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How the world sees Greece
Thursday, July 5, 2012
Karel van Wolferen: Japan's Party Upheaval and Massive Public Dissent
An interesting new question asked by Japanese journalists who contact me these days is how large a visible public protest will be necessary to tip a political balance in other countries.
International inspectors arrive in Athens for economic review
 Winnipeg Free Press | International inspectors arrive in Athens for economic review Los Angeles Times ATHENS — After months of political paralysis, international debt inspectors returned to Athens on Thursday to assess how much progress — if any — cash-strapped Greece had made in grueling attempts to fix its faltering economy. Greek finance minister says Athens must get program on track: FT Greece drops demand to ease bailout terms Greece admits it's off track on bail-out terms |
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Greece drops demand to ease bailout terms
Winnipeg Free Press | Greece drops demand to ease bailout terms Financial Times Greece's new government has dropped a plan to seek softer terms for its second bailout following warnings that it would be rejected by international lenders. Yannis Stournaras, finance minister, said the governing coalition would have to accelerate. Greece's new FinMin: some reforms off track Greece Promises More On Reforms Front, Admits To Problems Greece's new finance minister: some economic reform efforts off-track |
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Germany would hate to see the UK leave | Pawel Swidlicki
The nation at the heart of the EU needs allies – it might be more amenable to revised membership terms for the UK than it admits
Last week's EU summit offered a glimpse of what the future could hold for Germany in an EU without the UK. With David Cameron coming under pressure to offer a referendum on the EU – whatever the precise question – Britain leaving altogether is no longer as remote a prospect as it once seemed. One of the biggest losers from a UK exit would be Germany, whose list of natural allies in Europe – and in the eurozone – would then look awfully thin. Berlin therefore has a huge incentive to make sure the UK remains inside the EU tent, even if that means accepting Britain getting a new deal in Europe.
As the eurozone moves towards closer fiscal union, the UK public is becoming increasingly frustrated with its terms of membership, and these will very likely need to be revised if the UK is to remain inside in the long term. At the same time, Germany is in the unenviable position of both being expected to take the lead on saving the euro and becoming increasingly resented for doing so. At last week's summit, the chancellor, Angela Merkel, found herself fighting a rearguard battle against the co-ordinated efforts of France, Italy and Spain, who managed to force some concessions over the more flexible use of the bailout funds.
Merkel's ambush at the hands of this "club Med" bloc is an early warning of what Germany can expect to see much more of as the eurozone integrates further, with non-euro countries such as Sweden, Denmark and Poland forming a separate core, and with Britain possibly out altogether. While the UK fears being outvoted by a eurozone bloc within the EU, Germany has the same issue within the eurozone. Proportionally, Germany has far fewer friends inside the eurozone than in the EU as a whole, with the bloc's centre of gravity skewed by the more protectionist and high-spending southern states. The decision of the French president, François Hollande, to reverse parts of Nicolas Sarkozy's pension changes is indicative of this divide in economic thinking.
Therefore, Germany has a very strong interest in keeping as many decisions as possible at the level of 27 member states. As Die Welt's columnist Alan Posener wrote, many European politicians are "trying to make the eurozone into an alternative system to Anglo-Saxon capitalism, a system of 'regulation and solidarity' without Great Britain but with Greece, Italy, Spain and the France of François Hollande … Great Britain is needed in Europe so that this nightmare does not come to pass".
While the two countries do certainly not see eye to eye on everything, the Anglo-German alliance has often worked well in the past, for example in defeating concerted attempts by Spain, Greece and Portugal, as well as the European parliament, to scrap the opt-out from the EU's 48-hour week enjoyed by the UK and others. Both countries have also adopted a common position on freezing the EU's next long-term budget, and there is still ample scope for more detailed co-operation on reforming the economically irrational farm subsidies or the so-called structural funds. In general, Germany needs Britain to uphold a rules-based internal market as Europe goes through a potentially highly defensive phase.
