Sto Kokkino

After tranche, government preparing for additional pre-election benefits

The government appeared to be preparing for another round of pre-election handouts on Wednesday after the European Commission indicated that Greece had honored most of its bailout-related commitments, paving the way for the release of around 1 billion euros in funding.

Gov't seeks to downplay Rouvikonas protest, attacks opposition

The government on Thursday tried to downplay a protest by the Rouvikonas (Greek for Rubicon) anti-establishment group in the courtyard of the Greek Parliament building the previous day, while accusing the conservative New Democracy opposition of trying to put an alarmist spin on the incident.

Unilateral ban on repossessions

The state will cease repossessions of properties with a taxable, or "objective," value up to 300,000 euros on the condition that they are the debtors' main residences, Alternate Finance Minister Tryfon Alexiadis claimed on Thursday, although the country's creditors are certain to oppose the plan, while the ministry has issued guidelines to tax authorities regarding how to safeguard the state's

Varoufakis sees “a very nice day” for Greece

Finance Minister Yanis Varoufakis told radio station “Sto Kokkino” on Monday that he was still optimistic concerning negotiations despite Sunday’s deadlock.

“Today is a very nice day, we have finally come to the moment of clarity,’ he said. “Yesterday, Greece said enough is enough, and it is now the Europeans’ turn to make decisions.”