Fotis Kouvelis News
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Athens -
Greece's coalition government faces a Sunday deadline over the package of austerity measures it must agree to receive the next bailout tranche of €31.5 billion.
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Athens -
The three coalition party leaders have reached a basic agreement on the latest round of austerity measures to present to the Troika, due back in Greece on Sunday. The measures include a reduction in the top rate of tax from 45 to 35 percent.
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Athens -
The three leaders of the Greek coalition government are due to meet Thursday morning in a last attempt to agree austerity measures. The coalition could be on shaky ground if an agreement is not reached to present to the Troika next week.
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After months of political maneuvering to conjure up austerity cuts of €11.66 billion, the government may find the proposed measures don't win the approval of their Troika masters. The latter are reportedly concerned about cuts to Greek defense spending.
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Athens -
The deadlock between party leaders in the coalition government over further proposed budget cuts has been broken, as all three leaders reached an agreement to adhere to the demands of the Troika.
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Athens -
As Greece's coalition government's three party leaders prepare to finalize €11.5 billion in cuts to satisfy creditors, negative comments continue to emanate from Germany, where there is growing pressure for a Greek euro exit.
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Athens -
Greece has wasted a splendid opportunity to introduce austerity and reforms into the Greek parliament during the six weeks a caretaker government presided without wages. Corrupt politicians feed at the trough of plenty as Greece sinks deeper into debt.
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Athens -
As the Greek electorate prepare to vote for the second time on June 17, the prospect of a second stalemate looms. Party leaders have called for a government of national unity to prevent confusion and a third election.
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