Greece is criticizing Macedonia for erecting a huge statue of the ancient warrior king Alexander the Great in the center of Skopje. The French news Agency quotes Greek Foreign Minister Stavros Lambrinidis as calling the statue a “provocation.” Hundreds of Macedonians cheered as a crane lowered the statue of Alexander astride a horse. The statue […]
Greece Criticizes New Macedonian Statue of Alexander the Great
New Greek Government Wins Crucial Vote of Confidence in Parliament
Greek Prime Minister George Papandreou won a crucial parliamentary vote of confidence for his new government Tuesday, making passage of controversial economic reforms more likely. One hundred-55 lawmakers voted to back the new government while 143 voted against it. Two abstained. As expected, the vote was strictly along party lines. It came after a day […]
New Greek Government Wins Crucial Vote of Confidence in Parliament
Greek Prime Minister George Papandreou won a crucial parliamentary vote of confidence for his new government Tuesday, making passage of controversial economic reforms more likely. Mr. Papandreou is appealing to lawmakers to pass his package of spending cuts, tax hikes, and sale of state assets. Passage would assure the next $17 billion installment of last […]
Eurozone Ministers to Greece: No Bailout Payment without Spending Cuts
The government of Greek Prime Minister George Papandreou faces a vote of confidence Tuesday in the midst of strikes and protests against further austerity measures. Mr. Papandreou is appealing to parliament to pass his package of spending cuts, tax hikes, and sale of state assets to stave off bankruptcy and default on the country’s debt. […]
Eurozone Ministers to Greece: No Bailout Payment without Spending Cuts
The government of Greek Prime Minister George Papandreou faces a vote of confidence Tuesday. Mr. Papandreou is appealing to parliament to quickly pass his package of spending cuts and tax hikes to stave off bankruptcy and default on the country’s debt. Eurozone finance ministers say Greece must institute further severe economic reforms before it can […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
( Title: GREECE ECONOMY 2nd UPD HEAD: Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts DATE: 06/20/11 NUMBER: 1054029 TYPE: CN )) Eurozone finance ministers say Greece must pass strong austerity measures before it receives the next $17 billion emergency loan payment from the European Union and the IMF to help stabilize its […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
( Title: GREECE ECONOMY 1ST UPD HEAD: Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts DATE: 06/20/11 NUMBER: 1053482 TYPE: CN )) Eurozone finance ministers say Greece must pass strong austerity measures before it receives the next $17 billion emergency loan payment from the European Union and the IMF to help stabilize its […]
Eurozone Ministers to Greece: No Bailout Payment Without Spending Cuts
Eurozone finance ministers say Greece must pass severe economic reforms before it receives the next $17 billion loan payment from the European Union and the IMF. The finance ministers failed to sign off on the next installment of the $160 billion bailout package after hours of talks ended early Monday in Luxembourg. However, the ministers […]
No Agreement on Greece by Eurozone Ministers
Eurozone finance ministers are again telling Greece that the next vital loan installment is only payable when the Greek parliament passes economic reforms. The ministers ended their meeting early Monday in Luxembourg with no final agreement on the next $17 billion payment of the $160 bailout from the European Union and International Monetary Fund. The […]
No Agreement on Greece by Eurozone Ministers
( Title: GREECE ECONOMY 3RD UPD HEAD: No Agreement on Greece by Eurozone Ministers DATE: 06/19/11 NUMBER: 1052243 TYPE: CN )) Eurozone finance ministers are again telling Greece that the next vital loan installment is only payable when the Greek parliament pauses economic reforms. The ministers ended their meeting early Monday in Luxembourg with no […]