Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Thursday, August 23, 2012
Merkel and Hollande unite in tough message for Greece
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.
Merkel: Important Greece sticks to commitments
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. ...
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 |
Euro Watch: Conciliatory Notes in Germany on Easing Greece's Burden
German minister skeptical on more time for Greece
Associated Press
Copyright 2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
Updated 7:11 a.m., Thursday, August 23, 2012
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.
Greece, Germany at Odds Ahead of Talks
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 ... |
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 ... |
Report: Greece ready to cash in on 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."
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 ... |
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 |
Samaras: Greece euro exit could spark more
Samaras tours Europe to win support and time
Germany and France in Greek talks
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' |