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Tag Archives: austerity package

Athens: Parliament Debate on Loan Agreement & Austerity

The debate on the crucial voting of the new loan agreement and the new austerity package is to start soon in the Greek Parliament. The voting will start at 12 midnight, the results are expected at 1 a.m. Most probably the MPs will vote by name.  Greek Communist Party will ask …

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Political Earthquake Shakes Papademos Gov’ as Ministers Resign

A political earthquake shakes the Papademos government after three Ministers from coalition partner LAOS submitted their resignations on Friday afternoon, shortly before the crucial cabinet meeting on the new austerity package and the new loan agreement for a second bailout for Greece. Transportation Minister Makis Voridis, deputy Farming Minister Asterios Rontoulis …

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“Revolting” PASOK-MPs demand democratic procedures in Austerity Package voting

“To Give or Not to Give?” This question seems to torture 16 lawmakers from governing party PASOK currently contemplating on whether to give a letter they wrote to Prime Minister George Papandreou about the midterm austerity package that will have to be passed by the parliament in the middle of …

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