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
27 Jan 2012
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.
All eyes have been on Athens' tortuous debt exchange talks with its private creditors in recent weeks. EU economic and monetary affairs chief Olli Rehn injected some optimism on Friday, saying an agreement was "very close" and might be clinched as soon as this weekend
27 Jan 2012
Greece plans to submit a final offer on a bond swap to its private creditors by February 15, Finance Minister Evangelos Venizelos said on Friday.
"Everything must be over in the coming days because the public announcement on the PSI must be made before February 15," Venizelos said in a statement.
A finance ministry official had earlier said that the country aimed to submit an offer to its bond holders by February 13.
In the worst case scenario, if EU partners also pull the plug, Greece risks a chaotic descent into an extended bank freeze, possible shortages of basic goods, violence and the "hell" of a euro exit.
27 Jan 2012
Argentina's chaotic bankruptcy a decade ago triggered riots, looting and dozens of deaths. The prospect of that horror scenario playing out in Greece is focusing minds across Europe as the threat of default remains all too real.
At best, if private creditors walk away from a voluntary debt restructuring, a disorderly default would shut Greek banks for days to give the government time to prevent a bank run by reassuring depositors that the lenders will not (...)
A small ceremony marking six decades of the Athens News is held in the newsroom
27 Jan 2012
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.
1. OUR SIXTIETH ANNIVERSARY 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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