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Showing posts with label emergency economic stabilization act. Show all posts
Showing posts with label emergency economic stabilization act. Show all posts

Sunday, July 8, 2012

Greece says will carry out reforms, privatizations

ATHENS (Reuters) - Greece's new finance minister on Saturday pledged to carry out reforms and privatizations demanded under its latest financial rescue in an attempt to regain credibility with international partners stumping up money to keep the country afloat.



READ THE ORIGINAL POST AT www.reuters.com

Saturday, July 7, 2012

Greece Bailout Targets Difficult To Reach In Current Timeline, Prime Minister Says


AFP

Greece Bailout Targets Difficult To Reach In Current Timeline, Prime Minister Says
Huffington Post
Greek PM Samaras says want to renegotiate bailout policies * Says that does not mean to change fiscal targets but more time needed * Pledges series of measures to boost growth By Dina Kyriakidou and George Georgiopoulos ATHENS, July 6 (Reuters) ...
Greece to Quicken Selling Off State FirmsWall Street Journal
Greece wants to renegotiate policies, not targets: PMReuters
Greece seeks more time to meet bailout termsAFP
New York Times
all 1,394 news articles »

READ THE ORIGINAL POST AT www.huffingtonpost.com

Greece wants to renegotiate policies, not targets-PM


Greece wants to renegotiate policies, not targets-PM
Reuters
Greek PM Samaras says want to renegotiate bailout policies* Says that does not mean to change fiscal targets but moretime needed* Pledges series of measures to boost growthBy Dina Kyriakidou and.


READ THE ORIGINAL POST AT www.reuters.com

Friday, July 6, 2012

In Greece, a Bold Plan to Solve the Debt Crisis


In Greece, a Bold Plan to Solve the Debt Crisis
New York Times
The administration's policy platform, outlined by the prime minister, Antonis Samaras, in a speech to Parliament, calls for selling off government assets and reducing state spending.


READ THE ORIGINAL POST AT www.nytimes.com

Greece wants to renegotiate policies, not targets: PM


AFP

Greece wants to renegotiate policies, not targets: PM
Reuters
ATHENS (Reuters) - Greece will meet targets set by international lenders, but needs more time and wants to renegotiate policies that make its fiscal situation worse by preventing a return to economic growth,
Greece Plans to Step Up Pace of OverhaulsWall Street Journal
Greece's New Deficit Reduction Program Is ALREADY Off TargetBusiness Insider
Greece seeks two more years to meet bailout termsAFP
Firedoglake -Huffington Post
all 1,339 news articles »

READ THE ORIGINAL POST AT www.reuters.com

REPORT: Greece Gives Up Immediate Plan For Getting New Bailout Terms


Business Insider

REPORT: Greece Gives Up Immediate Plan For Getting New Bailout Terms
Business Insider
Either way, this is unlikely to please the large percentage of Greeks that voted against the members of the current coalition, calling for revisions to the Memorandum of Understanding that governs Greece's bailout package. The government is supposed to ...


READ THE ORIGINAL POST AT www.businessinsider.com

Thursday, July 5, 2012

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.

READ THE ORIGINAL POST AT www.athensnews.gr

Tuesday, July 3, 2012

Greece faces critical audit


Greece faces critical audit
NEWS.com.au
Greek Prime Minister Antonis Samaras has huddled with ministers and allies ahead of a crucial creditor audit.


READ THE ORIGINAL POST AT www.news.com.au

Bailout Envoy Urges Greece to Speed up Reforms


Bailout Envoy Urges Greece to Speed up Reforms
ABC News
A senior European Central Bank official urged Greece's new government on Monday to avoid further delays in implementing major structural reforms. ECB board member Joerg Asmussen is in Athens as the struggling country's new coalition government holds ...


READ THE ORIGINAL POST AT abcnews.go.com

Athens Seeks Improved Bailout Deal

Greece will push for a better bailout deal when it resumes long- stalled talks with international lenders this week—including asking for a Spain-style deal for its banks.

READ THE ORIGINAL POST AT online.wsj.com

Monday, July 2, 2012

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 ...


READ THE ORIGINAL POST AT www.npr.org

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 GreeksDAWN.com
Athens can harbor bank recap hopeKathimerini

all 7 news articles »

READ THE ORIGINAL POST AT news.asiaone.com

Sunday, June 24, 2012

Greece’s New Leaders to Miss Crucial European Meeting

Both the newly installed prime minister, Antonis Samaras, and his nominee for finance minister, Vassilis Rapanos, have been hospitalized since Friday.





READ THE ORIGINAL POST AT www.nytimes.com

Greece's New Leaders to Miss Crucial Meeting


Sydney Morning Herald

Greece's New Leaders to Miss Crucial Meeting
New York Times
Both the newly installed prime minister, Antonis Samaras, and his nominee for finance minister, Vassilis Rapanos, have been hospitalized since Friday.
Greece's Auditors Postpone Athens VisitWall Street Journal
Greek PM to miss EU summit, "troika" postpones tripReuters
Greece outlines bailout revisions ahead of talksSan Francisco Chronicle
Pittsburgh Post Gazette -Sydney Morning Herald -Businessweek
all 1,470 news articles »

READ THE ORIGINAL POST AT www.nytimes.com

Greece coalition seeks to extend austerity deadlines by two years


Globe and Mail

Greece coalition seeks to extend austerity deadlines by two years
Globe and Mail
The policy statement issued by the three-party coalition said the 'general aim' of bailout renegotiations is to curb cuts to salaries and pensions.


READ THE ORIGINAL POST AT www.theglobeandmail.com

Front Pages from Around the Globe




Greece's hopes of clinging to its euro membership were boosted as the pro-bailout New Democracy party clinched a slender victory Sunday in elections that were critical to efforts to hold the single currency together.

Antonis Samaras, who will now try to build a fragile coalition government, declared his country is "anchored" to the euro after his conservative party narrowly beat the left-wing Syriza party, which had threatened to renounce the bailout deal with the country's creditors.

Mental illness now accounts for almost half of all ill health among people of working age and has the same impact on life expectancy as smoking, according to a devastating report.

A panel of experts says the National Health Service is failing to provide even the most basic treatment for mental illness to millions of people.

Ireland's ill-fated European Championship adventure ended Monday as it had begun, with a two-goal defeat that served to underline how ill-equipped coach Giovanni Trapattoni's side really is for life at this level.

Egypt's ousted president, Hosni Mubarak, is reportedly in a coma after suffering a stroke in prison, fueling uncertainty in a country that faces fresh unrest and power struggles in its post-revolution era.


READ THE ORIGINAL POST AT www.sfgate.com

Friday, June 22, 2012

New Greek coalition govt sworn in

The new Greek pro-bailout coalition government was sworn in on Thursday evening, aiming to revise the tough terms of international bailout deals keeping the debt-laden country afloat since 2010 without endangering its place in the euro.

READ THE ORIGINAL POST AT www.globaltimes.cn

Europe must be "sensitive" to Greek people's feelings: French FinMin

French Finance Minister Pierre Moscovici said Thursday that Europe must be more "sensitive" to the Greek people and take steps to help revive the country's economy.

READ THE ORIGINAL POST AT www.globaltimes.cn

Wednesday, June 20, 2012