This means that, if push comes to shove, the Germans may prove more susceptible to UK arguments for revised membership terms than it is willing to admit publicly. A common response from EU-reform sceptics to any suggestion that the UK should seek a more flexible relationship with Europe is that other member states would never allow it, but this has never been credibly tested. Politics often comes down to being able to find the least worst compromise. It won't be easy, but arguably, the Germans have more to fear from being left isolated within the eurozone than they do from a new bargain with Britain. If the choice is between the UK leaving or getting some EU powers back, Berlin may – after a lot of posturing, negotiation and bickering – go for the latter for fear of being left bowling alone in Europe. That is to say, that Britain has more leverage in Europe than it may think. Germany needs Britain and vice versa. No one likes being without friends.
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Selling Off Greece to the Occupier
Selling Off Greece to the Occupier OpEdNews The main issue being discussed in Greece today came from an announcement by the government-of-the-regime declaring that they plan to follow the instructions of the occupiers of Greece and forge ahead with the sell-off of Greek public property for ... |
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KKE attacks Hellenic Sugar privatisation
Communist Party of Greece (KKE) General Secretary Aleka Papariga on Thursday stressed her opposition to the planned sale of the state-owned Hellenic Sugar Industry (EBZ), calling the plan to sell off the country's remaining sugar processing plants "a political and financial crime".
"This sale has nothing to do with the crisis but is being carried out to ensure implementation of the Common Agricultural Policy," she said, (...)
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Coalition has given up on renegotiation, Syriza says
The main opposition party Radical Left Coalition (Syriza) on Thursday repeated accusations that Prime Minister Antonis Samaras and his coalition government have backtracked on pre-election promises to renegotiate the terms of bailout loans to Greece, highlighting his decision to put off the government policy statement until after his meeting with the EU-IMF troika.
"Mr.
"Mr.
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Greek Finance Minister: Country Falling Short On Bailout Promises
 Independent Online | Greek Finance Minister: Country Falling Short On Bailout Promises Huffington Post ATHENS, Greece -- Greece is falling short of some of the commitments it has made in return for billions of euros of rescue money, the country's new finance minister admitted Thursday after meeting representatives of the country's financial rescuers for ... Greek Socialists Call for New Loan Terms as Recession Deepens New Greek Finance Minister Sworn In Greece sees 'difficult years ahead' as EU-IMF talks begin |
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Greek Finance Minister: Greece Is Falling Short On Promised Reforms
ATHENS, Greece -- Greece is falling short of some of the commitments it has made in return for billions of euros of rescue money, the...
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David Cameron wants to ban Greeks from Britain. What would Shirley Valentine ...
 Greek Reporter | David Cameron wants to ban Greeks from Britain. What would Shirley Valentine ... New Statesman (blog) Current affairs, world politics, the arts and more from Britain's award-winning magazine. Cameron prepared to stop Greeks at nation's border Greeks Lash out at David Cameron Greek party slams British PM over migration statement |
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Greece's new FinMin: some reforms off track
After months of political turmoil that led to a hiatus in the implementation of reforms as Greece struggled through two inconclusive elections, the country's international debt inspectors from the European Central Bank, European Commission and International Monetary Fund have returned to Athens for the first time in over three months to inspect the status of the debt-ridden country's finances.
The hardship led voters furious with mainstream politicians' handing of the crisis to abandon the traditionally dominant parties in droves in favor of smaller anti-bailout parties advocating Greece renege on its bailout conditions.
Since its last visit in late March, the troika has returned to meet with the new government and explore the financial situation.
The troika heads' visit was also delayed by about a week after Samaras was forced to stay home for several days to recuperate from serious eye surgery carried out just after the election, and his designated finance minister was hospitalized and later turned down the post for health reasons.
Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the governing coalition has said it advocates easing some terms of the bailout agreement, including freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.
The hardship led voters furious with mainstream politicians' handing of the crisis to abandon the traditionally dominant parties in droves in favor of smaller anti-bailout parties advocating Greece renege on its bailout conditions.
