Tens of thousands of Greeks took to the streets of Athens on Wednesday during a nationwide strike against wage cuts and high taxes that kept ferries stuck in ports, schools shut and hospitals with only emergency staff.» Read More
Greece on Monday said it would conduct its bond buyback offer through a modified Dutch auction method in which investors declare how much they are willing to sell their bonds at before the price is determined.» Read More
ATHENS, Feb 19- French President Francois Hollande used a visit to hard-hit Greece on Tuesday to press his pro-growth agenda, saying fiscal reform could not be achieved by austerity alone. "We must make sure that growth and jobs come back in Greece," Hollande said. " Samaras praised Paris for having helped Greece stay in the euro zone, despite its debt crisis.
DOHA, Jan 29- The wealthy Gulf state of Qatar pledged on Tuesday to invest up to 1 billion euros in Greek companies, money which could help Greece recover from its debt crisis.
DOHA, Jan 29- Qatar signed an agreement with Greece on Tuesday for the wealthy Gulf state to invest in small and medium-sized Greek companies, officials from both countries said. The agreement was reached during a visit by Greek Prime Minister Antonis Samaras to Qatar.
Jan 21- When the 2012 Nobel Peace Prize was awarded to the European Union, jaws dropped from Belfast to Belgrade. Many think that is a strange way of interpreting the last 100 years, given that the maintenance of a free Europe since the end of World War Two is due more to the thankless diligence of NATO and the unsung generosity of the United States.
ATHENS, Jan 17- Greece must resist internal political pressure to slow economic reforms in a year that will dictate whether it avoids bankruptcy, Finance Minister Yannis Stournaras told Reuters in an interview.
*Tsipras requested meeting with Schaeuble on Berlin visit. BERLIN, Jan 14- Greek leftist firebrand Alexis Tsipras told German Finance Minister Wolfgang Schaeuble in brief talks on Monday that Berlin- backed reforms being pursued by the Greek government had been a total failure, pushing up unemployment and poverty in his country.
BERLIN, Jan 8- Greece is making enormous efforts to get its economy back on track despite the pain this involves for its citizens, its prime minister Antonis Samaras said on Tuesday on a visit to Germany, chief champion of austerity in Europe.
Back in May, as the euro zone veered deeper into crisis, Nobel Prize-winning economist Paul Krugman penned one of his gloomiest columns about the single currency, a piece in the New York Times entitled "Apocalypse Fairly Soon".
ATHENS, Dec 17- Political resistance and potential court challenges are among "very large" risks to reforms required for Greece's bailout programme, the country's European lenders said on Monday.
*Berlin, Paris diverge on looser budget rules, ECB warns. BRUSSELS, Dec 14- Germany rebuffed calls for more financial risk-sharing in the euro zone on Friday, rejecting a proposal for a fund to help debt-laden countries cope with economic shocks and leaving open who would pay to wind down stricken banks.
*Greece submits tax bill to parliament. ATHENS, Dec 14- Greece has formally unveiled a bill to boost tax revenues under the terms of its international bailout, part of a two-pronged attack to get its citizens and firms to pay their way.
LONDON, Dec 14- The euro zone recession has deepened in the current quarter after the bloc's private sector contracted for the 11th straight month in December, a purchasing managers' index suggested on Friday.
*Spot gold inched down 0.1 percent to $1,694.35 an ounce by 0036 GMT, on course for a 0.5- percent weekly decline. President Barack Obama and House of Representatives Speaker John Boehner met for about an hour on Thursday as frustration mounted over the lack of progress in budget talks.
BRUSSELS, Dec 13- The euro zone agreed on Thursday to provide nearly 50 billion euros in long-delayed aid to Athens, prompting its Prime Minister Antonis Samaras to declare an end to talk of a Greek exit from the single currency.
Greece may ask for additional offers from bondholders in a debt buyback plan that forms part of its international bailout, Greek officials said on Sunday.
ATHENS, Dec 7- Greece's three biggest banks won board approval to take part in the country's debt buyback which expires on Friday, putting Athens on track to meet targets set by international lenders.
ATHENS, Dec 7- Greece's biggest banks asked their boards to approve selling back as much as their entire holdings of national debt, banking sources said on Friday, putting Athens on track to meet a target set by its international lenders.
Greece says it is sticking to plans to close its offer to buy back its own bonds from investors on Friday in a deal that should meet a debt write down target set by its international lenders.
ATHENS, Dec 7- Greece's five biggest banks said they would take part in the country's debt buyback which expires on Friday, putting Athens on track to meet targets set by international lenders.
SALAMINA, Greece, Dec 6- Egyptian immigrant Waleed Taleb says demanding his unpaid wages in Greece came at a heavy price; 18 hours chained and beaten by his boss, a stint in jail and orders to leave the country he calls home.