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Antonis Samaras

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  • INTERVIEW-Tsipras vows to break Greece's "bad spell" Thursday, 18 Dec 2014 | 11:50 AM ET

    *Tsipras committed to keeping Greece in euro. In an interview at his party headquarters in a gritty Athens district, Tsipras sought to reassure markets wary of Syriza sweeping into power, saying he was committed to keeping Greece in the euro and keeping the budget balanced before debt costs. "The fear-mongering of 2012 and the fear today that if Syriza comes to...

  • Europe shares rally, led up by rebound for oil stocks Thursday, 18 Dec 2014 | 6:53 AM ET

    LONDON, Dec 18- European stocks rose on Thursday, led higher by energy-related stocks as oil rose and by strength in financials after the U.S. At 1135 GMT, the FTSEurofirst 300 index of top European shares was up 1.9 percent at 1,341.86 points. Oil companies topped the index, with Norway's Seadrill up 8.7 percent and Statoil up 6.4 percent, as Brent crude jumped 3...

  • *But Samaras discussed plans with Berlin, Brussels. But in contrast to a recent predecessor, he made sure before dropping the bombshell that Berlin and Brussels wouldn't stand in the way. With Berlin playing a decisive role in European aid for Greece, Samaras and Schaeuble spoke repeatedly by telephone in the days before the early vote was announced on Dec. 8,...

  • *Russia concerns cause DAX to underperform. LONDON, Dec 17- European equities staged a late recovery on Wednesday, as a rebound in energy stocks and new signs of economic stimulus measures from the European Central Bank lifted shares. Energy stocks added the most points to the pan-European FTSEurofirst 300 index, which had spent much of the day mired in negative...

  • Russian turmoil knocks back European equities Wednesday, 17 Dec 2014 | 9:53 AM ET

    LONDON, Dec 17- European shares fell on Wednesday, reversing part of Tuesday's recovery, as a new drop in oil prices and financial turmoil in Russia hit the region's main stock markets. Brent crude oil also traded below $60 a barrel on Wednesday, near 5-1/ 2 year lows, as major oil producers signalled they would maintain output despite a supply glut and faltering...

  • European equities get caught in the rout of the rouble Wednesday, 17 Dec 2014 | 6:54 AM ET

    PARIS, Dec 17- European shares fell on Wednesday, reversing part of Tuesday's recovery, as a new drop in oil prices and financial turmoil in Russia again weighed on the region's stock markets. Brent crude oil also traded below $60 a barrel on Wednesday, near 5 1/ 2- year lows, as major oil producers signalled that they would maintain output despite a supply glut and...

  • ATHENS, Dec 17- Greek Prime Minister Antonis Samaras called for support on Wednesday ahead of a tight parliamentary vote that will trigger elections unless he can win backing from independents and smaller parties that have so far rejected helping his coalition. Samaras, whose conservative/centre-left coalition has 155 deputies in parliament, must secure...

  • BRUSSELS, Dec 17- Five years after Greece sparked a sovereign debt crisis that threatened the euro's survival, the country again has the potential to rattle its currency partners if Greeks have to elect a new government next month. This is because almost 90 percent of Greek debt is now held by official creditors-- euro zone governments-- and, after the 2012...

  • Crucial Greek presidential vote fails in 1st round Wednesday, 17 Dec 2014 | 3:48 AM ET

    A second round, which also would require 200 for a victory, will now be held on Dec. 23, while a third round will take place on Dec. 29, when a tally of 180 votes will suffice. The votes come amid stalled negotiations between bailed-out Greece and its international creditors. The renewed political instability has roiled international markets, sending Greece's...

  • LONDON, Dec 16- Greece's future in the euro zone may hang in the balance once more, but investors believe the market fallout from any current political turbulence can be insulated, unlike during the region's sovereign debt crisis of 2012.. In fact, an HSBC list of the 10 biggest market risks for 2015 does not even mention Greece, even though if the Greek parliament...

  • EU promises Greece 'lighter surveillance' Tuesday, 16 Dec 2014 | 7:23 AM ET

    ATHENS, Greece— Greece is on course to end a draconian bailout program in February and switch to "much lighter surveillance," European Union Finance Commissioner Pierre Moscovici said Tuesday. Greece has been given a two-month extension to conclude bailout program negotiations after weeks of deadlocked talks on new cost-cutting measures demanded by the "...

  • ATHENS, Dec 16- Greece's anti-bailout Syriza party is more popular than Prime Minister Antonis Samaras' New Democracy but its lead has narrowed, an opinion poll showed early on Tuesday, a day ahead of the first round of a crucial presidential vote. The survey conducted by GPO pollsters for MEGA TV showed support for Alexis Tsipras' Syriza at 28 percent versus New...

  • EU: Greek defiance on debt would be 'suicidal' Monday, 15 Dec 2014 | 9:29 AM ET

    ATHENS, Greece— A refusal by Greece to repay bailout debts would be "suicidal" for the country, the European Union's top finance official said Monday in a clear warning to the country's popular opposition. Moscovici's two-day visit went ahead despite stalled negotiations between Greece and bailout creditors, and took place ahead of a parliamentary vote that...

  • BRUSSELS, Dec 14- The U.S. The Fed, which meets on Tuesday and Wednesday, first inserted that wording in its post-meeting statements in December 2012, promising then to maintain its highly accommodative monetary stance for a considerable time after its asset purchase program ends and the economic recovery strengthens. Since October, the more hawkish Dallas Fed...

  • ATHENS, Dec 13- Greece's radical leftist opposition leader, Alexis Tsipras, accused Prime Minister Antonis Samaras on Saturday of sowing fear in the country to win support for a presidential vote the government must win to avoid a snap election. Tsipras's Syriza party, which wants to tear up Greece's EU/IMF bailout deal, is likely to win an election, polls show, and...

  • ATHENS, Dec 13- Greece's radical leftist opposition leader, Alexis Tsipras, accused Prime Minister Antonis Samaras on Saturday of sowing fear in the country to win support for a presidential vote the government must win to avoid a snap election. Tsipras's Syriza party, which wants to tear up Greece's EU/IMF bailout deal, is likely to win an election, polls show, and...

  • Greek Crisis 2.0? Not quite yet Friday, 12 Dec 2014 | 12:01 PM ET

    A fast read on the situation in Greece:. Those measures would support the other eurozone countries and help keep markets from losing confidence in them even if something disruptive happens in Greece. Q: What happened in Greece to trigger all this?

  • European shares set for biggest weekly loss in 3 years Friday, 12 Dec 2014 | 11:11 AM ET

    The broad STOXX Europe 600 has lost 5.2 percent during the week, representing a wipeout in market capitalisation of roughly $468 billion, nearly twice the size of Greece's GDP. Saipem dropped 5 percent on Friday, hitting a 10- year low, while Royal Dutch Shell was down 2.4 percent, Repsol down 4.8 percent and CGG down 4.6 percent. Crude has dropped more than 45...

  • LONDON, Dec 12- European shares fell on Friday, with renewed declines in the price of oil hitting energy stocks, while political concerns over Greece also pegged back equities. Traders also remained concerned by Greece. In Greece, Prime Minister Antonis Samaras on Thursday warned the country risked a "catastrophic" return to the depths of its debt crisis if his...

  • There are very good reasons for this, though much has changed since the height of Greece's crisis. Even beyond Greece's own grave difficulties, should Syriza win an election, most likely to be held, if needed, in January or early February, it will shortly enter into negotiations, if not conflict, with the Troika of the European Commission, the International Monetary...