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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

Wednesday, August 29, 2012

France offers to pick up tab for young hires

France’s President Francois Hollande, waves to the media during a joint statement with Greece's Prime Minister Antonis Samaras at the Elysee Palace, Paris, Saturday, Aug. 25, 2012. (AP Photo/Michel Euler)The French government wants companies to hire young people so much that it's offering to pick up the tab.



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Greek leaders back austerity measures to stave off bankruptcy

Yannis Stournaras said officials from the three parties in the shaky, conservative-led coalition would hold further talks to settle remaining "technical" issues. "The basic scenario has been finalized, there are one or two minor issues that remain unresolved," Stournaras said after attending Samaras' meeting with the heads of the smaller Socialist PASOK and Democratic Left parties. The two-month-old government has...

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Greek Leaders Near Final Plan for Cuts

Greece's political leaders appeared close to agreeing on a package of austerity measures, with a deal expected before inspectors from its international creditors arrive in Athens next week.

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Press Watch, August 29

Can the queen of neo-liberalism be a bleeding heart liberal? Well, that’s what Angela Merkel would like us to think, at least if one is to believe the reports in the Athens press. The German chancellor is quoted in dailies as having said that, “My heart bleeds for Greece”.

The full quote reads, “One’s heart bleeds when one sees the cuts in public sector and private sector employees.

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Greece, Switzerland Near Deal on Tax Evasion Treaty


Greece, Switzerland Near Deal on Tax Evasion Treaty
Greek Reporter
After long negotiations, Greece and Switzerland are reportedly set to sign an agreement that would give the ailing Greek government access to information about accounts held in Swiss banks by Greek citizens. The document was detailed in the the German ...


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Greek coalition leaders back outline of new austerity measures needed to stave ...


AFP

Greek coalition leaders back outline of new austerity measures needed to stave ...
Washington Post
ATHENS, Greece — Greek Prime Minister Antonis Samaras and his junior coalition partners have reached a broad agreement on the latest round of spending cuts demanded by the country's creditors to keep vital rescue loans flowing, the country's finance ...
Greek leaders agree on new cuts but not how they fallReuters
Greek Budget Cut Plan Has Basically Been Finalized - Fin MinWall Street Journal
Greek coalition leaders debate new austerity driveSacramento Bee

all 132 news articles »

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Greek coalition leaders back outline of new cuts

ATHENS, Greece (AP) — Greek Prime Minister Antonis Samaras and his junior coalition partners have reached a broad agreement on the latest round of spending cuts demanded by the country's creditors to keep vital rescue loans flowing, the country's finance minister said Wednesday.

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Greek Budget Cut Plan Has Basically Been Finalized


Greek Budget Cut Plan Has Basically Been Finalized - Fin Min
Wall Street Journal
ATHENS--Greece's finance minister said Wednesday that leaders from the three parties that make up the country's coalition government have largely agreed on billions of euros worth of budget cuts the country must take to meet its commitments to ...


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Greece says technical issues left in austerity plan


Greece says technical issues left in austerity plan
Reuters
ATHENS Aug 29 (Reuters) - Greece's government has agreed on the broad framework for nearly 12 billion euros in spending cuts for the next two years, with only technical issues outstanding, the country's finance minister said on Wednesday. "The package ...


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Europe's Imminent Revolution


Belfast Telegraph

Europe's Imminent Revolution
Gatestone Institute
The political parties that negotiated the bailouts of Greece in 2010 and 2011 had secured a majority in the new parliament and formed a government that was committed to avoiding a Greek default. Europe's political leaders could now hasten to damp down ...
Greece: We Need to Stop Confusing Default with ExitForbes
Merkel Reins In Greek Exit Talk in Euro's Decisive PhaseBloomberg
Don't blame the Greeks for the state of the euroBelfast Telegraph
Boston.com -Business Insider
all 1,093 news articles »

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Greek coalition leaders debate new austerity drive


Greek coalition leaders debate new austerity drive
Boston.com
Antonis Samaras was outlining the proposed cutbacks Wednesday to the heads of the Socialist and Democratic Left parties. Samaras' conservatives formed a coalition with the two smaller pro-bailout parties in June, after two successive inconclusive ...
Greek governing coalition leaders debate new austerity measures needed to ...Washington Post

all 22 news articles »

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For the good of Spain, not the party


AFP

For the good of Spain, not the party
Financial Times
Like Greece, Ireland and Portugal before it, Spain appears unwilling to make a formal request for international financial aid – beyond that agreed for its banks – unless its slide into the abyss becomes irreversible. Doubtless this reflects the ...
Catalonia heightens Spanish debt fearsCNN
Shut Out of the Debt Markets, Catalonia Asks Madrid for Emergency AidNew York Times
Spanish Recession Deepens as Austerity Damps Outlook: EconomyBloomberg
Reuters -Businessweek -The Guardian
all 615 news articles »

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