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Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Monday, July 2, 2012

Cyprus readies for bailout talks with EU, IMF


Famagusta Gazette

Cyprus readies for bailout talks with EU, IMF
Atlanta Journal Constitution
Cyprus foreign minister Erato Kozakou Marcoullis, right, and Greek Foreign Minister Dimitris Avramopoulos speak to the media during a press conference at Foreign house in capital Nicosia, Cyprus, Sunday, July 1, 2012. Dimitris Avramopoulos is in Cyprus ...
Greek FM: Turkey's threats against Cyprus must end immediatelyFamagusta Gazette
Greek FM: Turkey making mistake over CyprusJakarta Post

all 125 news articles »

READ THE ORIGINAL POST AT www.ajc.com

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

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 ...


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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 »

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ECB warns Greece as ministers plan softer bailout bid


Winnipeg Free Press

ECB warns Greece as ministers plan softer bailout bid
Reuters
Greece readying for review by troika of lenders* PM Samaras wants austerity eased, more time to cut debt* Manufacturing slump worsens, Credit Agricole in talks onEmporikiBy Deepa Babington and George.
Greece Accused of Wasting Time on Bailout NegotiationsWall Street Journal
Bailout envoy urges Greece to speed up reformsThe Associated Press

all 373 news articles »

READ THE ORIGINAL POST AT in.reuters.com

Greece receives remaining 1 billion euros of bailout tranche


Kathimerini

Greece receives remaining 1 billion euros of bailout tranche
Reuters
ATHENS (Reuters) - Greece received the remaining one billion euro portion of its latest bailout tranche which will provide some comfort to cash strapped state coffers, a senior government official said.
Athens to ask for EFSF deal to apply to Greece, tooKathimerini

all 11 news articles »

READ THE ORIGINAL POST AT www.reuters.com

EU, IMF officials to Cyprus for bailout talks


Famagusta Gazette

EU, IMF officials to Cyprus for bailout talks
Atlanta Journal Constitution
Cypriot President Demetris Christofias, right, meets with Greek Foreign Minister Dimitris Avramopoulos at the Presidential Palace, in Nicosia, Cyprus, Monday July 2, 2012. Avramopoulos is in Cyprus on a two-day official visit. (AP Photo/Philippos ...
Greek FM: Turkey's threats against Cyprus must end immediatelyFamagusta Gazette
Greek FM: Turkey making mistake over CyprusJakarta Post
Turkey's EU Ties on HoldJournal of Turkish Weekly

all 70 news articles »

READ THE ORIGINAL POST AT www.ajc.com

Press Watch, July 2

The upcoming inspection of the troika dominated headlines in the Athens press, as everyone will soon know how much of the renegotiating that the coalition government has promised is actually feasible.

With the government by all accounts having lowered expectations in the run-up to the visit, the main targets for the Greek government are two – a two-year extension of the fiscal adjustment period and the application of the EU summit deal for the direct (...)

READ THE ORIGINAL POST AT www.athensnews.gr

Syriza spokesman attacks government

“Greece cannot be used as a guinea pig, so that the rest of Europe will not ask (for money). It is necessary for the Greek government to raise a strong voice,” Syriza press spokesman Panos Skourletis said on Monday, speaking on state NET radio station on the EU Summit decisions.

Skourletis continued the criticism from Syriza of the government on its stance and also criticised the summit, calling it one of national subjugation.

READ THE ORIGINAL POST AT www.athensnews.gr

Top ECB official: Greece must fulfill reform targets '100 percent,' cool on ...


Top ECB official: Greece must fulfill reform targets '100 percent,' cool on ...
Washington Post
BERLIN — Greece must fulfill the targets of its austerity and reform program “100 percent” to stay in the euro, a top European Central Bank official said Sunday — offering little hope of substantial wiggle room for Athens and questioning whether it ...


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ECB official urges new Greek government to end delays on painful reforms


AFP

ECB official urges new Greek government to end delays on painful reforms
Washington Post
ATHENS, Greece — 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's Asmussen tells Greece to focus on reformsReuters
Recovering Greek leader faces crucial auditAFP
Rip off the Greek band aidSydney Morning Herald

all 314 news articles »

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Bailout envoy urges Greece to speed up reforms


Bailout envoy urges Greece to speed up reforms
CBS News
Bailout envoy urges Greece to speed up reforms.


READ THE ORIGINAL POST AT www.cbsnews.com

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

Mitigating Merkel's Mischief


Telegraph.co.uk

Mitigating Merkel's Mischief
Huffington Post (blog)
Europe was actually on the road to a slow recovery in 2009, until hedge funds began attacking Greek government bonds and Greece's neighbors did nothing. This process followed the disclosure by the newly elected Greek socialist government in October ...
Euro deal leaves deep divisions, lingering questionsmsnbc.com (blog)

all 1,067 news articles »

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Robert Kuttner: Mitigating Merkel's Mischief

Merkel, characteristically, still opposes any respite for the suffering Greeks. It is up to the rest of Europe to isolate her again so that she can reverse course citing changed circumstances. Nor is Merkel willing to seriously rein in the financial speculation against government bonds that turns moderate budgetary problems into dire crisis. This, too, will take the resolve of wiser leaders. Until German reunification in 1990, there was a delicate balance in the European Union, in which Germany was contained within a broader democratic Europe. Germany was an economic powerhouse, but was appropriately self-restrained politically. Given German history, this was only prudent. With reunification, Germany not only became even more potent economically, but began throwing its weight around politically. As Merkel keeps proving, this was not a good idea. The rest of Europe's leaders have now restarted the necessary project of containing German influence again, and not a moment too soon.

READ THE ORIGINAL POST AT www.huffingtonpost.com