Since its last visit in late March, the troika has returned to meet with the new government and explore the financial situation.
The troika heads' visit was also delayed by about a week after Samaras was forced to stay home for several days to recuperate from serious eye surgery carried out just after the election, and his designated finance minister was hospitalized and later turned down the post for health reasons.
Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the governing coalition has said it advocates easing some terms of the bailout agreement, including freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.
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Turkey's religious leader supports opening of Orthodox seminar in key visit to patriarchate
ANKARA, Turkey - Turkey's top Muslim cleric has supported calls for the government to allow the reopening of a Greek Orthodox seminary.
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WikiLeaks publishes Syria emails
• Assange: emails embarrassing to Syria and its opponents
• Almost 2.5m emails to be released over two months
• Protesters getting $10–$50 each, Assad claims
• Read the latest summary
Syria: Reporting on the Wikileaks release of emails linked to the Syrian uprising, Italian magazine L'Espresso says the Italian state-controlled firm Finmeccanica has supplied radios typically used by police to the Syrian government, and has continued to provide technical assistance in 2012 as the uprising expands.
Guardian correspondent Tom Kington writes from Rome:
The so-called Tetra radios were manufactured by Selex Elsag, a unit of Finmeccanica and sold to the Syrian Wireless Organisation, reported L'Espresso, which is Wikileaks' Italian partner publication for the release of the Syrian emails.
One email written in February and quoted by L'Espresso discusses the pending arrival in Damascus of Selex Elsag employees, sent to provide training for the radios, and the installation of the system on helicopters. One delivery is listed as heading to the "Muadamia police warehouse".
The €40m contract for the radios was signed in 2008 between the Syrian Wireless Organisation, a state body, and a Syrian subsidiary of Greek company Intracom-Telecom, although the system's
manufacturer, Selex Elsag, maintained direct contacts with the Syrians.At the end of May 2011, Syria asked to increase the size of the contract by 25%. Selex Elsag replied on 25 July that it would be prepared to discuss the matter with the Syrian Wirelesss Organisation, L'Espresso wrote.
As the uprising escalated last summer, the Syrian government pressed Selex Elsag for the supply of encrypted versions of the radio. Given the potential military use of encryption, the firm referred the request to the Italian government, reporting that the final decision had been put off until the end of June.
When the Syrians sent radios for repair to Florence, they first wiped their memories, the weekly wrote.
Syria: Pro-Assad internet activists have hacked into the Twitter stream of al-Jazeera's Stream programme, to accuse the Guardian of "participating in violence" in Syria.
Announcing the move the Syrian Electronic Army said it was "tired" of al-Jazeera's lies.
It said: "We have decided to hack on your Twitter and Facebook pages in order to convey our message in our own way in all objectivity away from the lying and falsehood which channels of Al Jazeera followed."
One of the tweets on the hacked account said: "Do The Guardian editors know they are participating in violence in Syria?"
EA WorldView's Josh Shahryar urges Twitter uses not to click on the links posted by the hacked account.
A wide-spread attack on Al Jazeera's social media accounts by the Syrian Electronic Army. DON'T CLICK ON LINKS for now. #Syria
— Josh Shahryar (@JShahryar) July 5, 2012
Libya: The main storage centre for election materials in the eastern Libyan town of Ajdabiya caught fire early today, Reuters reports.
The incident, which destroyed ballot papers and other election equipment, comes amid fears that the poll [on Saturday] could be marred by violence.
The security source said the fire was being investigated as suspected arson, while an official at Libya's national election commission in the capital Tripoli said any ballot slips destroyed in the incident would be replaced before Saturday.
The storage centre is located on the outskirts of Ajdabiya, but the main election commission headquarters in the centre of town were not affected, according to witnesses.
Here's a roundup of the main developments so far today:
Syria
• The whistleblowing website WikiLeaks has begun publishing what it claims are more than two million emails involving the Assad regime's inner circle from August 2006 to March 2012 (see 12.18pm).
