Greek Prime Minister Rules Out Third Bailout
Greece’s new radical left government has no intention of seeking another bailout deal from international creditors and will spend coming months trying to ease the terms of its current commitments,…
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Greece Vows To Back Gay Partnership Law
Greece’s new left-wing government has promised to grant same-sex couples legal status, in response to a 2013 international court decision condemning the country for discrimination. Justice Minister Nikolaos Paraskevopoulos told…
European Central Bank Steps Up Financial Pressure On Greece To Reach Deal
By John O’Donnell and Jan Strupczewski FRANKFURT/BRUSSELS, Feb 4 (Reuters) – The European Central Bank abruptly canceled its acceptance of Greek bonds in return for funding on Wednesday, shifting the…
Greece Braces For Talks With Germany Amid Market Relief
Greece’s new anti-bailout government confirmed it will hold meetings with lead lender — and critic — Germany this week after markets and European governments reacted with relief to alternatives proposed…
New Greek Leader Softens Rhetoric On Debt Talks With Europe
Greece’s new prime minister is striking a more conciliatory tone over the country’s push to renegotiate its bailout loans. He says the Greek people expect him to carry out tough…
France Offers Support For Greece Amid Bailout Tensions
France’s Socialist government offered support Sunday for Greece’s efforts to renegotiate debt for its huge bailout plan, amid renewed fears about Europe’s economic stability. The backing was a victory for…
Could The New Syriza Government Be Good For Greece’s Economy?
Every week, The WorldPost asks an expert to shed light on a topic driving headlines around the world. Today, we speak with economist Edward Hadas about the significance of Syriza’s…
New Greek Government Refuses To Extend Bailout Program
By Lefteris Papadimas and Angeliki Koutantou ATHENS, Jan 30 (Reuters) – Greece’s new leftist government opened talks on its bailout with European partners on Friday by flatly refusing to extend…
New Greek Defense Minister Prompts Turkey To Scramble Jets
ATHENS, Jan 30 (Reuters) – Greece’s new nationalist defense minister prompted Greece’s perennial rival Turkey to scramble jets on Friday, just days after he took office, by flying over uninhabited…
Greece forms anti-austerity coalition government
Greece’s left-wing, anti-austerity Syriza party has formed a coalition with the right-wing Independent Greeks party after exit polls showed Syriza was close to a parliamentary majority. Syriza is officially projected…
Syriza won, so what’s next for Greece?
3) Restructure debt: Here’s where the battle really begins. Greece’s new guard wants austerity measures such as tax hikes and government spending cuts to be revised. But the country’s international…
Europe plays it tough with Greece
“We believe it is important, that the new government put measures in place that will continue Greece’s economic recovery. That also means that Greece must abide the rules it has…
Greeks vote in election that could lead to showdown over bailout
The left-wing party Syriza, which has vowed to renegotiate the terms of Greece’s multibillion-euro bailout if it wins, has been leading in opinion polls going into the vote. The party’s…