Greece’s Golden Dawn Crackdown: Can Far-Right Group Be ‘Eradicated’? By Yannis Palaiologos Nikos Michaloliakos, leader of the ultra-right-wing Golden Dawn party, is escorted by police officers to the prosecutor from police headquarters in Athens on Sept. 28, 2013 When Nikos Michaloliakos, leader of the Golden Dawn party, spoke to the Greek media on May 6, 2012 — after it had…
Aid to Ease Greece’s Strain, but Hard Year Looms By MATINA STEVIS BRUSSELS—Greece is due to receive about €34 billion ($45 billion) in bailout aid this week that will ease strains on an economy that many pundits forecast would be forced out of the euro-zone this year, but a European Union report warned Monday that the country’s economic struggles are…
The people of Greece end the year under foreign guardianship and with tax reforms imminent. It has been their fifth consecutive year of recession. Only stores with cheaper merchandise are seeing many Christmas shoppers. Sales are down on last year. The conditions imposed on Greeks are in exchange for EU and IMF loans aimed at averting national bankruptcy. There was…
Greek protesters take to Athens streets as creditors arrive for debt talks EU hopes for quick deal on 50% debt write-off as Papademos government insists it can and will impose reform Greek protesters chant slogans during a 24-hour strike against the austerity measures in Athens. Photograph: Louisa Gouliamaki/AFP Greece is braced for a second day of protests as representatives of international…
Analysis: Greek economy pays high price for its high prices Signs across Athens advertise property for rent or sale. One in three shops has closed. At those still open for business, turnover has slumped. So it is one of the mysteries of Greece’s economic depression that prices of some things – milk and the new iPhone, for example – are…