Samaras Names Hardouvelis New Greek Finance Minister

By Nikos Chrysoloras and Paul Tugwell  Jun 10, 2014 10:35 AM GMT+0300

(Corrects debt-to-GDP figure in second paragraph, spokeswoman in fifth.)

Greek Prime Minister Antonis Samaras named Gikas Hardouvelis as the country’s new finance minister, replacing Yannis Stournaras in a cabinet overhaul.

Hardouvelis will try to lead the debt-stricken nation out of a six-year recession and strike a deal with euro-area member states later this year on relieving some of Greece’s debt burden. Debt is forecast to peak in 2014 at 177.2 percent of gross domestic product according to the latest review of the country’s bailout program.

Greek journalist-turned-politician rides anti-establishment wave

BY DEEPA BABINGTON AND RENEE MALTEZOU

ATHENS Thu Mar 13, 2014 8:11am EDT

(Reuters) - A television journalist-turned-political crusader promising to shake up Greek politics is winning unexpectedly strong support from voters in the run-up to European elections in May.

Tapping into the disgust felt by many Greeks against established politicians with a call for a grassroots, youth-led movement to solve Greek problems, Stavros Theodorakis has quickly snapped up followers from both the left and the right.

Greece's anti-austerity Syriza party widens lead over conservatives

ATHENS Wed Jan 22, 2014 3:48am EST

(Reuters) - Greece's main opposition Syriza party has widened its lead over the ruling conservatives, a poll found on Wednesday, but most Greeks said they do not trust any party to rule the country.

The poll by Public Issue for the Efimerida Ton Syntakton newspaper found the anti-austerity party would get 31.5 percent of the vote if elections were held now, giving it a 3.5 percentage-point lead over Prime Minister Antonis Samaras's New Democracy.

Local and European Parliament elections will be held in May and Syriza, which has vowed to tear up the multi-billion euro international bailout agreement keeping Greece afloat, hopes a strong showing will strengthen its call for early elections.

Ukraine protests: Two people killed in Kiev clashes

22 January 2014 Last updated at 10:07 GMT

BBC

At least two people have died in clashes between police and protesters in the Ukrainian capital Kiev in a third night of violence.

The clashes began after police moved in to dismantle a protest camp.

Protesters threw firebombs and stones, while the police used tear gas and rubber bullets. At least one of the men who died had bullet wounds.

Women are wielding notable influence in Congress

The Washington Post

By Ed O’Keefe, Friday, January 17, 4:03 AM

After decades of trying to amass power, several women have vaulted to the top of influential congressional committees, putting them in charge of some of the most consequential legislation being considered on Capitol Hill.

The $1.1 trillion spending plan Congress approved this week was the handiwork of Senate Appropriations Com­mittee Chairman Barbara A. Mikulski (D-Md.) and her House counterpart, Harold Rogers (R-Ky.).

In December, when lawmakers approved a budget deal with big majorities in both chambers, credit went to Senate Budget Committee Chairman Patty Murray (D-Wash.) and House Budget Committee Chairman Paul Ryan (R-Wis.).

Greece Struggles to Outlaw Its Golden Dawn Fascist Party

Conservative Government Mounts Risky Effort to Declare Group a Criminal Organization

By MARCUS WALKER and MARIANNA KAKAOUNAKI

Updated Dec. 4, 2013 11:37 p.m. ET
The Wall Street Journal

PIRAEUS, Greece—At a dark crossroads here in September, Greek police kept a safe distance while black-clad activists from the fascist movement Golden Dawn chased and attacked Pavlos Fyssas, a 34-year-old rapper.

The police had long been in the habit of standing by while Golden Dawn's paramilitary squads rolled into action, mirroring the hesitance of Greece's political leadership to deal with the growing movement's muscle. Only after a Golden Dawn member fatally stabbed the rapper did police officers make an arrest, according to 15 police and witness depositions.

A former transport minister in trouble

Greek politics

Dec 20th 2013, 16:15 by K.H. | ATHENS

The Economist

ARE old nepotistic habits finally dying in Greece? The arrest on December 17th of Michalis Liapis, an ex-transport minister and first cousin of a former conservative premier, for driving his SUV with fake number-plates and no insurance, suggests that prominent politicians can no longer count on lenient treatment by the police.

