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Monday, August 6, 2012

Greece to sell gas firm, grid operator this year: source


Greece to sell gas firm, grid operator this year: source
Reuters
ATHENS (Reuters) - Greece wants binding bids for its state-owned natural gas company and gas grid operator by the end of September and hopes to complete their sale in late autumn as it revives its privatization drive, a government official told Reuters ...

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Vast Police Operation Targets Migrants in Athens

Of the 6,000 detained, authorities said 1,100 did not have proper documentation, leading the minister of public order to say that Greece was suffering an “unprecedented invasion.”





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Vast Greek Police Operation Targets Migrants


NDTV

Vast Greek Police Operation Targets Migrants
New York Times
ATHENS — A vast police operation here aimed at identifying illegal immigrants found that, of 6000 people detained over the weekend, 1100 did not have proper documentation, leading the minister of public order to say that Greece was suffering an ...
6000 suspected illegal immigrants detained in GreeceUSA TODAY
Greece: 6000 detained during raids on immigrantsThe Associated Press

all 306 news articles »

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Greek Coalition Partners Agree on Spending Cuts


ABC News

Greek Coalition Partners Agree on Spending Cuts
ABC News
Socialist party leader Evangelos Venizelos says he agreed to the new €11.5 billion ($14.14 billion) package for 2013 and 2014 to avoid bringing down the six-week-old government and forcing new elections. Earlier, the Socialists had pressed for some of ...
Greek leaders agree budget cutsReuters
Samaras Secures Greek Budget Plan as Coalition Discord GrowsBusinessweek
Greek coalition government parties still wrestling with new cuts demanded by ...Washington Post
Fox News -Brisbane Times -About - News & Issues
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Greece To Prepare Bill Clearing Way for Asset Sales


Greece To Prepare Bill Clearing Way for Asset Sales - FinMin
Wall Street Journal
ATHENS--Greece will compile a bill that introduces 77 amendments aimed at clearing the legal hurdles that are delaying its privatization plan, said Finance Minister Yannis Stournaras on Monday. After meeting with Prime Minister Antonis Samaras and the ...

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Monti Calls for More Crisis-Fighting Urgency in ECB Standoff


Bloomberg

Monti Calls for More Crisis-Fighting Urgency in ECB Standoff
Bloomberg
Ballesteros/EPA Spanish National Police face taxi drivers from several Spanish regions during a protest against a government plan to liberalize public transport in Madrid on July 27, 2012. Italy's Prime Minister Mario Monti warned of a potential ...
European Stocks Rise Amid Greek, Troika Talks; Richemont RalliesSan Francisco Chronicle
European Stocks Rise Amid Greek, Troika Policy TalksBusinessweek
German foreign minister warns that debate on eurozone crisis taking on 'very ...Washington Post
Telegraph.co.uk
all 646 news articles »

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German minister warns of euro debate tone

FILE - In this May 15, 2012 file picture German Foreign Minister Guido Westerwelle speaks during a forum at the Sabanci University in Istanbul, Turkey. Germany's foreign minister warned on Monday Aug. 6, 2012 that arguments about European policy are taking on a "very dangerous" tone as worries mount about the future of the euro. Guido Westerwelle didn't specify who his comments were aimed at. But they came after Italian Premier Mario Monti warned over the weekend of tensions that "bear the traits of a psychological dissolution of Europe," and a regional official in a German governing party said Greece must leave the euro this year. (AP Photo/File)Germany's foreign minister warned on Monday that arguments about European policy are taking on a "very dangerous" tone as worries mount about the future of the euro.



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Don't let euro zone debate turn nasty: German foreign min

German Foreign Minister Guido Westerwelle, accompanied by his Russian counterpart Sergei Lavrov, attends a news conference in MoscowBERLIN (Reuters) - German Foreign Minister Guido Westerwelle on Monday warned politicians to rein in the language they use about the euro zone debt crisis after a weekend of ugly exchanges in the German press over Italy and Greece. Italian Prime Minister Mario Monti told magazine Der Spiegel that he needed Germany's moral support but not its cash and that Berlin should "cut some slack" for those countries implementing budget cuts demanded by the European Union. ...



