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| READ THE ORIGINAL POST AT www.reuters.com |
How the world sees Greece
Thursday, August 23, 2012
Merkel and Hollande unite in tough message for Greece
BERLIN (Reuters) - Angela Merkel and Francois Hollande presented a united front towards Greece on Thursday, telling Athens it should not expect leeway on its bailout agreement unless it sticks to tough reform targets.
Angela Merkel expected to reject French demands to allow Greece more time over bailout conditions
Chancellor Angela Merkel was expected to reject French demands to allow Greece more time to impose strict economic and structural reforms required for further eurozone bailout funding at a key meeting with President Hollande in Berlin tonight.
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| READ THE ORIGINAL POST AT www.independent.co.uk |
Merkel: Important Greece sticks to commitments
BERLIN (AP) — The leaders of Germany and France are stressing that it's up to Greece to keep pursuing painful reforms as it strives to keep its place in the euro.
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Merkel says to urge Greece to stick with reforms
BERLIN (Reuters) - Chancellor Angela Merkel said on Thursday she would urge Greece's prime minister to stick with tough reforms when they meet in Berlin on Friday while awaiting a report from the 'troika' of international lenders on Athens' progress. "It is important for me that we all stay true to our commitments and above all wait for the troika report to see what the result is," Merkel told reporters before a dinner with French President Francois Hollande at which the two leaders will fine tune their stance towards Athens. ...
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| READ THE ORIGINAL POST AT news.yahoo.com |
German finance minister says giving Greece more time will not solve its problems
 Wall Street Journal | German finance minister says giving Greece more time will not solve its problems Washington Post BERLIN — Giving Greece more time to carry out reforms and spending cuts won't resolve the debt-laden country's problems, Germany's finance minister said Thursday, a day ahead of the Greek prime minister meeting with Chancellor Angela Merkel. Samaras: Greece euro exit threatens domino effect Message to Greece: Stick to the Rules, Or Else Greece Faces New Pressure on Cuts |
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Euro Watch: Conciliatory Notes in Germany on Easing Greece's Burden
Germany may no longer insist that Greece stick to existing agreements on its finances, potentially granting Antonis Samaras, the Greek prime minister, more time for a bailout.
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| READ THE ORIGINAL POST AT www.nytimes.com |
German minister skeptical on more time for Greece
BERLIN (AP) — Giving Greece more time to carry out reforms and spending cuts won't resolve the debt-laden country's problems, Germany's finance minister said Thursday, a day before the Greek prime minister meets Chancellor Angela Merkel.
Greek Prime Minister Antonis Samaras is seeking to earn his nation more time to complete reforms and hold on to bailout loans — without which Greece would be forced into a chaotic default on its debts and could be forced out of the 17-country eurozone.
Athens has faltered in the speed and effectiveness of implementing the reforms, fuelling impatience among its creditors, notably Germany, which is the single largest contributor to its €240 billion ($300 billion) bailout packages.
Greece's continued access to the bailout packages hinges on a favorable report next month from the so-called "troika" of the country's debt inspectors — the European Union, European Central Bank and the International Monetary Fund.
Samaras met in Athens on Wednesday with Jean-Claude Juncker, who chairs meetings of eurozone finance ministers and is also Luxembourg's prime minister.
[...] in a video message for the launch Thursday of a campaign by 11 German think tanks entitled "I want Europe," she sought to address growing unease among many Germans about the political future of the continent.
Greek Prime Minister Antonis Samaras is seeking to earn his nation more time to complete reforms and hold on to bailout loans — without which Greece would be forced into a chaotic default on its debts and could be forced out of the 17-country eurozone.
Athens has faltered in the speed and effectiveness of implementing the reforms, fuelling impatience among its creditors, notably Germany, which is the single largest contributor to its €240 billion ($300 billion) bailout packages.
Greece's continued access to the bailout packages hinges on a favorable report next month from the so-called "troika" of the country's debt inspectors — the European Union, European Central Bank and the International Monetary Fund.
Samaras met in Athens on Wednesday with Jean-Claude Juncker, who chairs meetings of eurozone finance ministers and is also Luxembourg's prime minister.
[...] in a video message for the launch Thursday of a campaign by 11 German think tanks entitled "I want Europe," she sought to address growing unease among many Germans about the political future of the continent.
