Showing Archived Posts

Greek Journalist to be Tried Again over Swiss Bank Lists

Posted November 16th, 2012 at 6:45 am (UTC-5)
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Greek officials say a recently acquitted journalist will be tried again for publishing the names of thousands of Greeks with Swiss bank accounts. Authorities say a prosecutor has appealed a court’s November 1 acquittal of Costas Vaxevanis. The prosecutor believes the court’s decision was faulty. Vaxevanis faces at least two years in prison for publishing […]

Tags: , , Posted in Europe

Greek PM Samaras Predicts Economic Growth by 2014

Posted July 24th, 2012 at 12:55 pm (UTC-5)
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Greek Prime Minister Antonis Samaras is pledging that the economy in his recession-plagued country can start to grow again by early 2014. Auditors for Greece’s international creditors are in Athens to check on the government’s progress in imposing unpopular austerity measures to cut its deficit and the country is mired in the fifth year of […]

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IMF: Greece Missed Bailout Targets

Posted July 12th, 2012 at 12:40 pm (UTC-5)
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The International Monetary Fund says Greece has missed several financial targets it pledged to adopt as it secured its second bailout earlier this year. The IMF did say Greece kept some promises linked to the $159 billion rescue package from the IMF and its European neighbors. Greece’s new coalition government is seeking to renegotiate the […]

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Greek Party Leaders Hopeful as Coalition Talks Continue

Posted June 19th, 2012 at 5:40 am (UTC-5)
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Greek party leaders are holding a second day of talks aimed at forming a coalition government. The country’s president has given the head of the conservative New Democracy party, Antonis Samaras, until Wednesday to form an alliance, after his party won the most seats in Sunday’s parliament elections. Samaras met Monday with PASOK leader Evangelos […]

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Greek Conservatives Expect New Government by Tuesday

Posted June 18th, 2012 at 7:45 pm (UTC-5)
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Greek conservative leaders say they expect to form a new coalition government with the Socialists Tuesday. Socialist leader Evangelos Venizelos, whose PASOK party finished third in Sunday’s parliamentary elections, says talks with the conservatives must be wrapped up by the end of the day. Greece’s president gave conservative chief Antonis Samaras three days to form […]

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Greek Conservative Leader Gets Three Days to Form Government

Posted June 18th, 2012 at 3:30 pm (UTC-5)
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Greek conservative leader Antonis Samaras has three days to form a coalition government, after his pro-bailout party won the most seats in Sunday’s parliamentary elections. The New Democracy party won 129 of the 300 seats in parliament, including the 50-seat bonus given to the party with the most votes. The radical leftist and anti-bailout Syriza […]

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Conservative Leader Gets Three Days to Form Greek Coalition Government

Posted June 18th, 2012 at 2:15 pm (UTC-5)
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Greek conservative leader Antonis Samaras will have three days to form a coalition government, after his pro-bailout party won the most seats in Sunday’s parliamentary elections. The conservative New Democracy party won 30 percent of the vote to take 129 of the 300 seats in parliament, including the 50-seat bonus given to the party with […]

Tags: , , , , Posted in Europe

Conservative Leader Gets Three Days to Form Greek Coalition Government

Posted June 18th, 2012 at 1:50 pm (UTC-5)
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Greek conservative leader Antonis Samaras will have three days to form a coalition government, after his pro-bailout party won the most seats in Sunday’s parliamentary elections. The conservative New Democracy party won 30 percent of the vote to take 129 of the 300 seats in parliament, including the 50-seat bonus given to the party with […]

Tags: , , , Posted in Europe

Greek Election a Referendum on Its Eurozone Membership

Posted June 13th, 2012 at 11:45 am (UTC-5)
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Greece’s parliamentary elections on Sunday have effectively become a referendum — will Athens keep its eurozone membership or become the first to quit the 17-nation currency bloc? It is a simple question, but one with potentially far-reaching implications for Greece, the rest of Europe and the world economy. The Greek government has piled up debt […]

Tags: , , , , , Posted in Economy

Greek Election a Referendum on Its Eurozone Membership

Posted June 13th, 2012 at 7:45 am (UTC-5)
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Greece’s parliamentary elections on Sunday have effectively become a referendum — will Athens keep its eurozone membership or become the first to quit the 17-nation currency bloc? It is a simple question, but one with potentially far-reaching implications for Greece, the rest of Europe and the world economy. The Greek government has piled up a […]

Tags: , , Posted in Economy, Europe

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