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Greece to deport 1,600 immigrants

Greek police plan to deport 1,600 illegal immigrants rounded up in Athens, as a minister defends the crackdown.

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Don't let euro zone debate turn nasty: German foreign minister

BERLIN (Reuters) - German Foreign Minister Guido Westerwelle on Monday warned politicians to rein in the language they use about the euro zone debt crisis after a weekend of ugly exchanges in the German press over Italy and Greece.







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German minister warns of euro debate tone





[...] they came after Italian Premier Mario Monti warned over the weekend of tensions that "bear the traits of a psychological dissolution of Europe," and a regional official in a German governing party said Greece must leave the euro this year.

Politicians from the Christian Social Union, the Bavaria-only sister party to Chancellor Angela Merkel's Christian Democrats, have made particularly hardline comments in recent days.

The German government's room for maneuver in the crisis is limited by the need for it to get Parliament's approval for practically every rescue measure — something that the country's supreme court has insisted on.

In his interview with the weekly Der Spiegel, published Sunday, Monti — who leads a government of technocrats — was quoted as saying that governments have to "educate" their parliaments as they try to reach agreements on the eurozone's future.


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Israeli President Peres starts 3-day visit to Greece

ATHENS, Greece - Israeli President Shimon Peres has started a three-day visit to Greece, at a time of heightened co-operation between the two Mediterranean countries.

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The U.S. Looks To Exploit The Greek Re-Default


The U.S. Looks To Exploit The Greek Re-Default
Seeking Alpha
A geopolitical drama driven by newly discovered oil and bad debt is unfolding around the eastern Mediterranean, and it may be a game changer for Greece. Preliminary estimates indicate there are 22 billion barrels of oil offshore of Western Greece below ...


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Greek People Expect Urgent Structural Reforms: Expert


CNBC.com

Greek People Expect Urgent Structural Reforms: Expert
CNBC.com
Greece's talks with the European Central Bank, European Commission and International Monetary Fund over the weekend may have gone well but not enough is being done in terms of structural reform and the Greek people expect government action to start ...


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Greece resumes round up operations of illegal migrants

Greece resumed during the weekend large-scale round-up operations of illegal migrants across Athens, as authorities increased border controls fearing a possible influx of Syrian refugees.

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Greek Talks With Creditors 'Progress'

Greece will resume talks with a delegation of international creditors early September on cuts, giving Athens a month to balance their demands for austerity with coalition partners' calls to avoid hurting low-income people.

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Greece Agrees With Troika on Need to Strengthen Policy Efforts


Sky News Australia

Greece Agrees With Troika on Need to Strengthen Policy Efforts
San Francisco Chronicle
(For more on the euro crisis, click on TOP CRIS) Aug. 6 (Bloomberg) -- Greece and its international creditors agreed on the need to strengthen policy efforts to support the economy and comply with its bailout terms after more than a week of meetings in ...
Optimism in Greece After Talks With LendersNew York Times
IMF's Talks With Greece Show Progress, Fund Official SaysBloomberg
Greek Talks With Troika Resume Early SeptemberNASDAQ
Reuters -The Guardian
all 129 news articles »

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Optimism in Greece After Talks With Lenders


Bloomberg

Optimism in Greece After Talks With Lenders
New York Times
ATHENS — Envoys of Greece's international creditors on Sunday wrapped up a review of the country's progress in meeting the terms of its second bailout and said they would return in September for a final assessment that will determine whether further ...
IMF's Talks With Greece Show Progress, Fund Official SaysBloomberg
Greece's new pledges will take epic battle to implementReuters
Troika: Talks With Greece "Productive", Agree To Strengthen Policy EffortsWall Street Journal
The Guardian -Sky News Australia
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Greece Says Progress Made in Talks With Troika

Creditors wrapped up a review of the country’s progress in meeting the terms of its second bailout and said they would return in September for a final assessment.





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