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  • October 20, 2014
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  1. Business - Economy - GREECE

    Euro zone grants multi-billion euro lifeline for Greece

    Posted Jul 08th 2013, 08:44pm by Reuters

    ... Athens to get staggered payments over course of the year Greece secured a 6.8 billion euro (US$8.7 billion) lifeline from the euro zone on Monday, officials told reporters, but was told ... drip fed support under close watch from its international creditors to drive through unpopular reforms. Under the terms of the deal, euro zone finance ministers agreed to make staggered ...

  2. News - World - GREECE

    Greece to open debt-relief talks with euro zone creditors

    Posted May 05th 2014, 09:01pm by GDN

    ... with his euro zone counterparts in Brussels, four years after Athens received its first slice of international aid. Stournaras confirmed speculation that Greece would propose measures to alleviate ...

  3. News - World - GREECE

    Greek PM Antonis Samaras tells euro partners to pay up on promised loans

    Posted Nov 22nd 2012, 12:00am by Associated Press in Athens

    ... Associated Press in Athens 'No excuse' for ministers failing to release promised rescue loans after a 12-hour debate PM tells euro partners to pay up Greece reacted with dismay ... debt-ridden country's future. After 12 hours of debate into the early hours yesterday, finance ministers from the 17 EU countries that use the euro, together with the International Monetary Fund ...

  4. News - World - GREECE

    Financial crisis drives up Greek suicide rate

    Posted Sep 12th 2013, 12:00am by AP

    ... Associated Press in Athens Financial crisis drives up Greek suicide rate Suicides increased by 45 per cent during the first four years of Greece's financial crisis, a mental health aid group said. It warned there are indications of a further "ve ...

  5. News - World - GREECE

    Greece adopts bill to cut 15,000 civil servant jobs

    Posted Apr 29th 2013, 08:00am by AFP

    ... Monetary Fund, European Union and European Central Bank – to unlock loans 8.8 billion euros (HK$88 billion). The EU and the IMF have committed a total of 240 billion euros in rescue loans since ...

  6. News - World - GREECE

    Greek police clash with protesters during Merkel visit

    Posted Oct 09th 2012, 03:15pm by Reuters in Athens

    ... on Greece in exchange for two EU-IMF bailout packages worth over 200 billion euros. Some pelted police with rocks, bottles and sticks, and tried to bust through a barricade set up to protect Merkel ... by recession and fighting to stay in the euro. She was given the red carpet treatment and full military honours when she arrived at Athens airport in the early afternoon. Samaras greeted her ...

  7. News - World - GREECE

    Greek protest turns violent during general strike

    Posted Sep 26th 2012, 08:50pm by Associated Press in Athens

    ... drums. As the strike got under way on Wednesday, Greece’s prime minister and finance minister hammered out a 11.5 billion euro (US$14.87 billion) package of spending cuts demanded ... Without them, Greece would be forced into a chaotic default on its debts and possibly into an exit from the 17-country bloc that uses the euro. The country’s lenders have demanded more fiscal ...

  8. News - World - GREECE

    Murder, suicide, disease surges under Greek austerity

    Posted Apr 20th 2013, 12:00am by AFP

    ... When Greece's economy took a plunge, murders and disease rates soared, according to a study that suggests the impact of the European nation's austerity cuts may be worse than expected. Suicide and murder rates climbed from 2007 to 2009, particul ...

  9. News - World - GREECE

    Greeks on strike as politicians finalise cuts

    Posted Sep 26th 2012, 12:30pm by Associated Press in Athens

    ... as the prime minister and finance minister hammered out a package of 11.5 billion euros (US$14.87 billion) in spending cuts. Everyone from shopkeepers and pharmacists to teachers, customs workers ... dependent on international rescue loans from other euro zone countries and the International Monetary Fund since mid-2010. Without the loans, Greece would be forced into a chaotic default on its ...

  10. News - World - GREECE

    Car bomb explodes outside Greek central bank building

    Posted Apr 10th 2014, 07:15pm by Reuters

    ... to succeed.” Makeshift bomb and arson attacks have escalated since Greece adopted unpopular austerity measures in exchange for multi-billion euro bailouts by the European Union and International ...




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