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Yves Herman/Reuters From left, IMF Managing Director Christine Lagarde, Prime Minister Jean-Claude Juncker of Luxembourg and Olli Rehn, the European Monetary Affairs Commissioner, at a joint news conference on Tuesday. BRUSSELS — Greece finally secured i
BRUSSELS — After months of tense negotiations, euro zone finance ministers worked through the night Monday on a deal for a second giant bailout to bring Greece back from the brink of default, subject to strict conditions and in exchange for yet more seve
WOLFGANG Schäuble is, in many ways, the strongest – perhaps even the last – Europhile in the German government. But open the pages of Greek newspapers and there he is, the German finance minister depicted in Nazi uniform. It is not just the inflammatory
BRUSSELS — After months of fraught negotiation, euro zone finance ministers were poised to bring Greece back from the brink of default Monday by agreeing to a second giant bailout in exchange for severe austerity measures — and subject to strict conditio
GREECE’S participation in Nato has not managed to respond to the significant threat represented by Turkey, Foreign Minister Stavros Dimas told a special event held to mark the 60th anniversary of the country’s membership of the military bloc on February
ARE THEY bluffing or are they serious in setting the stage for a disorderly default and unceremonial ouster of Greece from the eurozone? The debate about the economic risks or gains in the eurozone from the Greek debt crisis has shifted this week to the
Grappling with a litany of fresh conditions from creditors: Evangelos Venizelos (L) and Lucas Papademos With the Greek political system still reeling from the passage of the harsh EU-IMF bailout package, which decimated the parliamentary strength of Paso
It would make no sense to split the second bailout programme for Greece, German Finance Minister Wolfgang Schaeuble was quoted as saying by the weekly Tagesspiegel am Sonntag. "If Greece gets all the necessary approvals and implements reforms and clears
President Karolos Papoulias has lashed out at their German paymasters, especially the comments by German Finance Minister Wolfgang Schaeuble, which stirred yet more anger in Greece. He said about the Greek mess: "We can help, but we are not going to pour
So what if German President Christian Wulff last week quit under the cloud of corruption, piling even more pressure on Chancellor Angela Merkel? So what if Nicolas Sarkozy could easily lose the French presidential election to a candidate committed to "re
Open Europe has published a briefing note outlining the ten questions and issues that still need to be resolved in the coming weeks in order for Greece to avoid a full and disorderly default on March 20. The briefing argues that, realistically, only a fe
Greek President Karolos Papoulias angrily demanded this week, "Who is Mr. Schauble to insult Greece?" Wolfgang Schauble had implied that leaders like Papoulias are one reason Greece is in financial crisis and that the country might be better served by po
On Wednesday, growing mutual resentment got personal when Greece's president gave Germany's finance minister a public tongue-lashing. In Friday's newspapers, editorialists lament a longtime Greek-German friendship that has been badly frayed by the euro c
PARIS (AP) — European nations should do everything possible to help Greece avoid a default despite concerns about whether Athens is a reliable borrower, France's prime minister said Friday. Tensions between Athens and other European capitals hit new high
Infighting in the Eurozone risks 'utterly destroying' Greece, a Foreign Office minister warned last night. Lord Howell, father-in-law to the Chancellor George Osborne, told peers that Britain was pressing for a 'realistic and sustainable' solution to Gre
Europe may be losing patience with Greece, but politicians in Athens are also growing increasingly sensitive to criticism from abroad. Greek President Karolos Papoulias has now gone public with his frustration over pressure from Germany. On Wednesday nig
(Adds markets in 10th paragraph. )For more debt-crisis news, see EXT4.) Feb. 16 (Bloomberg) -- Europe’s creditor countries struggled to bridge divisions over a rescue of Greece, seeking more control over how future aid is spent as the clock ticked toward
Infighting in the Eurozone risks 'utterly destroying' Greece, a Foreign Office minister warned last night. Euro slides to three-week low against the dollarDebt crisis having 'chilling effect' on British economyMoody's threatens to downgrade 120 banks Lor
In recent days, politicians f
Dr. Karolos Papoulias (Greek: Κάρολος Παπούλιας, IPA: [ˈkaɾo̞ˌlo̞s paˈpuʎas]) (born June 4, 1929) is the current President of the Hellenic Republic (Greece). He is a former government minister and member of parliament. Full Article
Greek Finance Minister Evangelos Venizelos (L) meets with Greek president Carolos Papoulias in Athens on February 15, 2012. Greece will meet European Union demands for budget action and reform pledges from its political leaders ahead of a eurozone conference call, the Greek finance...
View Photo »George Karatzaferis, leader of the rightist LAOS party, left, holds a gift for the Greek President Karolos Papoulias, right, during their meeting at the Presidential palace in Athens, Friday, Feb. 10, 2012. The leader of a junior partner in Greece's coalition government says his will...
View Photo »Greek Finance Minister Evangelos Venizelos, right, speaks to the press after a meeting with the Greek President Karolos Papoulias in Athens Wednesday, Feb. 15, 2012. Greece's finance minister said that all pending issues in its international creditors' requirements for the country's...
View Photo »Greek Finance Minister Evangelos Venizelos, left, shakes hands with Greek President Karolos Papoulias, during their meeting at the Presidential palace in Athens, on Wednesday, Feb. 15, 2012. Greece's finance minister said that all pending issues in its international creditors'...
View Photo »Queen Margrethe II of Denmark gives a press conference on the Danish Royal yacht Dannebrog 25 May 2006, in Athens. The Queen Margrethe II and Prince Consort Henrik of Denmark arrived here 24 May for a three-day visit to Greece at the invitation of Greek President Karolos Papoulias.
