Word: crisises
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Tax hikes are in the cards too: a 20% tax on alcohol and tobacco has already been approved by Parliament, a fuel tax is likely to follow, and other taxes are rumored. This worries executives like Doros Constantinou, the CEO of Coca-Cola Hellenic, which sells soft drinks in 28...
Companies that have interests outside Greece are also likely to fare better. Kyriakos Sarantis, CEO of Sarantis, a $363 million consumer-products company, expects revenue to remain flat despite the problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping...
It's not easy to be told that your attitude needs to change, but that's the Greek government's message. Still, even as Greeks grapple with changing their lifestyle, the fact that they like to spend could turn out to be a blessing. "Greece is a poor country with...
DEBT CRISIS
As Nixon's chief of staff, Al had an even more grueling assignment: holding our government together as its presidency disintegrated in the worst constitutional crisis since the Civil War. Al almost single-handedly saw us through this travail. He was willing, and sometimes eager, to battle for his convictions...