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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Sunday, July 1, 2012

Greece's new foreign minister says Turkey should promote the reunification of Cyprus

NICOSIA, Cyprus - Greece's new foreign minister says Turkey must stop its "threats and aggressive attitude" toward Cyprus and to help the island nation reunify.



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Greece's new foreign minister says Turkey should promote the reunification of ...


Greece's new foreign minister says Turkey should promote the reunification of ...
Canada.com
NICOSIA, Cyprus - Greece's new foreign minister says Turkey must stop its "threats and aggressive attitude"

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ECB official: Greece must deliver '100 pct'





Greece's new government wants to lower some taxes, freeze public sector layoffs and extend by two years the mid-2014 deadline for austerity measures demanded by creditors in exchange for loans that are keeping the country afloat, conditions that are hugely unpopular in the country.

[...] ECB executive board member Joerg Asmussen told Germany's ARD television that there can be no departure from the aims of consolidating Greece's budget and restoring its competitiveness.

At a European Union summit last week, German Chancellor Angela Merkel made concessions to Italy and Spain — notably agreeing to allow countries that pledge to implement reforms demanded by the EU's executive Commission to tap rescue funds without having to go through the kind of tough austerity measures demanded of Greece.

[...] officials insist that help to struggling countries and banks will still come with strings attached, and that Germany has no intention of agreeing to share government debt through jointly issued eurobonds in the foreseeable future.


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ECB official: Greece must deliver `100 pct'


ECB official: Greece must deliver `100 pct'
The Times and Democrat
Greece must fulfill the targets of its austerity and reform program "100 percent" to stay in the euro, a top.


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France to lower GDP forecasts for 2012, 2013: finance minister

French Finance Minister Moscovici arrives to attend a news conference at the Bercy Ministry building in ParisPARIS (Reuters) - French Finance Minister Pierre Moscovici said on Sunday the government would lower its economic growth forecasts for 2012 and 2013 given the worsening economic climate. In an interview with Le Figaro newspaper, Moscovici said the government would reduce its 2012 forecast to at least 0.4 percent from 0.7 percent when its revised budget was presented to the cabinet on Wednesday. "As for 2013, everybody knows that we won't reach 1.7 percent. (So) betting on a range between 1 percent to 1.3 percent ... seems more credible," he said. ...



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ECB official: Greece must deliver '100 pct'

BERLIN (AP) — Greece must fulfill the targets of its austerity and reform program "100 percent" to stay in the euro, a top European Central Bank official said Sunday — offering little hope of substantial wiggle room for Athens and questioning whether it can be given more time to comply.

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Wausau West graduate Speckhard reflects on time as ambassador to Greece


Wausau West graduate Speckhard reflects on time as ambassador to Greece
Wausau Daily Herald
It wasn't that Greece ever would be an easy assignment, exactly. The country had a troubled relationship with its neighbor, Turkey, that was delicate enough that the U.S. ambassador there always was a professional diplomat, not a political appointee.


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