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Friday, July 27, 2012

Contrasting views of Greece's austerity programs

The Greek Prime Minister met with European and IMF auditors on Friday to discuss Greece's austerity drive. Although the delegation has clearly been stern with Greece, the country's unionists promptly hit back.

READ THE ORIGINAL POST AT www.dw.de

U.S. supports government in carrying out reforms

In a press briefing after meeting government officials in Athens on Friday, U.S. Assistant Secretary of State for European and Eurasian Affairs Dr. Philip H. Gordon said his visit aimed to convey the U.S. government's support and solidarity with the Greek people and Greek government in their efforts to fix the economy and carry out reforms.

READ THE ORIGINAL POST AT www.athensnews.gr

Greek Bank Union Calls Strike for July 30, Wants Job Guarantees


Greek Bank Union Calls Strike for July 30, Wants Job Guarantees
Bloomberg
Greek bank workers will hold a 24- hour warning strike on July 30 to protest decisions being made by international creditors and the government that may result in job losses. The government “must realize it doesn't have the ethical or political right ...


READ THE ORIGINAL POST AT www.bloomberg.com

Greek Prime Minister Meets Austerity...


The Guardian

Greek Prime Minister Meets Austerity...
ABC News
International austerity inspectors pressed Greece's prime minister Friday to implement new harsh cost-cutting reforms as the country faces the alternative of losing the rescue loans that are keeping the country afloat. Antonis Samaras, whose ...
Greek prime minister meets austerity inspectorsBoston.com
Greek Budget Talks Stumble as EU Urges Samaras to DeliverBusinessweek

all 1,893 news articles »

READ THE ORIGINAL POST AT abcnews.go.com

Prime minister meets with troika

Prime Minister Antonis Samaras met on Friday with troika officials, who briefed the premier on their talks so far with various government ministers on the course of the Greek fiscal adjustment programme.

Sources said that specific measures being mulled by the government were not discussed during Samaras' 90-minute meeting with the IMF's permanent representative in Athens Bob Traa, EC director for the member states' economies Matthias Mors and IMF European (...)

READ THE ORIGINAL POST AT www.athensnews.gr

Greek prime minister outlines new planned cutbacks to international bailout creditors

ATHENS, Greece - Greece's prime minister is meeting international austerity inspectors to outline new harsh cost-cutting reforms, without which the country would likely lose the rescue loans that are keeping it afloat.

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Greek prime minister meets austerity inspectors




ATHENS, Greece (AP) — Greece's prime minister is meeting international austerity inspectors to outline new harsh cost-cutting reforms, without which the country would likely lose the rescue loans that are keeping it afloat.

To secure them, it imposed deeply resented spending cuts, slashing incomes and salaries while hiking taxes.


READ THE ORIGINAL POST AT www.sfgate.com

Greece yet to win political approval for austerity cuts


BBC News

Greece yet to win political approval for austerity cuts
Reuters
ATHENS (Reuters) - Greece failed to clinch political agreement on a plan to save nearly 12 billion euros over the next two years, in a setback to its efforts to convince visiting EU and IMF inspectors it deserves to be kept in the euro zone. After days ...
Greece faces huge hurdles in road to reformBusinessweek
Greece's financial problems mountBoston Globe

all 1,782 news articles »

READ THE ORIGINAL POST AT www.reuters.com

Greek PM in crunch bailout talks

Greek PM Antonis Samaras is set to meet international creditors to try to persuade them Athens deserves its final instalment of bailout money.

READ THE ORIGINAL POST AT www.bbc.co.uk