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Antonis Samaras

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  • Euro zone mulls longer Greek bailout, Athens refuses Thursday, 4 Dec 2014 | 6:28 PM ET
    Greek Prime Minister Antonis Samaras

    Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program.

  • ATHENS, Dec 4- Euro zone ministers are considering extending Greece's bailout by six months to mid-2015, according to a document obtained by Reuters, but Athens said it was only willing to consider an extension of a few weeks to the unpopular program. "Greece has not received any written proposal on an extension," a government official told Reuters.

  • An extension of the bailout, under which Athens will have received a total of 240 billion euros since 2010, is necessary because international lenders and the Greek government are still negotiating what Athens must do to get the remaining 1.8 billion euros and secure a back-up credit line for after the bailout ends and Greece returns to market financing.

  • BRUSSELS/ ATHENS, Dec 3- Greece will have to ask for an extension on its bailout program before parliaments in euro zone nations close for Christmas because a new credit line will not be ready in time, a senior euro zone official said on Wednesday. After two bailouts totalling 240 billion euros since 2010, Greece wants to switch back to market financing from the...

  • ATHENS, Dec 2- Greece has rejected its international lenders' demands for tax rises and income cuts next year, Prime Minister Antonis Samaras said on Tuesday, arguing such measures would be disastrous for the country which has emerged from a deep economic recession. "Greece has done a lot already," Samaras said during an economic conference. The finance ministry...

  • ATHENS, Dec 2- Greek opposition leader Alexis Tsipras promised on Tuesday that if elected, he would swiftly scrap the country's EU/IMF bailout without waiting for the outcome of talks with lenders. Greece could face early elections next year, depending on the outcome of a separate vote to elect a president. Tsipras reiterated his call for the European Union to...

  • *Athens wants to conclude review so it can exit bailout. ATHENS, Nov 24- Greece's government will resume stalled talks with EU/IMF lenders in Paris on Tuesday, as Athens pushes to conclude a crucial review by inspectors so it can make an early exit to an unpopular bailout programme. But talks floundered over a projected budget gap for next year and EU/IMF...

  • *Athens wants to exit bailout one year ahead of time. ATHENS, Nov 18- Greece is locked in tough negotiations with its foreign lenders, with "nerves stretched" on both sides, the finance minister warned on Tuesday, raising the temperature as Athens tries to exit an unpopular bailout programme. Inspectors from the European Union and the International Monetary Fund...

  • CAIRO, Nov 8- Egypt, facing its worst power crisis in decades, on Saturday pledged greater energy cooperation with Greece and Cyprus, a diplomatic move that opened up the possibility of progress in talks to import natural gas from Cyprus. The meeting in Cairo between Anastasiades, Egyptian President Abdelfattah al-Sisi and Greek Prime Minister Antonis Samaras...

  • ATHENS, Nov 4- Alexis Tsipras, leader of Greece's far-left Syriza party, recently traveled to Frankfurt and Rome to meet European leaders. He is softening his confrontational tone with Greece's international lenders. Syriza, once a fringe far-left movement, is now the most popular party in Greece, representing the many voters who feel punished by the country's...

  • BRUSSELS, Oct 26- Outside the European Commission's hulking headquarters, a poster on a street lamp proclaims "Titanic: final weeks". It is advertising an exhibition in Brussels on the cruise liner sunk by an iceberg off Newfoundland a century ago. But as Jose Manuel Barroso spends his last few days at the helm of the European Union's often maligned executive arm,...

  • ATHENS, Oct 23- Greece's coalition government submitted promised tax relief legislation to parliament on Thursday as part of efforts to boost its flagging popularity and show Greeks that four years of austerity are nearing an end. Prime Minister Antonis Samaras, whose conservative party trails the anti-austerity Syriza party in opinion polls, has been...

  • LONDON, Oct 20- Portuguese government bond yields jumped on Monday as financial concerns over one of the country's largest listed companies and the approaching bankruptcy of the Espirito Santo family shook investor confidence in the fragile peripheral economy. The liquidation of the assets of Espirito Santo holding company Rioforte virtually ensures...

  • LONDON, Oct 20--- Neal Kimberley is an FX. After days of market mayhem, seemingly calmer conditions prevailing on Monday may prompt foreign exchange traders to question the euro's recent bounce from the $1.2550 level. Traders may conclude that the euro, trading at $1.2760 on Monday, has benefited from an unwinding of stale bets on the dollar, but that rise is not...

  • LONDON, Oct 20- Euro zone bond yields dipped on Monday after solid U.S. economic data eased some of the concerns over a slowdown in global growth that led to sharp sell-offs in peripheral debt last week. Signs that another recession may be brewing amidst a broader slowdown in global growth have caused investors to refocus on high debt levels in countries like...

  • LONDON, Oct 19- Evaporating inflation and slowing growth have put financial markets into such a spin that they could inflict further damage on the world economy. With the Fed set to turn off its money taps at the end of this month, investors appear to have woken up to poor growth prospects in much of the world, something International Monetary Fund chief Christine...

  • Samaras said Athens was talking with its lenders about what should happen if Greece succeeds in leaving its bailout programme by the end of December, a year ahead of schedule, as Greek officials hope. He sees one option as a credit line that Athens could tap post-bailout should it fall prey to future market turmoil. But the details of any such credit line have yet to...

  • European shares post biggest daily gain in three years Friday, 17 Oct 2014 | 12:37 PM ET

    LONDON, Oct 17- A key pan-European equity index posted its biggest daily gain in three years on Friday as stronger U.S. data fueled a rebound from recent sharp losses and speculation about monetary easing stabilized lower-rated euro zone bonds. The index extended gains after a widely followed survey showed U.S. consumer sentiment rose in October to the highest...

  • LONDON, Oct 17- European stocks were on track for their steepest daily rise in over a year on Friday as stronger U.S. data helped fuel a rebound from recent, sharp losses and worries about Greece's political stability eased. The index had fallen nearly 12 percent over the previous month, as a raft of weak euro zone macro economic data raised the specter of a new...

  • *Concern that Germany and ECB will do too little too late. PARIS, Oct 16- After a two-year siesta, the euro zone is back in the financial markets' firing line due to stagnating growth, low inflation, budget problems in France and Italy and rising political risk in Greece, where the bloc's debt crisis began in 2009.. But four overlapping factors have rekindled anxiety...