Harry Papachristou
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Highlights: Leaders' comments from European Union summit
Mar 02, 2012 07:22 EST
BRUSSELS (Reuters) - European Union leaders met for a second day of talks in Brussels on Friday, where 25 of the bloc's 27 countries signed a "fiscal compact" enshrining common debt rules among the 17 members of the euro zone.
Fitch downgrades Greece on debt swap plan
Feb 22, 2012 09:04 EST
ATHENS (Reuters) - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.
Greek pro-bailout parties at all-time low, poll shows
Feb 20, 2012 18:24 EST
ATHENS (Reuters) - Support for the two parties backing Greece's technocrat Prime Minister Lucas Papademos fell to an all-time low, a poll showed on Monday, a sign of rising popular frustration at austerity measures imposed to stave off a chaotic default.
Greece, lenders agree on 325 million euro savings: sources
Feb 16, 2012 10:39 EST
ATHENS (Reuters) - Greece and its international lenders have agreed on how to achieve budget cuts worth 325 million euros this year, one of their last demands in return for sealing a 130-billion euro rescue, Greek government sources said on Thursday.
Athens mayhem raises fears of Greek social explosion
Feb 13, 2012 14:34 EST
ATHENS (Reuters) - Greek political leaders say the nation must accept yet more punishing austerity or face a social explosion, but after a night of violence and destruction in Athens, some people fear this explosion may already be about to begin.
Frustration mounts as Greeks seek elusive bailout deal
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greek party leaders finally gathered on Wednesday to agree a reform deal in return for a new EU/IMF rescue to avoid a chaotic default, after repeated delays which have prompted warnings that the euro can live without Athens.
Greek deal prospects rise, euro ministers to meet
Feb 08, 2012 06:55 EST
ATHENS/BRUSSELS (Reuters) - Prospects of a deal on a second international bailout for Greece rose on Wednesday when euro zone finance ministers were summoned to talks in Brussels while Greek political leaders met to approve a tough reform and austerity program.
Greek party leaders fail to sign off on bailout
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greek political leaders failed early on Thursday to sign off on a tough reform and austerity program, the price of a new international bailout for the nation, but Prime Minister Lucas Papademos said they would try to strike a deal within hours.
Greek party leaders fail to sign off on bailout
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greek political leaders failed early on Thursday to sign off on a tough reform and austerity program, the price of a new international bailout for the nation, but Prime Minister Lucas Papademos said they would try to strike a deal within hours.
Greece battles to salvage bailout package
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greece's leaders battled to salvage a 130-billion-euro ($170 billion) EU/IMF bailout on Wednesday, rejecting criticism of their commitment to a punishing austerity package despite staunch opposition to it among voters.
Greece says has cleared hurdles to bailout
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greek party leaders have met the final two demands set by the country's international lenders to seal a bailout, paving the way for a deal and an agreement to ease its debt burden to be announced on Monday, Finance Minister Evangelos Venizelos said.
Greek cabinet tackles austerity, rescue hopes rise
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greece's cabinet tackled on Saturday how to implement austerity demanded by the EU and IMF as a 130-billion-euro ($171-billion) rescue seemed within reach, while the euro zone considered modifying a deal with private creditors to help Athens reduce its huge debts.
Europe seals new Greek bailout to avert default
Feb 08, 2012 06:55 EST
BRUSSELS (Reuters) - Euro zone finance ministers sealed a 130-billion-euro ($172 billion) bailout for Greece on Tuesday to avert a chaotic default in March after persuading private bondholders to take greater losses and Athens to commit to deep cuts.
Europe seals new Greek bailout, doubts remain
Feb 08, 2012 06:55 EST
BRUSSELS (Reuters) - Euro zone finance ministers agreed a 130-billion-euro ($172 billion) rescue for Greece on Tuesday to avert an imminent chaotic default after forcing Athens to commit to unpopular cuts and private bondholders to take bigger losses.
Europe seals new Greek bailout but doubts remain
Feb 08, 2012 06:55 EST
BRUSSELS (Reuters) - Euro zone finance ministers agreed a 130-billion-euro ($172 billion) rescue for Greece on Tuesday to avert an imminent chaotic default after forcing Athens to commit to unpopular cuts and private bondholders to take bigger losses.
Unions to protest cuts, Greece debates more measures
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greek unions, the unemployed and communists will protest on Wednesday against spending cuts introduced to secure a multi-billion-euro bailout, and lawmakers will debate a debt swap to avoid imminent bankruptcy.
Greece readies debt swap under bailout deal
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greece's parliament will endorse a debt swap with private bondholders on Thursday to help reduce the country's debt and secure an international bailout, despite new protests against the tough terms of the deal.
Greece launches long-awaited debt swap offer
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greece formally launched a bond swap offer to private holders of its bonds on Friday, setting in motion the largest-ever sovereign debt restructuring in the hope of getting its messy finances back on track.
Greece launches long-awaited debt offer
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greece formally launched a bond swap offer to private holders of its bonds on Friday, setting in motion the largest-ever sovereign debt restructuring in the hope of getting its messy finances back on track.
Greece launches long-awaited debt offer
Feb 08, 2012 06:55 EST
ATHENS (Reuters) - Greece formally launched a bond swap offer to private holders of its bonds on Friday, setting in motion the largest-ever sovereign debt restructuring in the hope of getting its messy finances back on track.
