Famagusta Gazette | Cyprus readies for bailout talks with EU, IMF Atlanta Journal Constitution Cyprus foreign minister Erato Kozakou Marcoullis, right, and Greek Foreign Minister Dimitris Avramopoulos speak to the media during a press conference at Foreign house in capital Nicosia, Cyprus, Sunday, July 1, 2012. Dimitris Avramopoulos is in Cyprus ... Greek FM: Turkey's threats against Cyprus must end immediately Greek FM: Turkey making mistake over Cyprus |
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Monday, July 2, 2012
Cyprus readies for bailout talks with EU, IMF
Troika of international lenders returns to Greece
For the first time since October 2011, representatives from the EU commission, the IMF and the ECB - the "troika" of international lenders - will meet in Athens to monitor the progress of Greek efforts to reform.
Bailout Envoy Urges Greece To Speed Up Reforms
Bailout Envoy Urges Greece To Speed Up Reforms NPR ATHENS, Greece (AP) — A senior official from the European Central Bank on Monday urged Greece's new government to avoid further delays in implementing major structural reforms. ECB board member Joerg Asmussen is in Athens as the struggling ... |
Greece receives remaining payment from the last EU bailout
Greece receives remaining payment from the last EU bailout Forexrazor FXstreet.com (Barcelona) - According to a Greek government official the country has received 1... For more information, read our latest forex news ... |
ECB warns Greece as ministers plan softer bailout bid
Winnipeg Free Press | ECB warns Greece as ministers plan softer bailout bid Reuters Greece readying for review by troika of lenders* PM Samaras wants austerity eased, more time to cut debt* Manufacturing slump worsens, Credit Agricole in talks onEmporikiBy Deepa Babington and George. Greece Accused of Wasting Time on Bailout Negotiations Bailout envoy urges Greece to speed up reforms |
Greece receives remaining 1 billion euros of bailout tranche
Kathimerini | Greece receives remaining 1 billion euros of bailout tranche Reuters ATHENS (Reuters) - Greece received the remaining one billion euro portion of its latest bailout tranche which will provide some comfort to cash strapped state coffers, a senior government official said. Athens to ask for EFSF deal to apply to Greece, too |
EU, IMF officials to Cyprus for bailout talks
Famagusta Gazette | EU, IMF officials to Cyprus for bailout talks Atlanta Journal Constitution Cypriot President Demetris Christofias, right, meets with Greek Foreign Minister Dimitris Avramopoulos at the Presidential Palace, in Nicosia, Cyprus, Monday July 2, 2012. Avramopoulos is in Cyprus on a two-day official visit. (AP Photo/Philippos ... Greek FM: Turkey's threats against Cyprus must end immediately Greek FM: Turkey making mistake over Cyprus Turkey's EU Ties on Hold |
Press Watch, July 2
The upcoming inspection of the troika dominated headlines in the Athens press, as everyone will soon know how much of the renegotiating that the coalition government has promised is actually feasible.
With the government by all accounts having lowered expectations in the run-up to the visit, the main targets for the Greek government are two – a two-year extension of the fiscal adjustment period and the application of the EU summit deal for the direct (...)
With the government by all accounts having lowered expectations in the run-up to the visit, the main targets for the Greek government are two – a two-year extension of the fiscal adjustment period and the application of the EU summit deal for the direct (...)
Syriza spokesman attacks government
“Greece cannot be used as a guinea pig, so that the rest of Europe will not ask (for money). It is necessary for the Greek government to raise a strong voice,” Syriza press spokesman Panos Skourletis said on Monday, speaking on state NET radio station on the EU Summit decisions.
Skourletis continued the criticism from Syriza of the government on its stance and also criticised the summit, calling it one of national subjugation.
Skourletis continued the criticism from Syriza of the government on its stance and also criticised the summit, calling it one of national subjugation.
Top ECB official: Greece must fulfill reform targets '100 percent,' cool on ...
Top ECB official: Greece must fulfill reform targets '100 percent,' cool on ... Washington Post BERLIN — 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 ... |
ECB official urges new Greek government to end delays on painful reforms
AFP | ECB official urges new Greek government to end delays on painful reforms Washington Post ATHENS, Greece — A senior official from the European Central Bank on Monday urged Greece's new government to avoid further delays in implementing major structural reforms. ECB's Asmussen tells Greece to focus on reforms Recovering Greek leader faces crucial audit Rip off the Greek band aid |
Bailout envoy urges Greece to speed up reforms
Bailout envoy urges Greece to speed up reforms CBS News Bailout envoy urges Greece to speed up reforms. |
Recovering Greek leader faces crucial audit
AsiaOne | Recovering Greek leader faces crucial audit AsiaOne ATHENS - Ailing Greek Prime Minister Antonis Samaras must face a crucial audit by Greece's creditors this week and may be tempted to push a change of rescue terms more in line with what was recently offered Spain. The "troika" of creditor auditors from ... Modern odyssey of Greeks Athens can harbor bank recap hope |
Mitigating Merkel's Mischief
Telegraph.co.uk | Mitigating Merkel's Mischief Huffington Post (blog) Europe was actually on the road to a slow recovery in 2009, until hedge funds began attacking Greek government bonds and Greece's neighbors did nothing. This process followed the disclosure by the newly elected Greek socialist government in October ... Euro deal leaves deep divisions, lingering questions |
Robert Kuttner: Mitigating Merkel's Mischief
Merkel, characteristically, still opposes any respite for the suffering Greeks. It is up to the rest of Europe to isolate her again so that she can reverse course citing changed circumstances. Nor is Merkel willing to seriously rein in the financial speculation against government bonds that turns moderate budgetary problems into dire crisis. This, too, will take the resolve of wiser leaders. Until German reunification in 1990, there was a delicate balance in the European Union, in which Germany was contained within a broader democratic Europe. Germany was an economic powerhouse, but was appropriately self-restrained politically. Given German history, this was only prudent. With reunification, Germany not only became even more potent economically, but began throwing its weight around politically. As Merkel keeps proving, this was not a good idea. The rest of Europe's leaders have now restarted the necessary project of containing German influence again, and not a moment too soon.