Members of parliament enjoy immunity from prosecution unless their peers vote to remove it, a privilege informally extended to scores of ex-cabinet ministers when they leave politics. Like many Greeks cutting costs because of the crisis, Mr Liapis turned in his number-plates this year to avoid paying road tax after it was sharply increased for owners of luxury vehicles. Stopped by police for running a red light in the seaside town of Loutsa near Athens, he explained he was taking the car for a spin to stop the battery from running down. "I am a pensioner and I too have been affected by the crisis,” he claimed.

Glimmers of hope for Greek future

23 December 2013 Last updated at 00:56 GMT

By Mark Lowen

BBC News, Athens

With predictions of growth in 2014 and unemployment down slightly, there is a feeling of optimism from the government in Athens - but Greeks say they know there are still difficult days ahead.

They come just before sunset - those magical few minutes in which Athens bathes in a deep purple glow.

It is a light I have never seen anywhere else. I often wait for it, looking out at the late afternoon sun.

It sets behind the Acropolis, where the ancient Gods were worshipped, glinting onto the Aegean nearby. Rays dance across the mountains.

Greek Parliament Approves 2014 Budget

Move Comes As the County and Bailout Creditors Are at Odds Over Budget Cuts for Next Year

The Wall Street Journal

Greece's parliament early Sunday morning approved the government's 2014 budget, ahead of an important meeting of eurozone finance ministers next week and despite not having agreed with bailout creditors over further cutbacks needed for next year.

By Nektaria Stamouli

ATHENS—Greece’s parliament early Sunday morning approved the government’s 2014 budget, ahead of an important meeting of eurozone finance ministers next week and despite not having agreed with its bailout creditors over further cutbacks needed for next year.

Golden Dawn Rally: Greece's Ultra-Right Party Holds Protest Outside Parliament

Reuters  |  Posted: 11/30/2013 2:20 pm EST

ATHENS, Nov 30 (Reuters) - About 1,000 supporters of Greece's Golden Dawn party gathered outside parliament on Saturday to protest against the pre-trial detention of their leader Nikolaos Mihaloliakos on charges of forming a criminal organisation.

Clad in black clothes, carrying torches and Greek flags, the ultra-right party's supporters shouted slogans such as "hands off Golden Dawn, don't jail nationalists" to the sound of Greek folk and marching songs.

The protest took place under the watch of riot police, mobilised to shield it from counter-rallies by rival leftist groups nearby. Events unfolded peacefully after police banned all marches in the area to prevent clashes.

China at a crossroads

Robert J. Samuelson

Opinion Writer

The Washington Post

It has been only a few years since China was widely regarded as an unstoppable economic colossus. For three decades, its economy grew about 10 percent annually; China seemed to be gliding through the global economic storm. Well, maybe not. Many economists — Chinese and foreign — think China’s economic model is unworkable. Without a new model, they say, China will someday face a collapse of growth or worse. The outcome has huge implications for China’s internal stability and its global economic footprint. The precedent of Japan, a highflier laid low, suggests that rapid growth can’t be taken for granted.

Unhappy with the Troika, Greece turns to Berlin

Deutsche Welle

20-11-2013

Greek Prime Minister Antonis Samaras is set to arrive in Berlin for talks on Friday. Despite Greece's economic troubles, the government, experts say, is in a better position to negotiate today than in the past.

In early November, it was far from clear whether any agreements would be reached during a visit to Greece by the country's lenders, the so-called Troika consisting of the EU Commission, European Central Bank and the International Monetary Fund. Significant differences stood between the Greek coalition government and its lenders.

Greece's Golden Dawn gains support after members killed-poll

ATHENS Sat Nov 16, 2013 2:01pm EST

(Reuters) - Support for Greece's far-right Golden Dawn party has grown since two members were gunned down by unknown assailants this month, an opinion poll released on Saturday showed.

The party, Greece's third most popular, had shed almost a third of support following the fatal stabbing in September of an anti-fascism rapper blamed on a Golden Dawn sympathizer.

