Greece

Abbot Efraim

© RIA Novosti. Alexey Druzhinin

Greek church protests pre-trial detention of Abbot Efraim

22:55 12/01/2012 ATHENS, January 12 (RIA Novosti)

The autocephalous Orthodox Church of Greece has called for the release of Abbot Efraim, the head of the Vatopedi Monastery in Mount Athos, who is currently under arrest on real estate fraud charges, the church’s Holy Synod said on Thursday.

Group takes over radio station in Athens, airs support for extremists
22:13 10/01/2012
Some 20 anarchists were detained by police on Tuesday after they illegally took control of a studio in a radio station in Athens and went on the air in support of several members of an extremist group currently under trial.
Europe needs diet therapy to survive
22:08 10/01/2012
The European Union, hobbled by its euro crisis and the debt of its southern members, requires some radical changes if it hopes to survive. The EU needs to undergo either a general or a local fiscal and constitutional surgery. Both options would be very painful, but this is all Brussels can do.
IMF considers Greek rescue plan insufficient to fix debt crisis - media
02:48 08/01/2012
The International Monetary Fund considers the current restructuring plan insufficient to fix the debt crisis in Greece, Germany's Der Spiegel magazine said, citing internal IMF documents.
Cyprus gets first 590 mln euro loan tranche from Russia
19:01 29/12/2011
Cyprus has received the first 590 million euro tranche of a 2.5 billion euro loan pledged by Russia, the Cypriot government’s press office said on Thursday.
Russian patriarch urges release of Greek abbot suspected of land fraud
16:24 29/12/2011
The head of Russia's Orthodox Church on Thursday urged the Greek President, Karolos Papoulias, to release from jail Abbot Efraim, the head of the Vatopedi Monastery in Mount Athos, suspected of fraud in a land swap deal, RIA Novosti reported.
Russian Press at a Glance, Friday, December 16, 2011
08:58 16/12/2011
A brief look at what is in the Russian papers today
Greece satisfied with EU summit results - premier
21:38 09/12/2011
Greece is satisfied with the recent EU summit, which resulted in stricter financial discipline for eurozone members, Greek Prime Minister Lucas Papademos said on Friday.
Greek parliament backs 2012 austerity budget
03:48 07/12/2011
Greek parliament approved on Wednesday an austerity budget for 2012 that aims to shrink the country’s debt and rescue the domestic economy from deep recession.
IMF approves another bailout tranche for Greece
03:56 06/12/2011
The International Monetary Fund said it had approved a 2.2-billion ($2.9 billion) euro installment of international financial aid to keep the Greek economy afloat.
S&P puts leading eurozone countries on watch for downgrade
02:51 06/12/2011
International ratings agency Standard & Poor's said it had put six leading eurozone economies with the highest AAA rating, including Germany and France, on the list for possible downgrade.2
Greece election date may be changed - opposition leader
04:39 04/12/2011
The date of the early parliamentary elections in Greece, tentatively scheduled for February 2012, may be changed, a leader of the conservative New Democracy party said.
Eurozone ministers approve 8-bln euro Greek loan
04:02 30/11/2011
Finance ministers from 17 eurozone countries (Eurogroup) agreed at a meeting late on Tuesday to provide Greece with an 8 billion euro ($10.7 billion) bailout loan installment to keep the Greek economy afloat.2
The euro may yet live to see Christmas
00:54 30/11/2011
The euro’s decline may be closer than the eurozone’s authorities think. Jacques Attali, former chairman of the European Bank for Reconstruction and Development (EBRD), said the euro might not survive beyond Christmas.2
Hungary asks European Union for financial aid
16:02 21/11/2011
Hungary, whose foreign debt exceeds 75 percent of gross domestic product, asked the European Commission on Monday for possible financial help, the Commission said.1
Greece's budget deficit in '12 to hit 5.4-6.7 pct of GDP
15:30 18/11/2011
Greece’s budget deficit is likely to amount to 5.4 percent of the country’s gross domestic product (GDP) in 2012 if the government’s debt swap program is successful, according to the 2012 budget draft.
Some 30,000 Greek protestors march on U.S. Embassy in Athens, clashes ensue
23:27 17/11/2011
Some 30,000 people took to the streets in Athens in commemoration of the 38th anniversary of the ultra-right junta of the "Black Colonels" on Thursday, police said.2
Greece hopes for broad private investor support in debt write-off
16:15 17/11/2011
Greek authorities hope for the broadest possible support from private bondholders in a bond swap deal to halve its public debt, the Greek Finance Ministry said on Thursday.1
New Greek government wins confidence vote
21:44 16/11/2011
The new Greek coalition government led by Lucas Papademos won a confidence vote in parliament on Wednesday.
Greece will approve EU loan package by year-end says PM
22:45 14/11/2011
Greece must by the end of the year approve the bailout package presented by the European Union in October, Greece's new Prime Minister Lucas Papadimos said on Monday, promising to provide written guarantees that Athens would stick by the terms of the deal.

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