Greece

Greece reportedly given more time to fix ailing state budget

Greece reportedly given more time to fix ailing state budget

Deutsche Welle, 24 October 2012

Greece's international creditors have granted it two more years to reign in its public deficit, a German newspaper has reported. Citing a draft deal it said Greece will still receive its next trance of bailout aid.

IMF, Europe Remain Deadlocked Over Greece

IMF, Europe Remain Deadlocked Over Greece

 

Wall Street Journal, 13 October 2012

TOKYO—The International Monetary Fund and Europe remain deadlocked over how to tackle Greece's debt crisis, with Europe willing to consider only lower interest rates and longer debt repayments, while the IMF is pushing for a debt restructuring, according to senior European officials.

Top German Economists Say Greece Is Lost

Growth Warning
Top German Economists Say Greece Is Lost

Der Spiegel, 11 October 2012

Several top German economic institutes on Thursday warned that German growth is slowing as the country continues to be hampered by the ongoing euro-zone debt crisis. And Greece, they say, will be unable to "free itself from its debt burden" and will need another haircut.

Among Friends? The True Face of the German-Greek Partnership

Among Friends? The True Face of the German-Greek Partnership

Der Spiegel, 10 October 2012

Chancellor Angela Merkel expressed solidarity and friendship with Greece during her Tuesday visit in Athens with Prime Minister Antonis Samaras.

Greece looks out to sea for gas wealth salvation

Greece looks out to sea for gas wealth salvation

Reuters, 3 October 2012

(Reuters) - Offshore natural gas could dramatically change Greece's fortunes, should early estimates of $600 billion worth of reserves be confirmed, according to a study presented to Prime Minister Antonis Samaras in June and seen by Reuters.

Prophet film protesters clash with Greek police

Prophet film protesters clash with Greek police

September 23, 2012

 

 

ATHENS, Greece (AP) — Greek riot police used tear gas and pepper spray to disperse Muslim protesters who clashed with officers Sunday during a rally against a film produced in the U.S. that denigrates Islam's Prophet Muhammad. No injuries were reported.

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