China: The Next Phase Of Reform

Forbes

The commitment and ability of China’s leaders to follow through on new policies and to meet rising expectations will be tested as they strive to balance competing social, economic, political and security challenges. Three decades ago, China embarked on a new path, creating a framework that encouraged the country’s rapid economic rise. The successes of those policies have transformed China, and the country’s leadership now faces another set of strategic choices to address China’s new economic and international position.

Greece’s reform job isn’t even half done

By Hugo Dixon NOVEMBER 11, 2013

Reuters

Greece’s reform job is not even half finished. The government hasn’t done enough to root out the vested interests that strangle the economy. Nor has it cracked down fully on tax evasion or pushed hard enough to privatise state-owned properties.

On the other hand, Antonis Samaras’ coalition is so fragile that it could collapse if the troika – the European Commission, the European Central Bank and the International Monetary Fund – forces it to impose more austerity. That could lead to a new phase in the Greek crisis. The government’s best bet is to make a sharp distinction between structural reform and austerity – and persuade its lenders that it’s so serious about the former that more cuts and taxes aren’t required.

Hard-Wired for Tension in Greece

November 11, 2013

By NIKOS KONSTANDARAS

The New York Times

The brutality of the crime would be shocking anywhere: the gunman walked up to three young men, all members of Golden Dawn, on a busy neighborhood sidewalk and fired 12 bullets in seven seconds, finishing off two victims with bullets to the head and leaving the third seriously wounded before escaping on a motorcycle driven by an accomplice.

GREECE - Factors to Watch on November 11

Mon Nov 11, 2013 3:12am EST

ATHENS, Nov 11 (Reuters) - Here are news stories, press

reports and events, which may affect Greek financial markets on

Monday:

   

    GREEK GOVT SURVIVES CONFIDENCE VOTE, KICKS OUT A DEPUTY

    Greece's conservative-led coalition defeated, as expected,

an opposition-sponsored motion to topple the government on

Monday, but lost one lawmaker who was expelled after backing the

opposition.

Greek Police Raid Occupied Broadcasting Station

November 7, 2013

By NIKI KITSANTONIS

The New York Times

ATHENS — Greek riot police officers raided the headquarters of the country’s former state broadcaster, ERT, on Thursday, forcibly removing dozens of staff members who had been occupying the building since June, when the authorities abruptly shut down the organization, citing wasteful spending.

Officers entered the building north of Athens shortly after 4 a.m. and removed around 50 former employees, four of whom were briefly detained for questioning, according to a police spokesman, who said the raid went smoothly. Officers fired tear gas to disperse about 200 protesters who had gathered outside the building, but demonstrators regrouped after the officers’ departure and continued their protest.

De Blasio Elected Next New York City Mayor in Landslide

First Democrat to Win City Hall Since David Dinkins in 1989

The Wall Street Journal

By MICHAEL HOWARD SAUL

Updated Nov. 6, 2013 12:29 a.m. ET

Bill de Blasio won a lopsided victory in the race for New York City mayor on Tuesday night after running a populist campaign that promised New Yorkers a clear break from Mayor Michael Bloomberg's administration. He is the first Democrat to capture City Hall in 24 years.

Mr. de Blasio, the city's public advocate and a former City Council member from Brooklyn, defeated Republican nominee Joe Lhota, a former chairman of the Metropolitan Transportation Authority. With 59% of precincts reporting at 11:20 p.m., Mr. de Blasio led with 73% of the vote to Mr. Lhotoa's 25%.

Greeks fear more violence after Golden Dawn members shot dead

By Renee Maltezou

ATHENS | Sat Nov 2, 2013 11:22am EDT

(Reuters) - A brazen drive-by shooting that killed two young members of Greece's far-right Golden Dawn party has shocked Greeks and prompted soul-searching about whether the crisis-hit country is slipping into a "cycle of violence".

Greece's anti-terrorism force is investigating whether Friday's rush hour shooting outside the party's offices in Athens was retaliation for a fatal stabbing of an anti-fascism rapper by a Golden Dawn supporter in September, police said.