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Karolos Papoulias News

Greek President's salary to be halved, expenses scrapped

Athens - The Finance Ministry has proposed an amendment to Parliament which would halve the annual salary of the Greek President, plus completely scrap monthly expenses.

Israeli President Simon Peres visits Athens

Athens - Israeli President Simon Peres is visiting Greece for the first time as Head of State, to discuss co-operation between the two countries and Israeli investment in the Mediterranean country.

Greek government ministers to fly economy class to Brussels

Athens - The latest cost cutting symbolic move by the Greek coalition government is to end all VIP flights. Ministers flying to the summit in Brussels will be shipped off in economy class.

Angela Merkel suggests Greek referendum on euro membership

German Chancellor Angela Merkel has reportedly suggested to Greek President Karolos Papoulias that a referendum on Greece's position in the eurozone be held at the same time as the nation's second elections on June 17.

Greek President to attempt last effort to form unity government

Athens - Greek President Karolos Papoulias is to meet with party leaders at noon on May 13, in a last ditch attempt to form a coalition government. If his attempts fail then the country will go to second elections in June.

Alex Tsipras fails to form government in Greece

Athens - Alexis Tsipras, leader of the far-left political party Syriza, has failed in his attempt to form a coalition government. The mandate to form a government will now be passed to Evangelos Venizelos, leader of PASOK.

Greek Prime Minister Lucas Papademos forgoes salary

Athens - It has been revealed that Lucas Papademos, acting interim Prime Minister of Greece, who replaced George Papandreous in November, chose not to receive a salary for serving as Greece's premier.

Greek President attacks German finance minister insults

Athens - President Karolos Papoulias has delivered a speech in which he decried German Finance Minister Wolfgang Schaeuble's insults to Greece. The President said "I cannot accept Mr Schaeuble insulting my country. Who is Mr Schaeuble to insult Greece?

Greek President Karolos Papoulias to give up salary

Athens - As the Greek government rushes to find another 325 million euros of cuts in order to satisfy the lending requirements attached to the next bailout loan, the Greek President will forego his salary.

President of Greece's home attacked

Athens - The home of Greek President Karolos Papoulias was attacked on Saturday evening by hooded youngsters. The President was in residence at the time.

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