Greece reportedly given more time to fix ailing state budget

Greece's international creditors have granted it two more years to reign in its public deficit, a German newspaper has reported. Citing a draft deal it said Greece will still receive its next trance of bailout aid.

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Greece has another month before debt assessment

Jean-Claude Juncker, the head of the eurogroup of finance ministers, says Greece will not learn whether it's done enough to get its next batch of bailout cash for at least a month.

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European Ministers Debate Bailouts

Euro-zone finance ministers indicated they may consider giving Greece more time to meet its budget goals but ruled out additional aid for the country, while urging Spain to come clean on its overall financing needs.

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Euro ministers to discuss giving Greece more time

Greece may be given some more breathing room to meet its bailout commitments but no more money, European finance ministers indicated Friday as they gathered in Cyprus for a top-level meeting.

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Greece to Toughen Hate Crime Sentencing

Greece to Toughen Hate Crime Sentencing ABC News Greece will toughen sentencing for hate crimes, following a surge in attacks against immigrants and violence involving members of a far-right political party, the country's justice minister said Wednesday. Antonis Roupakiotis said racially motivated ... and more »

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Greece revs up privatization drive to sway troika

AFP

Greece revs up privatization drive to sway troika Reuters ATHENS (Reuters) - Greece kickstarted a stalled privatization drive on Wednesday to appease international lenders, saying it would start the sale of 29 percent of one of its most profitable companies - gambling monopoly OPAP - next week. Inspectors ... Greece faces more anti-austerity strikes, protestsThe Associated Press Greece Aid Decision May Be Delayed to November - EU SourcesWall Street Journal all 473 news articles »

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Greece revs up privatisation drive to sway troika

Business Recorder

Greece revs up privatisation drive to sway troika Reuters ATHENS, Sept 12 (Reuters) - Greece outlined a plan to sell one of its most profitable state-controlled companies, gambling monopoly OPAP, reviving a stalled privatisation drive to appease international lenders. Inspectors from the troika of European ... Greece faces more anti-austerity strikes, protestsThe Associated Press Greece Aid Decision May Be Delayed to November - EU SourcesWall Street Journal all 406 news articles »

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Greeks eye 'war reparations' from Germany as markets await euro ruling

Telegraph.co.uk

Greeks eye 'war reparations' from Germany as markets await euro ruling Telegraph.co.uk The Greek government has dedicated four officials to raking over the archives from the period of German occupation, which lasted from 1941 to 1945, according to the newsgroup ekathimerini.com. “The matter remains pending," it quoted deputy finance ... Euro Crisis Faces Tests in German Court, Greek InfightingSan Francisco Chronicle New package of Greek budget cuts questioned by the TroikaFXstreet.com all 2,321 news articles »

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Greek PM meets austerity inspectors over further cuts

Greece's prime minister started a new round of negotiations today with representatives of the country's bailout creditors, who are demanding a fresh set of controversial austerity cuts to release the next batch of rescue loans the country desperately needs to stay afloat.

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Greece talks with lenders drag on

Greece talks with lenders drag on NEWS.com.au "We still have a long way to go. We have not completed anything, we spoke in general terms," the source said on Sunday after talks between Finance Minister Yannis Stournaras and representatives of the so-called troika of the European Union ...

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Head of Greek privatisation fund resigns: source

The chief executive of Greece's privatisation fund has resigned, his office said on Friday, citing a lack of government support, planning delays and forecasting paltry asset sales this year.

"Without the government's unreserved support it is clearly impossible to rapidly carry out the privatisation programme," the outgoing executive, Costas Mitropoulos, said in a resignation letter to the finance ministry.

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Greek Civil Servants Face More Cuts in Pensions, Union Says

Greek Reporter

Greek Civil Servants Face More Cuts in Pensions, Union Says Bloomberg By Marcus Bensasson - 2012-07-20T10:13:09Z. The Greek government plans to cut lump-sums paid to civil servants on retirement by more than a fifth, according to the civil servants' union, which said it will resist the measure. The one-time pension ... Civil Servants Face More Cuts In Pensions, Union SaysGreek Reporter Greece to Slash Benefits Paid to Retired Civil Servants:Union GroupWall Street Journal all 8 news articles »

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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.

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Greece says will carry out reforms, privatisations

Bradenton Herald

Greece says will carry out reforms, privatisations Reuters Finance minister makes pledge in first policy speech* Warns of long and arduous talks with troika* Opinion poll shows Greeks split on sticking with bailoutBy George GeorgiopoulosATHENS, July 7 (Reuters) Greece must hit targets or risk losing aid: ministerChicago Tribune From Ireland to Greece: Tragedy and Renewal in the Eurozone CrisisHuffington Post Greek opposition leader says government won't lastBradenton Herald all 161 news articles »

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Greek PM seeks 'adjustments' to bailout deal

Antonis Samaras wants extension of "deficit benchmarks" by two years as he spells out his government's strategy.

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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.

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No more cash for Greece unless programme on track -official

No more cash for Greece unless programme on track -official Reuters BRUSSELS, July 6 (Reuters) - There will be no further cashdisbursement to Greece until euro zone ministers determine thatthe conditions tied to its rescue programme are being met, asenior euro zone. No more cash for Greece unless programme on track: OfficialEconomic Times all 2 news articles »

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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 ...

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Greece to present EU-IMF inspectors 'alarming' data, seeks extension for ...

Greece to present EU-IMF inspectors 'alarming' data, seeks extension for ... Washington Post ATHENS, Greece — Greece's new government will present “alarming” data on its recession and unemployment to international debt inspectors this week, in a bid to renegotiate the terms of its bailout agreements.

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Greece To Present Debt Inspectors 'Alarming' Data

Greece To Present Debt Inspectors 'Alarming' Data NPR ATHENS, Greece (AP) — Greece's new government will present "alarming" data on its recession and unemployment to international debt inspectors this week, in a bid to renegotiate the terms of its bailout agreements. Government spokesman Simos ...

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