Bureau Chief, Greece & Cyprus
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Nov 23, 2011

Greek opposition leader offers pledge, doubts remain

ATHENS, Nov 23 (Reuters) – Opposition leader Antonis
Samaras on Wednesday sent a letter to Greece’s lenders pledging
support for a bailout deal, but it remained unclear whether this
would be enough to unblock funds the country needs to avoid
bankruptcy.

A vital sixth tranche of aid for the debt-choked country has
been held up by Samaras’ refusal to comply with a European Union
demand to provide a written pledge backing a bailout deal beyond
the 90-day coalition government’s agreed mandate.

Nov 10, 2011

Greek government born of five days of torment

ATHENS (Reuters) – For five tormented days, Greece’s search for a prime minister swung between comedy and tragedy, back-office deals struck then abandoned, names floated then denied, screaming in corridors; all while the country drifted toward economic disaster.

“If I were a foreigner watching it, I would say let them all go to hell,” one socialist deputy was overheard telling a colleague at the parliament coffee shop.

Nov 9, 2011

Deal on Greek premier collapses, Papademos re-emerges

Nov 9 (Reuters) – A deal on forming a Greek national unity
government collapsed as the country headed towards an economic
abyss and revived early on Thursday the chances of former
European Central Bank vice president Lucas Papademos heading the
coalition.

Prime Minister George Papandreou said he was handing over to
a coalition that does not exist and then failed to install an
old-style politician and personal ally as premier.

Nov 9, 2011

Greek parties agree speaker as new PM, barring snags

ATHENS, Nov 9 (Reuters) – Greek Prime Minister George
Papandreou said he was stepping down on Wednesday without
saying who would succeed him as the nation heads towards an
economic precipice, but party sources said political leaders had
agreed it would be the speaker of parliament.

Parties from left and right settled on veteran socialist
Filippos Petsalnikos, barring-last minute snags, the sources
said, turning to their own political class after ditching a plan
to recruit a former top European Central Bank official.

Nov 7, 2011

Greek opposition says coalition must keep economic team

ATHENS (Reuters) – Greece’s conservative opposition wants to keep the outgoing socialist government’s economic team, including Finance Minister Evangelos Venizelos, in the new coalition for the sake of continuity in a time of crisis, a party official said on Monday.

The New Democracy party would support the coalition, which is due to govern until elections in February, but wanted to play no direct part in it, the official told Reuters on condition of anonymity.

Nov 7, 2011

Ex-central banker front-runner to become Greek PM

ATHENS, Nov 7 (Reuters) – A former deputy head of the
European Central Bank emerged on Monday as frontrunner to become
Greek prime minister, as party leaders bargained over who will
lead a “100 day coalition” to push through a bailout before the
nation runs out of money.

Under EU pressure, an unaccustomed spirit of compromise
seeped into Greek politics as the top parties haggled over the
jobs in a government which will run Greece only until early
elections in February.

Nov 7, 2011

prescribed coalition gives Greece short-term relief

ATHENS (Reuters) – The European Union stepped in to force Greece’s political parties into a coalition that will save the country from immediate default but the bickering that marked the negotiations bodes ill for Greece’s place in the euro zone.

The deal on the new coalition, to be fleshed out on Monday, still lacks an agreed prime minister, a duration and a clear mandate but will allow Greece to collect an international loan instalment it needs before it runs out of cash in December.

Nov 7, 2011

Analysis: EU-prescribed coalition gives Greece short-term relief

ATHENS (Reuters) – The European Union stepped in to force Greece’s political parties into a coalition that will save the country from immediate default but the bickering that marked the negotiations bodes ill for Greece’s place in the euro zone.

The deal on the new coalition, to be fleshed out on Monday, still lacks an agreed prime minister, a duration and a clear mandate but will allow Greece to collect an international loan installment it needs before it runs out of cash in December.

Nov 7, 2011

Greece seals deal on new coalition under EU pressure

ATHENS/PARIS (Reuters) – Greece’s politicians agreed on Sunday to form a unity government to approve a euro zone bailout, with Prime Minister George Papandreou due to step down to break an impasse after the EU demanded its parties join forces to avert bankruptcy.

Discussion on who would lead the new government would continue on Monday, the office of the Greek president said after the European Union gave Greece 24 hours to show how it will enact its 130 billion euro emergency funding package.

Nov 6, 2011

Newsmaker: Greece’s Papandreou, Socialist scion, felled by debt

ATHENS (Reuters) – Greek Prime Minister George Papandreou was elected as a Socialist who would lavish jobs and benefits on the poor and working class, but was brought down two years later by an economic crisis that forced him to do the opposite.

He is expected to step down soon, after the presidency announced on Sunday that his PASOK party and its conservative opponents had agreed to form a national unity government to stave off bankruptcy. One of the conservatives’ main conditions for participation has been his resignation.

    • About Dina

      "Based in Athens, in charge of text, pictures and TV teams covering Greece and Cyprus since 2005. Previously based in Bucharest, in charge of Romania and Bulgaria."
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