• The UN's suspended supervision mission in Syria is to be restructured to focus on fewer areas, General Robert Mood, the head of the mission, has announced (see 10.09am).
• Switzerland has frozen arms exports to the UAE after grenades sold to the Gulf state were discovered in the hands of Syrian rebels (see 10.26am).
• Three senior officers in the armed forces were assassinated last night, according to the Syrian Observatory for Human Rights (see 11.30am).
Libya
• Libyan authorities say they cannot confirm a report by al-Arabiya that Muammar Gaddafi's former intelligence chief Abdullah al-Senussi has been extradited to Libya from Mauritania (see 10.37am).
Egypt
Kuwait
Bahrain: The 11-year-old boy accused of taking part in anti-government protests will not be sent to jail but will be monitored at home by the authorities, AP reports.
Bahraini authorities and the boy's lawyer, Shahzalan Khamis, say a court ruled today that Ali Hasan (pictured) must be monitored by a social worker for a year.
Khamis says charges including participation in an illegal gathering were not dropped. Ali Hasan's case has been closely watched because he was one of the youngest demonstrators taken into custody in connection with the island nation's ongoing unrest.
He was allowed to return home on June 11 after spending a month behind bars, but the final verdict in his case wasn't reached until today.
Libya: The authorities have failed to break the stranglehold of militia groups, ahead of this Saturday's elections, according to a new report by Amnesty International.
It says hundreds of armed militias are committing a string of human rights violations with impunity. Unless they are stopped Libya risks repeating the violations that led to last year's uprising against Gaddafi, it says.
In a video to accompany the report Libya researcher Diana Eltahawy says the militia groups are "spiralling out of control" and running a string of brutal detention centres.
Syria: Iraq says it has solid information that al-Qaida militants are crossing from Iraq into Syria to carry out attacks, Reuters reports.
"We have solid information and intelligence that members of al Qaida terrorist networks have gone in the other direction, to Syria, to help, to liaise, to carry out terrorist attacks," Iraqi Foreign Minister Hoshiyar Zebari told a news conference in Baghdad.
Earlier this week the shadowy al-Nusra front claimed responsibility for an attack on pro-Assad TV station that killed seven people last week.
Syria: So far Syrian activists are frustrated and underwhelmed by the release of the Syria emails.
As usual Wikileaks will do the stupid thing where they release only a few emails per day, so it will take months and months to read it.
— Sami al-Hamwi (@HamaEcho) July 5, 2012
No really interesting info on the wikileaks about #Syria so far. Please share any when it comes out on the Tag #LeaksSy
— Ḱ@яℯℯм ℒαḯł@н (@KareemLailah) July 5, 2012
Syria: The first batch of emails to be released by WikiLeaks relate to the Italian firm Finmeccanica and its subsidiary Selex which sold technology to the Syrian police.
A WikiLeaks spokeswoman said: "In the database there are emails demonstrating that Selex sold a technology called Tetra to the Syrian government. This technology allows police forces to communicate in a secure and reliable manner. The database demonstrates that selling assistance and training by Selex continued through to this year."
She added that future stories would be revealed over the course of the next two months. "This is a large dataset. It will take time for all of these stories to come out," she told a press conference at the Frontline club.
The leaked documents include emails from the ministries of presidential affairs, finance, information transport and culture, the spokeswoman said.
Syria: Some first reactions to the release of Syria files by WikiLeaks:
Syria has TETRA network but TETRA encryption broken and gets intercepted by NSA! tetra.osmocom.org/trac/ wikileaks.org/syria-files/do…
— WikiLeaks Press (@wlpress) July 5, 2012
@wikileaks releases the #Syria files- "It is only through understanding this conflict that we can hope to resolve it": wikileaks.org/syria-files/
— Jen Robinson (@suigenerisjen) July 5, 2012
Selex Elsag, part of Finmeccanica (Italy), has until 2012 sold surveillance technology + training to Syria #wikileaks bit.ly/M77zf3
— Anne Roth (@Anne_Roth) July 5, 2012
Syria: William Hague, Britain's foreign secretary, is currently answering questions from the public on Twitter.
