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GreekHerald.com Sunday 5th February 2012 Edition 10/051
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Juncker warns of possible Greece default
Berlin - The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine...


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Greece: Elites appoint new gov't behind the people's backs
A 48-hour strike on October 19-20 was the biggest since the end of the Greek dictatorship in 1974. Over October 19-20 there was a general strike in Greece. The overwhelming majority of Greek workers...
Euro Drops as Greek Debt Stalemate Increases Crisis Concern
Feb. 4 (Bloomberg) -- The euro fell against the yen, dropping from a one-month high, as an unresolved Greek debt-swap agreement with private bondholders added to concern the region’s fiscal...
Greek Bailout Hangs on ‘Razor’s Edge’ as Reforms, Cuts Sought
Feb. 5 (Bloomberg) -- Greece’s efforts to win a second bailout from international creditors teetered in the balance as negotiations in Athens failed to clinch an...
Greece's Bailout Deadline Looms, as Clock Continues to Tick
Greece on Saturday warned it had only one day left to clinch the bailout plan with political leaders and impatient lenders who accuse it of dragging its feet on promised reforms. "There is...
24 hours to clinch Greek bankruptcy-saving deal: minister
Greece has one day left to clinch a eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, Finance Minister Evangelos Venizelos said, warning that talks were "on...
Greek coalition leaders in crunch talks
Greek Prime Minister Lucas Papademos today faces the task of convincing his coalition partners to agree to the stringent terms of a 130 billion euro rescue plan to stave off looming default. Greek...
Greece: Debt talks must be done by late Sunday
ATHENS, Greece -- Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a second, $171 billion bailout and avoid bankruptcy. ...
Debt talks stand 'at the razor's edge,' Greek minister says
ATHENS, Greece — Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a second, $171 billion bailout, and avoid...
Greek debt talks to stretch into weekend
ATHENS, Greece (AP) -- "Crucial" issues remain to be resolved in Greece's critical negotiations over a second multibillion euro international bailout, and talks would continue into the...
Clock ticks on Greece's bailout deadline
Greece and creditors on verge of deal Greek Prime Minister Lucas Papademos faces a critical task of convincing international lenders and political party leaders today to agree to the stringent...
Clock ticks on Greece’s bailout deadline
Greek finance minister Evangelos Venizelos makes a statement to the press after a telephone conference with fellow eurozone ministers on February 4, 2012. Negotiations with the EU and the IMF on a...
Eurogroup's Juncker warns of possible Greece default
Greece's Finance minister Evangelos Venizelos leaves his office in Athens February 4, 2012. Greece has agreed with euro zone partners on how to recapitalise Greek banks after a planned bond...
Greece Talks Enter ‘Final Phase’ on 2nd Bailout
Athens failed to clinch an agreement. "The distance between success and failure, which could come from misfortune or misunderstanding, is very small," Greek Finance Minister Evangelos...
America's Clinton throws weight behind euro as Greek debt deal edges closer
Hilary Clinton and Angela Merkel have voiced confidence that Europe can solve its financial crisis, as Greece's international creditors entered crunch talks in...
Greece Sets Sunday Deadline For Debt Talks
February 4, 2012 Greece is under heavy pressure from its creditors to implement further austerity and structural measures if it wants to get a second, euro130 billion ($171 billion) bailout, and...
Eurogroup's Juncker Warns of Possible Greek Default
The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on...
Eurogroups Juncker warns of possible Greece default
The possibility of a sovereign default by Greece cannot be ruled out, Jean-Claude Juncker, head of the Eurogroup of finance ministers from the single currency zone, said in a German magazine on...
Greece says faces 24-hour deadline to clinch rescue
Greece has just one day left to strike a deal with impatient lenders and reluctant political party leaders on a 130 billion rescue plan before the country is pushed towards a chaotic default, its...
Euro zone loses patience with Greece
Euro zone finance ministers told Greece on Saturday it could not go ahead with an agreed deal to restructure privately-held debt until it guaranteed it would implement reforms needed to secure a...
Greek Talks at a Delicate Point, Official Says
The Greek finance minister, Evangelos Venizelos, after a two-hour conference call with euro zone officials. He said critical issues remain...
Greek leader Panathinaikos suffers away loss
ATHENS, Greece (AP)—Greek league leader Panathinaikos lost 1-0 at Levadiakos on Saturday, giving defending champion Olympiakos a chance to narrow its five-point gap with the Athens club. ...
Greek debt talks flounder over labour laws
Greece's international creditors and the Greek government have failed to reach a debt deal for a third weekend in succession after final negotiations foundered over the country's...
Greek Official Says Barriers Remain in Talks With Creditors
The Greek finance minister, Evangelos Venizelos, after a two-hour conference call with euro zone officials. He said critical issues remain...
Venizelos Says Greece on Razor’s Edge as Second Bailout at Stake
Feb. 4 (Bloomberg) -- Greece’s seven-month effort to win a second bailout from international creditors teetered in the balance as negotiations in Athens failed to clinch an...
Greece has '24 hours' to clinch debt deal'
eurozone bailout and a bond swap with creditors to manage its crushing debt repayments, the finance minister said Saturday, warning that talks were "on a knife edge.""The moment is...
Greek championship results and standings
Feb 4 (Reuters) - Greek championship results and standings on Saturday. Ergotelis 0 OFI Crete 1 Kerkyra 1 PAS Giannena 2 Levadiakos 1 Panathinaikos 0 Standings P W D L F A Pts 1 Panathinaikos...
Greek public snatches free potatoes
FARMERS protesting the low prices they get for their potatoes handed over 12 tons to an eager public in this northern Greek...