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How the world sees Greece
Tuesday, October 9, 2012
Merkel gets a hostile reception on Greek visit
ATHENS, Greece (AP) — German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks Tuesday when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago.
Merkel tells irate Greeks painful reforms will pay off
ATHENS (Reuters) - Tens of thousands of angry Greek protesters filled the streets of Athens on Tuesday to greet German Chancellor Angela Merkel, who offered sympathy but no promise of further aid.
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| READ THE ORIGINAL POST AT www.reuters.com |
Thousands of Greeks protest Angela Merkel visit
Tens of thousands of angry Greek protesters filled the streets of Athens on Tuesday to greet German Chancellor Angela Merkel, who offered sympathy but no promise of further aid on her first visit since the euro crisis erupted three years ago.
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| READ THE ORIGINAL POST AT worldnews.nbcnews.com |
'Lagarde list' intrigue fuels Greek taxpayer anger
 New York Times | 'Lagarde list' intrigue fuels Greek taxpayer anger MarketWatch (blog) The story has taken on the twists of a political thriller, but there's no mistaking the potential fury the ongoing controversy over the “Lagarde list” of alleged Greek tax evaders could unleash among austerity-weary Greek taxpayers. Last week, a former ... Missing List of Names Widens Greek Political Fissure A Second Greek Man Has Been Found Dead Since The Emergence Of 'The ... A Second Greek Man On 'The Lagarde List' Has Been Found Dead |
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| READ THE ORIGINAL POST AT blogs.marketwatch.com |
Merkel gets a hostile reception on Greek visit
ATHENS, Greece (AP) — German Chancellor Angela Merkel got a hostile reception from many ordinary Greeks Tuesday when she flew into Athens on her first visit to the country since its debt crisis erupted three years ago.
To get the loans, it has implemented a series of deep budget cuts and tax hikes, while increasing retirement ages and facilitating private sector layoffs.
Merkel's stop in Athens was welcomed by the Greek government as a much-needed boost for the country's future in Europe — but protesters viewed it as a harbinger of further austerity and hardship.
Merkel's visit followed a subtle shift in political rhetoric in Germany toward the Greeks, with the chancellor repeating her desire to keep Greece in the eurozone and urging political allies to refrain from public criticism of the Athens government.
The visit was also likely aimed at preventing the opposition Social Democrats from criticizing her for allegedly failing to display strong personal leadership in the euro crisis in the run-up to national elections expected in about a year.
A senior Greek government official said rescue creditors had given the country a list of around 90 structural reforms to be approved immediately so that the vital next loan installment could be paid sometime next month.
To get the loans, it has implemented a series of deep budget cuts and tax hikes, while increasing retirement ages and facilitating private sector layoffs.
Merkel's stop in Athens was welcomed by the Greek government as a much-needed boost for the country's future in Europe — but protesters viewed it as a harbinger of further austerity and hardship.
Merkel's visit followed a subtle shift in political rhetoric in Germany toward the Greeks, with the chancellor repeating her desire to keep Greece in the eurozone and urging political allies to refrain from public criticism of the Athens government.
The visit was also likely aimed at preventing the opposition Social Democrats from criticizing her for allegedly failing to display strong personal leadership in the euro crisis in the run-up to national elections expected in about a year.
A senior Greek government official said rescue creditors had given the country a list of around 90 structural reforms to be approved immediately so that the vital next loan installment could be paid sometime next month.
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| READ THE ORIGINAL POST AT www.sfgate.com |
As protests flare, Merkel says Greece recovery on track
German Chancellor says Greek government has covered "much of the ground" to restore ailing economy to health
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Greece Can Expect Decision By November
 AFP | Greece Can Expect Decision By November Fox Business A two-year extension to Greece's fiscal targets -- reaching a 4.5% gross domestic product primary surplus -- will "have to be considered" by euro-zone finance ministers. He said that the European Commission had "a certain view" on this but he preferred ... Euro Finance Chiefs to Give Positive Greece View, Rehn Says Eurozone finance ministers cautious on Greece, use of ESM Greece given 10 days to act on broken promises |
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Merkel Visits Greece Amid Mass Protests, Pledges Support On 'Difficult Path'
 RTT News | Merkel Visits Greece Amid Mass Protests, Pledges Support On 'Difficult Path' RTT News German Chancellor Angela Merkel has pledged her country's continuing support to Greece amid lingering concerns about Europe's debt crisis. The German leader, who arrived in Athens on Tuesday to meet with Greek leaders regarding the ongoing debt ... |
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GREECE: Merkel pledges support for Greece on Athens visit
German Chancellor Angela Merkel said at a meeting with Greek Prime Minister Antonio Samaras in Athens on Tuesday that the “tough path” of punishing spending cuts will pay off, while thousands took to the streets to protest her visit.
