Greece

The Greek Cabinet of Ministers will meet for an emergency session on Thursday amid an ongoing government crisis.

© AFP 2013/ John Kolesidis

Greek government on edge of collapse over referendum

14:31 03/11/2011 ATHENS, November 3 (RIA Novosti)

The Greek Cabinet will meet in emergency session at noon on Thursday, ahead of a vote of confidence on Friday following a government split after the leading majority Pasok party MPs withdrew support for the eurozone bailout referendum.

Greece's EU membership cannot depend on referendum - finance minister
11:17 03/11/2011
Greece will stay in the eurozone whatever the outcome of its referendum on the debt rescue package, Greek Finance Minister Evangelos Venizelos said on Thursday.
No rescue loans for Greece until it holds referendum - Sarkozy
06:57 03/11/2011
French President Nicolas Sarkozy said that the next installment of rescue loans for Greece, which had already been approved and due to be delivered this month, will not be paid until the country holds a referendum.
G20 summit to focus on Greece to prevent chain reaction
18:24 02/11/2011
The upcoming G20 summit is likely to focus on Greece's plans to hold a referendum on the EU bailout, which has the potential to speed up a Greek default and trigger a domino effect, experts said on Wednesday.
China hopes EU will implement anticrisis plan despite Greek referendum
14:09 02/11/2011
China hopes that the European Union will fulfill its economic rescue plan, despite a planned Greek referendum which is likely to end in the country's rejection of European aide and austerity measures, Chinese Foreign Ministry spokesman Hong Lei said on Wednesday.
Russian stocks, ruble slide on euro debt worries
18:01 01/11/2011
The Russian ruble slumped 61 kopecks against the dollar to 30.77 in afternoon MICEX trade on Tuesday and Russian stocks were sliding on news that a Greek referendum on a new debt relief program could pose a threat to eurozone financial stability.
Greek referendum threat to Eurozone financial stability - Fitch
17:30 01/11/2011
The referendum Greek Prime Minister George Papandreou plans to hold on the new debt relief program proposed by the EU and International Monetary Fund threatens the financial stability of Greece and the eurozone, Fitch rating agency said in a statement on Tuesday.
Greece to hold referendum on debt deal - Papandreou
23:39 31/10/2011
Greek Prime Minister George Papandreou pledged on Monday to hold a referendum on whether Greece will accept the new aid package proposed by the EU in return for continued austerity measures in Greece.
Greece propped up but not stable
13:31 28/10/2011
EU leaders have come up with a new plan to rescue Greece from its debt crisis and, by extension, the rest of the euro zone.1
Merkel says emergency EU summit in Brussels 'fruitful'
15:52 27/10/2011
German Chancellor Angela Merkel said on Thursday last night's emergency summit of European Union leaders in Brussels had important results.
European leaders agree 1 trillion euro fund for new bailout plan
12:29 27/10/2011
European leaders agreed to increase the eurozone's main bailout fund to one trillion euros on Wednesday as part of a package of measures to stave off Europe's spiralling debt crisis.2
German parliament approves support package
18:21 26/10/2011
The German parliament on Wednesday has approved again the widening of the European Financial Stability Facility (EFSF) to solve the economic problems of EU members.
Markets hold breath ahead of EU crisis summit - analysts
15:21 26/10/2011
Financial markets showed little reaction on Wednesday in expectation of few concrete decisions from the European Union's upcoming debt crisis summit in Brussels later today, analysts said.
EU hopes investors volunteer to increase Greek debt write-off
17:46 24/10/2011
The European Commission hopes that private investors will volunteer to write off more Greek debt, Commission spokesman Amadeu Altafaj-Tardio said on Monday.
EU to agree bank recapitalization scheme Oct. 26
19:42 23/10/2011
EU finance ministers will on Wednesday announce a coordinated scheme to recapitalize Europe's banks, EU President Herman Van Rompuy said.
One killed in Athens clashes
21:31 20/10/2011
One person was killed during clashes that took place in Athens on Thursday, a police source said.
Zhirinovsky party invites Greece to join CIS
20:35 20/10/2011
Vladimir Zhirinovsky's Russian Liberal-Democratic Party (LDPR) has advised crisis-stricken Greece to join the Commonwealth of Independent States (CIS).
Some 200 anarchists attack police in Athens
17:07 20/10/2011
At least 200 anarchists attacked police with stones and Molotov cocktails in central Athens but failed to disrupt peaceful protests against austerity measures, police said on Thursday.
Greek finance minister slates EU over response to debt crisis
15:01 20/10/2011
Europe is unable to find a timely solution for its debt problem, Greece's Finance Minister Evangelos Venizelos said on Thursday.
Athens ablaze as rioters protest against austerity bill
11:59 20/10/2011
Firefighters were called in late on Wednesday to extinguish piles of rubbish set ablaze by protesters in Athens after riots broke out during a demonstration by about 100-thousand people on the first of a two-day general strike.

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