Asked about the possibility of establishing a humanitarian corridor in Syria, he did not totally rule out the idea, but suggested it could be difficult:
.@AlOraibi humanitarian corridors wld need strong support from neighbouring countries & large scale military force #AskFS #Syria
— William Hague (@WilliamJHague) July 5, 2012
Syria: WikiLeaks is holding a press conference at the Frontline club on the Syria emails.
The event is being broadcast on Ustream.
Syria: Three senior officers in the armed forces were assassinated last night, according to the Syrian Observatory for Human Rights.
It says a brigadier-general was targeted and killed on the Damascus-Suweida road, a colonel was killed in Hama province and the third officer, a major, was assassinated on the road to Aleppo.
Syria: The whistle blowing website WikiLeaks has begun publishing what it claims are more than two million emails from the Assad regime's inner circle from August 2006 to March 2012.
The emails will be shared over the next two months with seven media partners including Lebanon's Al Akhbar; Egypt's Al Masry Al Youm, and the Associated Press.
WikiLeaks founder Julian Assange said: "The material is embarrassing to Syria, but it is also embarrassing to Syria's opponents. It helps us not merely to criticise one group or another, but to understand their interests, actions and thoughts. It is only through understanding this conflict that we can hope to resolve it."
Libya: Al-Jazeera's cameras have been allowed into the luxurious new $40m courthouse-and-jail complex near Tajura. Paul Brennan reports:
The gleaming new court building, with its polished marble steps and elegant metalwork, sits next to a brand new prison building with facilities, which would rival many hotels.
There is a modern sports hall. Medical facilities. The 156 cells are spacious. There are even four "family apartments", within the perimeter walls, where inmates will have conjugal visits from their families.
The video above shows inspections of the premises by the US ambassador at large and prime minister Abdurrahim al-Keib.
There are suggestions that the jail will eventually house senior figures from the Gaddafi regime. When journalist Chris Stephen visited the jail for the Observer in March, staff indicated that they were waiting for the arrival of Gaddafi's son, Saif al-Islam.
Libya: The authorities in Libya cannot confirm al-Arabiya's claim that Gaddafi's former intelligence chief Abdullah Senussi has been extradited from Mauritania.
Chris Stephen emails:
The government press office told me they know nothing about it. The prime minister is in Mauritania trying to secure his transfer, but there was no indication last night that he had succeeded.
Syria: Weapons made in Switzerland and sold to the United Arab Emirates appear to be ending up in the hands of opposition fighters in Syria.
The Swiss newspaper Sonntag Zeitung reported on Sunday that a journalist accompanying rebels in the town of Marea photographed grenades with markings that showed they were manufactured between 1992 and 2005 by the state-owned RUAG company in Bern.
Initial investigations by the Swiss government suggest the grenades were part of a consignment of 225,162 grenades shipped to the UAE in 2003.
There has been no comment from the UAE government but the Swiss State Secretariat for Economic Affairs (SECO) says it is "freezing all pending applications for arms exports to the UAE and demanding the return of licences which have already been issued but not yet used".
Syria: The UN's suspended supervision mission in Syria is to be restructured to focus on fewer areas, General Robert Mood, the head of the mission has announced.
Speaking at a press conference in Damascus Mood said that as there was no ceasefire to monitor his observers no longer needed to be spread across the country.
We are consolidating the Mission to enable better support to the Syrian people in the coming days. We will reinforce our presence into Regional Team Sites to give us, once our operations resume, the flexibility to effectively work on facilitating political dialogue and stability projects. In the next week we will consolidate our 8 local team site locations into Regional ones. The Mission will relocate personnel and assets from Hama, Idlib and Tartus to boost our presence in other locations. This consolidation will not affect the Mission's current mandate or the total deployed personnel.
