Antonis Samaras News

News

Greek opposition offers coalition to keep country in Euro

Samaras signaled his willingness to join a unity govt if the concessions required to win emergency loans drive a wedge through the ruling anti-austerity coalition

3 min read2 Apr 2015
News

Greece’s Syriza on verge of outright majority in vote

An official from Singular Logic said Syriza would get between 149 to 151 seats in the 300-seat parliament

1 min read26 Jan 2015
Market

WTI crude oil surpasses Brent for first time since July 2013

WTI averaged $6.64 less than Brent last year, and traded as much as $15.45 lower than its European counterpart on 13 January 2014

1 min read13 Jan 2015
News

Possible Greek exit from euro raises fears of fiscal contagion

'Grexit' could risk rerun of contagion of 2011-12, when Portugal, Cyprus, Spain and Ireland all had to be bailed out

2 min read6 Jan 2015
News

Why Greek spillover to euro area will be contained this time

Countries along Europe's edges are better equipped now, thanks partly to the ECB's likely start of sovereign bond purchases

3 min read30 Dec 2014
News

Greece faces snap election as Antonis Samaras fails to install president

With voting continuing in Athens on Monday, more than 121 lawmakers in the 300-seat chamber refused to support Samaras's nominee for president

1 min read29 Dec 2014
News

Greece lurches back into crisis mode as Antonis Samaras bets on vote

Greek stocks fall the most since 1987 in response to Prime Minister's move to bring forward a parliamentary vote on a new President

4 min read10 Dec 2014
News

Greece seen ending recession in respite for Samaras

Greece's economy probably recorded its first annual expansion in six years in the third quarter, suggests a Bloomberg survey

3 min read11 Nov 2014
News

Samaras announces cuts to crisis-era taxes in Greece

A heating oil consumption tax would be cut by 30% and a 'solidarity tax' would also be reduced, says Samaras

3 min read6 Sep 2014
News

Greek lawmakers approve tough budget for 2014

The budget measures included a further 3.1 bn in spending cuts from an economy already suffering from successive austerity measures

3 min read8 Dec 2013
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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