View Photo »Greek President Karolos Papoulias (R) welcomes US Vice President Joe Biden during their meeting in Athens, December 5, 2011. The United States will support Greece in these difficult times, Biden told reporters ahead of a meeting with Greek Prime Minister Lucas Papademos on Monday,...
View Photo »Greek President Karolos Papoulias (R) speaks with US Vice President Joe Biden during their meeting in Athens, December 5, 2011. U.S. Vice President Joe Biden joked during a visit to debt-choked Athens on Monday about bringing money to help Greece out of its deepest financial crisis in...
View Photo »Greek President Carolos Papoulias (L) welcomes US Vice President Joe Biden before their meeting in Athens on December 5, 2011. Biden arrived in Athens on December 4 for a visit set to focus on the debt crisis gripping Greece and the broader eurozone.
View Photo »Greek President Karolos Papoulias (center R) shakes hands with US Vice President Joe Biden (center L) during their meeting in Athens, December 5, 2011. U.S. Vice President Joe Biden joked during a visit to debt-choked Athens on Monday about bringing money to help Greece out of its...
View Photo »Greece's President Carolos Papoulias (R) talks with Lucas Papademos after he has sworn in as Greece's new Prime minister during a ceremony at the Presidental Palace in Athens on November 11, 2011. Named to lead an emergency government, Papademos is regarded by many as the safe pair of...
View Photo »Greek LAOS right wing partymleader, Giorgos Karantzaferis (L), Greek Prime Minister Giorgos Papandreou , Greek President Carolos Papoulias (C) and Greek main opposition party leader, Antonis Samaras (R) meet at the presidental palace in Athens on November 10, 2011. Greece's bickering...
View Photo »Greek President Karolos Papoulias arrives for a meeting with the Greek political parties at the presidential palace in Athens, Thursday, Nov. 10, 2011. The hope is that the fourth day of talks will finally yield a new prime minister to head an interim government that will secure the...
View Photo »Greek President Karolos Papoulias, center, leads a meeting with outgoing Prime Minister George Papandreou, second from left, the head of the opposition conservatives Antonis Samaras, right, and the leader of a small right-wing party Giorgos Karatzaferis, left, at the presidential...
View Photo »Greek Prime Minister George Papandreou meets Greek President Karolos Papoulias (R) at the presidential palace in Athens November 9, 2011. Greek political leaders have agreed on a new government, outgoing Prime Minister George Papandreou said on Wednesday, stepping down to make way for a...
View Photo »Greek President Karolos Papoulias smiles as he leaves the presidential palace in Athens, Wednesday, Nov. 9, 2011. Rival political parties in Greece again pledged Wednesday to conclude power-sharing talks, which have dragged into a third day despite rising pressure from the country's...
View Photo »Greek Prime Minister George Papandreou arrives at the presidental palace in Athens on November 6, 2011 for meeting with Greek President Carolos Papoulias and opposition leader Antonis Samaras. Papandreou agreed to step down, removing a key stumbling block which had held up an accord...
View Photo »Greek and foreign media wait outside the presidental palace in Athens on November 6, 2011 while Greek Prime Minister George Papandreou meets with Greek President Carolos Papoulias and opposition leader Antonis Samaras. Papandreou agreed to step down, removing a key stumbling block which...
View Photo »Greece's Prime Minister George Papandreou, left, Greek President Karolos Papoulias, center and opposition leader Antonis Samaras sit at the Presidential Palace in Athens on Sunday, Nov. 6 2011. Greece's embattled prime minister and the head of the main opposition party reached an...
View Photo »Greek President Karolos Papoulias arrives at the Presidential Palace for a meeting with Greece's Prime Minister George Papandreou and opposition leader Antonis Samaras in Athens on Sunday, Nov. 6 2011. Greece's embattled prime minister and the head of the main opposition party reached...
View Photo »Greek Prime Minister George Papandreou leaves the presidental palace in Athens late on November 6, 2011 following his meeting with the Greek President Carolos Papoulias and opposition leader Antonis Samaras. Papandreou agreed to step down, removing a key stumbling block which had held...
View Photo »Greek President Karolos Papoulias (C) holds a meeting with Prime minister George Papandreou (L) and leader of conservative New Democracy party Antonis Samaras inside the presidential palace in Athens November 6, 2011. Papandreou said he would not head a new coalition government, which...
View Photo »Greek Prime Minister George Papandreou (L), Greek President Carolos Papoulias (C) and the leader of the main opposition party Antonis Samaras (R) meet at the presidental palace in Athens, on November 6, 2011. Last-ditch talks began in Greece between the prime minister, the chief of the...
View Photo »Greek President Karolos Papoulias shakes hands with leader of conservative New Democracy party Antonis Samaras (L) inside the presidential palace in Athens November 6, 2011. Greek leaders were beginning a second day of talks and behind-the-scenes wrangling on Sunday to break a political...
View Photo »Greek Prime Minister George Papandreou listens to the Greek President Carolos Papoulias during his meeting at the Presidental Palace in Athens on November 5, 2011. After an hour-long meeting with President Carolos Papoulias, Papandreou emerged to tell a scrum of reporters that...
View Photo »Greek Prime Minister George Papandreou (C) is flanked by his aides and security while leaving the Presidental Palace in Athens after his talks with Greek President Carolos Papoulias on November 5, 2011. After an hour-long meeting with President Carolos Papoulias, Papandreou emerged to...
View Photo »Greek Finance Minister Evangelos Venizelos (L) meets with Greek president Carolos Papoulias in Athens on February 15, 2012. Greece will meet European Union demands for budget action and reform pledges from its political leaders ahead of a eurozone conference call, the Greek finance...
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