George Petalotis

Greece’s Ruling Party Announces Second Cabinet Reshuffle

Greece’s government spokesman George Petalotis announced the second cabinet reshuffle of ministers in Athens today since it came to power in general elections in October 2009. Following is a list of the ministers.

Papandreou Names Venizelos Finance Minister

Greek Prime Minister George Papandreou named Evangelos Venizelos, the defense minister, to take over at the finance ministry, replacing George Papaconstantinou. The changes were announced by government spokesman George Petalotis, in statements televised live on state-run NET TV.

Greek Police Resort to Tear Gas as 20,000 Rally Against Austerity Measures

Greek police used teargas to disperse protesters encircling the Parliament House in Athens as 20,000 people rallied against Prime Minister George Papandreou ’s additional wage cuts and tax increases.

Greece Bailout Prospects Darken as European Bickering Weakens Papandreou

Greek economic prospects darkened as European bickering risked delaying the next rescue payment and defections weakened Prime Minister George Papandreou ’s majority.

Greek Unions Stage 24-Hour Strike to Oppose Papandreou’s Cuts, Asset Sales

Greece’s ports, banks, hospitals and state-run companies ground to a halt today as the two biggest labor unions went on strike to oppose Prime Minister George Papandreou ’s additional budget cuts and asset sales.

Greek Unions Stage Strike Against Austerity

Greece’s ports, banks, hospitals and state-run companies grind to a halt today as the two biggest labor unions strike to oppose Prime Minister George Papandreou ’s additional budget cuts and asset sales.

Papandreou Is Facing Growing Backlash in Greece as Last EU Bailout Premier

George Papandreou is the last man standing among the euro-area leaders who needed a handout after Jose Socrates ’s defeat in Portuguese elections yesterday.

Greece to Get EU, IMF Assessment on Economy Plan as Second Bailout Readied

European Union and International Monetary Fund officials today complete a review of Greece’s plan for 78 billion euros ($113 billion) in asset sales and austerity measures as they prepare the nation’s second bailout in little more than a year.

Greece Won’t Dismiss Civil Servants, Spokesman Petalotis Says

Greece will refrain from firing civil servants in its search for spending cuts, said government spokesman George Petalotis .

Greece ‘Cheated’ to Join Euro; Sanctions Since Were Too Soft, Issing Says

Greece was only able to join the euro through deception and the currency bloc’s leaders have been “too polite” ever since to deploy adequate sanctions that could have averted the region’s debt crisis, former European Central Bank Chief Economist Otmar Issing said.

"This government has the responsibility to save the country from default. Their parliament will be their prison, we are decided."

- George Petalotis on Jun 15, 2011

Greece

Athens

George Papandreou

Germany

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