When the Mission was established in April, we needed to locate in cities to establish and build contacts with the local populations on the ground and to get to know the geography and social fabric of the country. This was also very useful in monitoring the ceasefire, when it was adhered to, and reporting on violations.
Now, we are in a situation in which we have the contacts and knowledge, but we have no ceasefire. So it is time to stop spreading ourselves out too thin and restructure in a way that will allow us, once we resume our activities, to conduct targeted tasks that require longer periods of stay in particular area as well as larger number of observers, specialized in a variety of civilian and military affairs.
Yesterday Mood said the observer mission would only resume if the violence decreases. He also declined to end speculation about his own future as head of the mission, by stating that this was a matter for the security council.
(all times BST) Welcome to Middle East Live.
Here's a roundup of the main developments:
Syria
• President Bashar al-Assad has accused foreign governments of financing the uprising against him by paying people to protest. In the third part of his interview with the Turkish daily Cumhuriyet he said foreign intervention was more harmful than any of the regime's mistakes.
Turkish journalist Mahir Zeynalov provides this translation of an extract from the interview:
The role of foreign intervention is significant and more harmful than our mistakes. In Syria, three-staged plan has been implemented. The first one was peaceful protests, which were financed. Every protester received $10 initially, but now they are receiving $50. They wanted to take people into streets like it was in Egypt or Tunisia. But they couldn't do it.
The second stage was to militarise some territories to establish liberated areas. Like the Benghazi model in Libya. But our army didn't allow that. They are now on a new stage. Assassinations, bombing of state institutions, massacres targeting civilians and kidnappings.
• The deputy leader of the Free Syrian Army, Colonel Malik al-Kurdi, says the rebels reject any transition government that involves in Assad and his inner circle. Speaking to the Turkish daily Zaman he said:
We said this from the very beginning. We want the Assad regime to fall. This regime committed slaughter and murders. Therefore we don't want either Assad or his regime to remain ...
"We started off in order to defend our freedom and honor. This fire of revolution cannot be extinguished with slaughters, murders, killing our women or setting our houses on fire. The public used to ask for reform, but now the people want the regime to go because of the cruelty [by the government forces]. The people have decided to keep up the revolution.
• New images have emerged showing the devastation to areas of Syria that have seen the heaviest fighting between government and rebel forces. Parts of Homs have reduced to rubble, the photographs show.
• Syrian artillery pounded the ghost city of Douma, north of Damascus, where residents recovered mutilated corpses after a rampage by militiamen loyal to President Bashar al-Assad, Reuters reports, citing activists. They said at least 11 people, including a six-year-old girl and an elderly man, were killed by shelling in the towns of Misraba and Rihan near Douma, and three more were shot dead.
Video from activists in Douma shows the physical damage to the deserted city.
Turkish news outlets said the efforts to locate the pilots, Gokhan Ertan and Hasan Huseyin Aksoy, were aided at Turkey's request by the Nautilus, an American deep-sea exploration vessel led by Robert Ballard, the oceanographer who discovered the wreckage of the Titanic in 1985.
Libya
• Muammar Gaddafi's former intelligence chief Abdullah al-Senussi has been extradited to Libya from Mauritania, according to Al Arabiya citing sources in Libya. The international criminal court in June 2011 issued a warrant for Senussi, calling him an "indirect perpetrator of crimes against humanity, of murder and persecution based on political grounds" in the eastern Libyan city of Benghazi.
• Libya's minority Amazigh community fear an Islamist takeover ahead of Saturday's elections, Luke Harding reports from the western town of Zuwara. Eissa al-Hammissi, an ethnic Amazigh documentary maker, told him:
We helped our brothers overthrow the dictator. But now feel we are being betrayed ... Look at the map. Look to our east and west. The Islamists have taken over in Tunisia and Egypt. They are going to take over Libya too. I don't think they are going to push the country in the right direction.