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| READ THE ORIGINAL POST AT www.sfgate.com |
Greece, Germany at Odds Ahead of Talks
Germany and Greece sparred ahead of a meeting that could decide whether Athens wins a reprieve on painful changes.
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| READ THE ORIGINAL POST AT online.wsj.com |
Report: Greece ready to cash in on islands
Report: Greece ready to cash in on islands Houston Chronicle Greece's prime minister is quoted Thursday in an interview in France's Le Monde as saying the government could cash in on uninhabited islands. Antonis Samaras said investment is key to reviving the economy, and that privatization plans include selling ... |
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| READ THE ORIGINAL POST AT www.chron.com |
Fancy investing in a Greek island? Report says Greece could cash in on isles ...
Fancy investing in a Greek island? Report says Greece could cash in on isles ... Washington Post By Associated Press, AP. PARIS — Afraid of investing in Greek bonds? Invest in a Greek island instead. Greece's prime minister is quoted Thursday in an interview in France's Le Monde as saying the government could cash in on uninhabited islands ... |
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| READ THE ORIGINAL POST AT www.washingtonpost.com |
Report: Greece ready to cash in on islands
Greece's prime minister is quoted Thursday in an interview in France's Le Monde as saying the government could cash in on uninhabited islands.
Asked if the government is ready to sell uninhabited islands too, he said, "as long as this doesn't pose problems for national security, some of these isles could have a commercial use."
Asked if the government is ready to sell uninhabited islands too, he said, "as long as this doesn't pose problems for national security, some of these isles could have a commercial use."
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| READ THE ORIGINAL POST AT www.sfgate.com |
German minister skeptical on more time for Greece
 San Francisco Chronicle | German minister skeptical on more time for Greece San Francisco Chronicle BERLIN (AP) — Giving Greece more time to carry out reforms and spending cuts won't resolve the debt-laden country's problems, Germany's finance minister said Thursday, a day before the Greek prime minister meets Chancellor Angela Merkel. Greek Prime ... |
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| READ THE ORIGINAL POST AT www.sfgate.com |
Eurozone debt crisis: Awaiting the verdict on Greece
 BBC News | Eurozone debt crisis: Awaiting the verdict on Greece BBC News Now nearly three years later Greece still dominates the crisis talks of summer. Despite two bailouts, the Greek problem has not been fixed. It will top the agenda when the German chancellor and the French president meet in Berlin on Thursday evening. Euro-Area Services, Manufacturing Contract for Seventh Month Samaras: Greek exit from euro could start domino effect in 17-nation eurozone Samaras: Greece euro exit could spark more |
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Awaiting the verdict on Greece
Eurozone leaders await verdict on Greece
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Samaras: Greece euro exit could spark more
BERLIN (AP) — Greece's premier is warning that if his country is forced out of the eurozone it could start a domino effect throughout the 17-nation bloc using the euro currency.
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| READ THE ORIGINAL POST AT hosted2.ap.org |
Samaras tours Europe to win support and time
Many Europeans have written off Greece as a hopeless case. But the country's prime minister is touring Europe to win support - and time - for Athens. Is Europe's patience wearing thin?
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| READ THE ORIGINAL POST AT www.dw.de |
Germany and France in Greek talks
German and French leaders meet in Berlin to consider Greece's plea to be given more time to make the tough cuts needed for its debt bailout.
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Greece Faces New Pressure on Cuts
 Wall Street Journal | Greece Faces New Pressure on Cuts Wall Street Journal ATHENS—A top European official on Wednesday warned that Greece faced a "last chance" in proving its credibility to international creditors, and said a decision on Athens's proposal to extend deadlines on overhauls wouldn't come until after inspectors ... Greece faces crucial week as austerity measures bite Greece gets warning from Eurozone finance chief Samaras: Greece Needs 'Air to Breathe' |
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| READ THE ORIGINAL POST AT online.wsj.com |
Greece crisis: German MP says Greece has 'no room to manoeuvre' as Greek PM pleads for more time to implement reforms
Prime Minister Antonis Samaras is due to visit Berlin on Friday before heading to Paris for talks with French President Francois Hollande the next day.
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