ATHENS (Reuters) – Greece emerged from a crippling six-year recession as early as the start of the year and has been growing ever since, data showed on Friday.
Seasonally adjusted figures showed the euro zone weakling posted three consecutive quarters of growth this year, even though it had only been expected to exit what the government has called Greece’s “Great Depression” in the third quarter.
ATHENS (Reuters) – Greece expects an interim period of up to a year of limited EU/IMF supervision when it quits its bailout program at the end of the year, without the current “micro-management” by lenders, the finance minister told Reuters on Wednesday.
The comments by Gikas Hardouvelis in his office overlooking Syntagma square were the first time Athens has spelled out its expectations for the post-bailout era starting next year, including the sensitive issue of foreign supervision.
ATHENS, Nov 5 (Reuters) – Greece expects an interim period
of up to a year of limited EU/IMF supervision when it quits its
bailout programme at the end of the year, without the current
“micro-management” by lenders, the finance minister told Reuters
The comments by Gikas Hardouvelis in his office overlooking
Syntagma square were the first time Athens has spelled out its
expectations for the post-bailout era starting next year,
including the sensitive issue of foreign supervision.
ATHENS, Nov 4 (Reuters) – Alexis Tsipras, leader of Greece’s
far-left Syriza party, recently traveled to Frankfurt and Rome
to meet European leaders. He is softening his confrontational
tone with Greece’s international lenders. He has a drafted an
agenda for the first 100 days of a future government.
The 40-year-old former student Communist is acting like a
prime minister in waiting.
ATHENS (Reuters) – Hollywood actor George Clooney’s new wife, human rights lawyer Amal Alamuddin Clooney, made an impassioned plea on Wednesday for the return of the Parthenon Marbles to Athens, in what Greeks hope may inject new energy into their national campaign.
The Lebanese-born Briton, part of a legal team advising the Greek government on its bid to secure the return of the sculptures from Britain, has sparked a media frenzy during her three-day visit to the Greek capital that included meetings with Prime Minister Antonis Samaras.
ATHENS (Reuters) – Greek Prime Minister Antonis Samaras seeks a confidence vote on Friday to rally support for his plan to abandon a widely-reviled EU/IMF aid package and end mounting speculation that his government is on its last legs.
After dodging various crises and lawmaker defections during his nearly two and half years in office, Samaras faces the prospect of snap polls if he fails to push through his candidate in a presidential election in early 2015.
ATHENS, Oct 6 (Reuters) – Greece’s government unveiled its
2015 budget on Monday, promising a second year of growth and tax
breaks aimed at easing austerity imposed after the country sank
into its deepest post-war economic crisis.
The budget largely confirmed targets for growth and a budget
surplus before interest payments set under Greece’s 240 billion
euro ($300 billion) EU/IMF bailout, and said Athens planned more
bond sales after a successful return to debt markets this year.
ATHENS (Reuters) – Greek Prime Minister Antonis Samaras announced cuts on Saturday to unpopular taxes introduced at the height of Greece’s debt crisis, in a bid to show that over four years of austerity are finally nearing an end.
Samaras, whose conservative party trails the anti-austerity, radical leftist Syriza party in opinion polls, said a heating oil consumption tax would be cut by 30 percent and a “solidarity tax” would also be reduced.
ATHENS, Sept 2 (Reuters) – Greece hopes to assuage concerns
it is slipping up on reforms during talks with European and IMF
inspectors in Paris this week, with debt relief talks unlikely
to start until October, a senior Greek government official told
European Union/International Monetary Fund lenders bailing
out Greece begin their latest review of the country’s progress
on its obligations this month, but in a break from the past, the
initial phase of talks starting Tuesday is being held in the
French capital instead of Athens.
LARISSA, Greece, Aug 5 (Reuters) – Grassroots movements to
cut out middlemen have been on the increase since Greece’s debt
crisis exposed the country’s Achilles heel – a bureaucratic
system which stifles innovation and encourages corruption.
One of the most successful is based in Larissa, near the
demi-God’s legendary birthplace. The town’s new vending
machines, have, on a small scale, solved a problem Greece’s
leaders and their international backers have tried and failed to