tsipras,...
  • News bites @ 10 - Greece News (Friday, 27 April) - 1. SAMARAS IN SPARTA Citizens, and young people in particular, need to believe in Greece, the New Democracy said on Thursday, arguing that "each of us can work miracles [and] prove that Greece will succeed". Antonis Samaras was addressing an indoor audience in the Peloponnesian city of Sparta. "We shall...
  • Greece did not cause the euro crisis - Greece Latest (Thursday, 26 April) - Yes, my country was the spark, but it merely exposed the inherent flaws within the eurozoneDuring the recent debate in the parliaments of many eurozone member states regarding the approval of the new €130bn loan to Greece, some members questioned whether the country had been ready to participate in the euro...
  • Govt condemns Turkish drilling in Cyprus - Greece News (Thursday, 26 April) - The foreign ministry on Thursday sharply condemned the exploratory drilling launched by a Turkish firm in the region of Sygkrasi (Sinirustu in Turkish) near the town Famagusta in the Turkish-occupied northern third of Cyprus. Foreign ministry spokesman Grigoris Delavekouras, referring to the drilling by a Turkish petrol company, stressed that...
  • Govt cancels purchase of C-27 aircraft - Greece News (Thursday, 26 April) - The Government Council of Foreign Affairs and Defence (KYSEA), that convened on Thursday afternoon under the chairmanship of Prime Minister Lucas Papademos, decided to cancel the buying of the remaining four C 27 transport aircraft. According to relevant government sources, the 8 of the 12 that Greece has ordered from...
  • Chrysochoidis stresses Turkey role in migrant issue - Greece News (Thursday, 26 April) - Addressing a meeting of the EU Justice and Home Affairs ministers' council meeting in Luxembourg on Thursday, Greece's Citizen Protection Minister Mihalis Chrysohoidis repeated a call for full implementation of a treaty for the readmission of immigrants between the EU and Turkey. The meeting focused on the humanitarian crisis unfolding...
  • Government delays may short circuit elections - Greece News (Thursday, 26 April) - A warning that government delays might mar the smooth organisation of elections on May 6 was issued on Thursday by the board of the Greek judicial employees union federation. The union expressed intense concern that joint ministerial decisions needed to organise the attendance of judicial representatives and set up election...