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Showing posts with label politics of greece. Show all posts
Showing posts with label politics of greece. Show all posts

Monday, September 10, 2012

Greece Wrestles With Cuts to Unlock Bailout Funds

Greece had tough talks with its European lenders over an 11 billion euro package of budget cuts needed for the country to receive its next allotment of bailout money.

READ THE ORIGINAL POST AT www.nytimes.com

Press Watch, September 10

The troika is back and it is lashing out with a vengeance against Greek senior citizens and civil servants, demanding sackings and an extra 2.5 billion euros in budget cuts. They had already made sure to decimate the income of pensioners – both public and private sector - thus transforming Greeks’ golden years into rust.

READ THE ORIGINAL POST AT www.athensnews.gr

Greek PM seeks to convince creditors of austerity plan

The head of Greece’s government holds crucial talks in Athens with representatives of the international lenders that are funding the country’s financial bailout packages.

READ THE ORIGINAL POST AT www.dw.de

Sunday, July 8, 2012

Greek finance minister: Privatizations are 'highest priority' to get economy going


Globe and Mail

Greek finance minister: Privatizations are 'highest priority' to get economy going
Washington Post
ATHENS, Greece — Greece's three-party coalition government will try to get the economy out of its deep recession by encouraging private investment and making privatizations its “highest priority,” finance minister Yannis Stournaras said Saturday.
Greek Finance Minister Says Privatizations Are Main PriorityWall Street Journal
Greek socialist leader warns of deeper recessionReuters
Greek opposition leader says government won't lastHouston Chronicle
Globe and Mail
all 215 news articles »

READ THE ORIGINAL POST AT www.washingtonpost.com

Saturday, July 7, 2012

Coalition has the solution for Greece, says Kouvelis

The last of the political leaders to take the parliament podium, Democratic Left head Fotis Kouvelis was quick to point out that the coalition government could assure Greece's place in the euro, its disconnection from the memorandum and the country's exit from its current financial pit.

He noted that the Democratic Left would be picking up "the entirety of the responsibilities belonging to the party, from its participation in this coalition (...)

READ THE ORIGINAL POST AT www.athensnews.gr

Greek opposition leader says government won't last


Greek opposition leader says government won't last
Houston Chronicle
ATHENS, Greece (AP) — The leader of Greece's main opposition party has accused the country's three-party coalition government of wanting to sell Greece's resources and public companies on the cheap. Alexis Tsipras, head of the Coalition of the Radical ...


READ THE ORIGINAL POST AT www.chron.com

Kammenos calls coalition "another Simitis government"

The leader of the Independent Greeks Panos Kammenos, during his speech concerning the government policy, made it absolutely clear that his party would not be offering any support to the Antonis Samaras led coalition.

In his speech, he accused the coalition of the Democratic Left, Pasok and New Democracy of effectively being "just another Simitis government".

READ THE ORIGINAL POST AT www.athensnews.gr

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.

READ THE ORIGINAL POST AT www.aljazeera.com

Friday, July 6, 2012

New Greek PM to outline crisis policy

ATHENS, Greece (AP) — New Greek Prime Minister Antonis Samaras will outline how his coalition government intends to deal with the country's massive financial crisis, as an inspection of Greece's public finances continues.

READ THE ORIGINAL POST AT hosted2.ap.org

Thursday, July 5, 2012

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, (...)

READ THE ORIGINAL POST AT www.athensnews.gr

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.

READ THE ORIGINAL POST AT www.athensnews.gr

New Greek government pins hopes on privatisations


AFP

New Greek government pins hopes on privatisations
AFP
By Alex Pigman (AFP) – 53 minutes ago. ATHENS — Greece's new government formally takes office this week and looks set to push privatisation so as to win favour and funds from EU-IMF creditors who are inspecting the country's strained finances.
Gloom and doom at Greek economic conferenceThe News International
Greek Government To Present 'Alarming' Data In Aim To Renegotiate BailoutHuffington Post
Greek government says aims to cut deficit, revive economyReuters
Canada.com
all 755 news articles »

READ THE ORIGINAL POST AT www.google.com

Monday, July 2, 2012

Troika of international lenders returns to Greece

For the first time since October 2011, representatives from the EU commission, the IMF and the ECB - the "troika" of international lenders - will meet in Athens to monitor the progress of Greek efforts to reform.

READ THE ORIGINAL POST AT www.dw.de

Greece receives remaining payment from the last EU bailout


Greece receives remaining payment from the last EU bailout
Forexrazor
FXstreet.com (Barcelona) - According to a Greek government official the country has received 1... For more information, read our latest forex news ...

and more »

READ THE ORIGINAL POST AT www.forexrazor.com

Wednesday, June 27, 2012

Greek president to fly economy class to Brussels


New York Times

Greek president to fly economy class to Brussels
Reuters
Octogenarian president gave up salary in February* Leading Greek delegation to two-day summit* Government under pressure from public angry over cutsBy ...
New Greek PM Samaras names cabinet membersMercury-Register
Before Talks With Lenders, Greece Appoints Finance MinisterNew York Times
New Greek PM, finance minister in hospitalDailyFinance
Washington Post -Fox News
all 564 news articles »

READ THE ORIGINAL POST AT www.reuters.com

Greece on the fence over bailout renegotiation

The renowned economics professor Jannis Stournaras faces a Herculean task as Greece's new finance minister. In Greece, he has to implement reforms; abroad, he has to renegotiate the terms of a non-negotiable bailout.

READ THE ORIGINAL POST AT www.dw.de

Renegotiation Of The Greek Bailout? Don't Count On It


Hurriyet Daily News (press release)

Renegotiation Of The Greek Bailout? Don't Count On It
Seeking Alpha
Some of the main components of the blueprint of the Greek coalition government are proposals for the extension of Greece's "fiscal adjustment period" by at least ...
Cyprus to Take Over European PresidencyNew York Times
Cyprus seeks bailout, following Spain. Who's next?Christian Science Monitor
Cyprus seeks bailout from eurozone, Country cites its exposure to ...Bend Bulletin
CNBC.com -Hurriyet Daily News (press release) -The Australian
all 1,044 news articles »

READ THE ORIGINAL POST AT seekingalpha.com

Tuesday, June 26, 2012

Yannis Stournaras takes over as Greek finance minister

The man who took Greece into the euro ten years ago has become the country’s latest finance minister. He is replacing banker Vassilis Rapanos who was forced to resign due to health reasons.

READ THE ORIGINAL POST AT www.dw.de

Greece Appoints New Finance Minister


Christian Science Monitor

Greece Appoints New Finance Minister
Wall Street Journal
Greece's new government on Tuesday picked Yannis Stournaras, a 55-year-old professor of economics, to be finance minister, replacing the previous nominee ...
Greece Names Stournaras as New Finance MinisterNew York Times
Greece: New government hit by fresh resignation, deputy minister quitsWashington Post
Greece names new finance ministerChristian Science Monitor
Atlanta Journal Constitution
all 427 news articles »

READ THE ORIGINAL POST AT online.wsj.com

Greek PM Accepts Deputy Merchant Marine Minister Resignation


Greek PM Accepts Deputy Merchant Marine Minister Resignation
Wall Street Journal
ATHENS--Greek Prime Minister Antonis Samaras has accepted the resignation of Deputy Merchant Marine Minister Giorgos Vernikos, the prime minister's office ...

and more »

READ THE ORIGINAL POST AT online.wsj.com