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| READ THE ORIGINAL POST AT www.france24.com |
Merkel Sees Hope Amid Greek Protest
Germany's Angela Merkel, on her first visit to Athens since Europe's debt crisis began, said she saw "light at the end of the tunnel" for Greece as the country struggles through a painful austerity program.
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| READ THE ORIGINAL POST AT online.wsj.com |
Gold capped as euro slides on Greek, Spanish worries
Gold capped as euro slides on Greek, Spanish worries Reuters LONDON (Reuters) - Gold prices trimmed their losses on Tuesday, but stayed under pressure as concerns over the euro zone's peripheral economies sent the euro to session lows versus the dollar. The dollar/gold correlation - where a stronger dollar would ... |
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Protests in Athens over German Chancellor Angela Merkel's visit to Greece
Protests in Athens over German Chancellor Angela Merkel's visit to Greece.
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| READ THE ORIGINAL POST AT www.telegraph.co.uk |
Merkel Says Greece Covered ‘Much Ground’
ATHENS, Greece — German chancellor Angela Merkel said Greece has covered “much of the ground” required for recovery, during her landmark visit to the financially stricken country. Merkel, who stopped in Athens on Tuesday for five hours, said she hoped Greece would remain in the 17-country group that uses the nation eurozone and stressed the [...]
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| READ THE ORIGINAL POST AT business.time.com |
Gulf of Guinea pirates free Greek-operated tanker
Gulf of Guinea pirates free Greek-operated tanker Reuters ATHENS Oct 9 (Reuters) - Pirates freed a Greek-operated gasoline tanker on Tuesday that they had hijacked over the weekend in the Gulf of Guinea, the operator of the Bahamas-flagged ship said, adding that the crew were all safe. The tanker Orfeas ... |
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Merkel arrives in Greece to hostile welcome
Police disperse protesters trying to storm barricade in Athens as German chancellor holds talks with Samaras over debt.
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| READ THE ORIGINAL POST AT www.aljazeera.com |
Merkel Sees Hope, as Greeks Protest
 Wall Street Journal | Merkel Sees Hope, as Greeks Protest Wall Street Journal ATHENS—German Chancellor Angela Merkel, on her first visit to Athens since Europe's debt crisis began, said Tuesday she saw "light at the end of the tunnel" for Greece as the debt-stricken country battles through a painful austerity program aimed at ... Greek police clash with protesters during Merkel visit Official Warmth and Public Rage for German Leader in Athens Merkel to face Greek anger over austerity |
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Troika's Review on Greece Was Positive
Troika's Review on Greece Was Positive - Source Wall Street Journal "Inspectors' review on Greece at the Eurogroup yesterday was positive," the official said reporters after the German Chancellor's Angela Merkel and the Greek Prime Minister's Antonis Samaras meeting in Athens. Talks between Greece and inspectors, from ... |
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Eurogroup pushes compliance with troika
Eurozone finance ministers gave their Greek counterpart, Yannis Stournaras, several verbal pats on the back over the country's fiscal adjustment efforts at the start of a Eurogroup meeting in Luxembourg on Monday.
But their niceties soon gave way to demands for compliance to the troika of EU-IMF-ECB inspectors regarding their prescriptions for structural reforms and austerity measures on which Athens has supposedly dragged its feet.
But their niceties soon gave way to demands for compliance to the troika of EU-IMF-ECB inspectors regarding their prescriptions for structural reforms and austerity measures on which Athens has supposedly dragged its feet.
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| READ THE ORIGINAL POST AT www.athensnews.gr |
Germany's Merkel Affirms Support for Greece as Clashes Break Out in Athens
Germany's Merkel Affirms Support for Greece as Clashes Break Out in Athens Wall Street Journal ATHENS--German Chancellor Angela Merkel Tuesday affirmed her support for Greece's continued membership inside the euro zone during a whistle-stop visit to the Greek capital, as tens of thousands of demonstrators protested in the city center against her ... |
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| READ THE ORIGINAL POST AT online.wsj.com |
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