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| PM says that the country will manage to avoid an unruly default feared by financial markets worldwide and predicts debt swap deal in days while Geithner calls for higher eurozone firewall. |
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28 Jan 2012 |
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Greece expects to clinch a long-awaited bond swap deal within days, Prime Minister Lucas Papademos told Reuters on Friday, promising the country would avoid an unruly default feared by financial markets worldwide.
But in a sign that Greece's troubles will be far from over even with a deal, a report showed that the European Union and IMF want Greece to push through more budget cuts and austerity reforms before they sign off on a new bailout package. |
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| Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, according to Reuters' sources. |
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28 Jan 2012 |
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Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday.
"There are internal discussions within the Euro group and proposals, one of which comes from Germany, on how to constructively treat country aid programs that are continuously off track, whether this can simply be ignored or whether we say that's enough," (...) |
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| Snow, low temperatures and gale-force north winds are the characteristics of an adverse change in weather conditions, which will continue throughout the week. |
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28 Jan 2012 |
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The wave of bad weather that has hit the entire country since Saturday is expected to last throughout the week. Bitter cold, cloud, rain and snowfall on high ground are expected throughout the weekend.
Rain and snowfall are expected in Macedonia, Thessaly, Eastern Sterea and Peloponnese, as well as in the Sporades, Euboea, the Cyclades and Crete. The showers will be stronger in the mountain regions of northern Greece and Epirus. |
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| Russian Prime Minister Vladimir Putin has said to New Democracy leader Antonis Samaras, on a visit to Russia, that his own party, United Russia, was a "brother" party of New Democracy |
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27 Jan 2012 |
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Russian Prime Minister Vladimir Putin and leader of the ruling United Russia party received New Democracy party leader Antonis Samaras in Moscow on Thursday, with talks between the two men focusing on improving Greek-Russian relations and boosting bilateral cooperation.
"My meeting with the Russian prime minister, Vladimir Putin, took place in a very good climate and was exhaustive on all issues", Samaras told reporters afterwards. |
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| A small ceremony marking six decades of the Athens News is held in the newsroom |
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27 Jan 2012 |
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The 60th anniversary of the Athens News was celebrated at a small ceremony in the paper’s newsroom on Friday.
The birthday cake was cut by Stephanie Horn (photo), widow of founder Yannis Horn, who said that the newspaper survived so long in no small part to her husband’s determination and stubbornness. |
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