Egypt
• Senior judge Tahani al-Gebali claims she plans to sue the New York Times after it quoted her saying that she advised the military council to delay handing over power civilian authority until a constitution, the Egypt Independent reports. On Wednesday the New York Times reported:
From the moment the military seized control from President Hosni Mubarak, the generals "certainly" never intended to relinquish authority before supervising a new Constitution, Judge Gebali said.
Gebali said she didn't speak to the paper.
Kuwait
• Kuwait's head of state reappointed the outgoing prime minister Sheikh Jaber al-Mubarak al-Sabah in a move that may help ease political deadlock, Reuters reports. Sheikh Jaber must now select a 15-member cabinet, after which analysts expect Kuwait's ruler to dissolve parliament in order to allow fresh elections.
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Greece meets 'troika' over bailout revisions
Athens opens talks with European Central Bank, European Commission and IMF to adjust terms of two bailouts worth $300bn.
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Venizelos calls for extension of fiscal adjustment
Greece now needs the clear political support of its partners, so that the fiscal crisis will not turn into a crisis of social cohesion and political dysfunction, because Greece cannot serve as a "laboratory of failure of the eurozone policies" but rather of those policies' renewal to bring it out of the crisis.
The words belong to Pasok party leader Evangelos Venizelos, who was speaking at a meeting of his party's parliamentary group.
The words belong to Pasok party leader Evangelos Venizelos, who was speaking at a meeting of his party's parliamentary group.
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Turkey urged to ease up on Greek Orthodox seminary
Turkey's top Muslim cleric has supported calls for the government to allow the reopening of a Greek Orthodox seminary.
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Greek Socialists Call for New Loan Terms
 Business Recorder (blog) | Greek Socialists Call for New Loan Terms Wall Street Journal Greece's socialist party, a member of the coalition government, called for renegotiation of the country's loan terms as international inspectors began a visit to Athens to assess the country's progress in implementing its bailout commitments. Greek Socialists Call for New Loan Terms as Recession Deepens New Greek Finance Minister Sworn In Greek PM returns to action for bailout revision |
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Government presses case to change bailout terms
The government of newly elected PM Antonis Samaras, sought on Thursday to persuade sceptical lenders visiting Athens to ease the punishing terms of the bailout that is keeping the country solvent but at the cost of driving it deeper into recession.
Senior officials from Greece's trio of international lenders met with Samaras and Finance Minister Yannis Stournaras for the first time since Samaras's coalition government took power after the June elections.
Senior officials from Greece's trio of international lenders met with Samaras and Finance Minister Yannis Stournaras for the first time since Samaras's coalition government took power after the June elections.
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Cameron prepared to stop Greeks at nation's border
Greek Reporter | Cameron prepared to stop Greeks at nation's border Taipei Times British Prime Minister David Cameron is prepared to override the UK's historic obligations under EU treaties and impose stringent border controls that would block Greek citizens from entering the UK if Greece is forced out of the single currency. Greeks Lash out at David Cameron Greek party slams British PM over migration statement Greek socialists attack Cameron on UK migration remark |
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Greek Socialists Call for New Loan Terms as Recession Deepens
Business Recorder (blog) | Greek Socialists Call for New Loan Terms as Recession Deepens Wall Street Journal Greek Socialists Call for New Loan Terms as Recession Deepens. Article. Email; Printer Friendly; Share: facebook ↓ More. StumbleUpon; LinkedIn; Twitter; Fark; Reddit; del.icio.us; MySpace. smaller Text larger ... New Greek Finance Minister Sworn In Greek PM returns to action for bailout revision Greece presses case to change bailout terms |
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Greece talking with debt inspectors after hiatus
The debt inspectors from the European Central Bank, European Commission and International Monetary Fund, known as the troika, were meeting the new government, whose coalition partners want to persuade the country's rescue creditors to ease some of the strict terms of its bailout.
The inspection visit is the first in several months due to political turmoil in Greece, sparked by the vicious financial crisis that has left the country dependent on billions of euros worth of international bailout loans from other European countries using the euro, and the IMF.
Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the coalition has said it advocates easing some terms of the bailout agreement, including freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.
Stournaras' televised swearing in ceremony at the presidential mansion was the first time Samaras appeared in public since undergoing eye surgery nearly two weeks ago, shortly after forming a coalition government with another two parties following inconclusive national elections.
The inspection visit is the first in several months due to political turmoil in Greece, sparked by the vicious financial crisis that has left the country dependent on billions of euros worth of international bailout loans from other European countries using the euro, and the IMF.
Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the coalition has said it advocates easing some terms of the bailout agreement, including freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.
Stournaras' televised swearing in ceremony at the presidential mansion was the first time Samaras appeared in public since undergoing eye surgery nearly two weeks ago, shortly after forming a coalition government with another two parties following inconclusive national elections.
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New Greek financial minister meets troika officials
The new Greek Finance Minister Yannis Stournaras was sworn in Thursday, mere hours before he met with the trio of financial bodies tasked with monitoring the country’s massive bail-out commitments.
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Greece talking with debt inspectors after hiatus
ATHENS, Greece (AP) — Greece's international debt inspectors were delving into the troubled country's finances again Thursday after a long hiatus caused by the country's political turmoil.
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Greece's finance minister meets debt inspectors
Stournaras' televised swearing in ceremony at the presidential mansion was the first time Prime Minister Antonis Samaras appeared in public since undergoing eye surgery nearly two weeks ago, shortly after forming a coalition government with another two parties following inconclusive national elections.
The inspection visit is the first for a number of months given the political turmoil in Greece, sparked by the vicious financial crisis that has left the country dependent on billions of euros (dollars) worth of international bailout loans from other European countries using the euro, and the IMF.
Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the coalition has said it advocates freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.
The inspection visit is the first for a number of months given the political turmoil in Greece, sparked by the vicious financial crisis that has left the country dependent on billions of euros (dollars) worth of international bailout loans from other European countries using the euro, and the IMF.
Ahead of the government's policy statement, which Samaras is to present in Parliament Friday evening, the coalition has said it advocates freezing public sector layoffs and repealing some of the tax hikes imposed over the past two years.
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Greece's finance minister meets debt inspectors
ATHENS, Greece (AP) — Greece's new finance minister Yannis Stournaras headed into his first meeting with the country's international debt inspectors Thursday, shortly after being sworn in to office.
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Greece presses case to change bailout terms
Greece presses case to change bailout terms Reuters ATHENS (Reuters) - Greece's new government took up the task on Thursday of persuading skeptical lenders visiting Athens to ease the punishing terms of the bailout saving the debt-laden country from bankruptcy.Just. Greece's finance minister meets debt inspectors Greece's new finance minister sworn in Greece Swears In New Finance Minister |
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New Greek Finance Minister Sworn In
New Greek Finance Minister Sworn In TIME Greece's new finance minister Yannis Stournaras has been sworn in to office. |
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Greece's new finance minister sworn in
Stournaras' televised swearing in ceremony at the presidential mansion in central Athens Thursday was the first time Prime Minister Antonis Samaras appeared in public since undergoing eye surgery nearly two weeks ago, shortly after forming a coalition government with another two parties following inconclusive national elections.
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| READ THE ORIGINAL POST AT www.sfgate.com |
Greek Festival returns to St. Nicholas Church, July 13-15
Greek Festival returns to St. Nicholas Church, July 13-15 Foster's Daily Democrat NH guide for Southeast New Hampshire and Southern Maine, including Portsmouth, Rochester, Dover, Sanford and Laconia. Local news, information, entertainment, classifieds, real estate, homes, automobiles, cars, employment, jobs, restaurants and dining ... |
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Greece's new finance minister sworn in, to see country's international debt ...
Greece's new finance minister sworn in, to see country's international debt ... Washington Post ATHENS, Greece — Greece's new finance minister Yannis Stournaras has been sworn in to office, along with two deputy. |
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