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News archive:
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Google News
9 Mar 2010:
Missing body of Cyprus' ex-leader is found - Indiana Gazette
Missing body of Cyprus' ex-leader is found Indiana Gazette ... Greek Cypriot south and a breakaway Turkish Cypriot north in 1974, when Turkey invaded after a coup by supporters of uniting the island with Greece . ... and more »...

Missing body of Cyprus' ex-leader is found - MyMotherLode.com
Missing body of Cyprus' ex-leader is found MyMotherLode.com ... Greek Cypriot south and a breakaway Turkish Cypriot north in 1974, when Turkey invaded after a coup by supporters of uniting the island with Greece . ... and more »...

EU urges US to join in action against speculators - istockAnalyst.com (press release)
EU urges US to join in action against speculators istockAnalyst.com (press release) Greek Prime Minister George Papandreou, in Washington, DC to meet with President Barack Obama, is also calling for curbs on speculation which he blames for ... and more »...

US stocks rise as investors push telecom higher - MarketWatch
US stocks rise as investors push telecom higher MarketWatch Officials familiar with the matter said the Greek government will seek to raise a further €10 billion ($13.6 billion) through one or two bond issues in ......

EU urges US to join in action against speculators - American Chronicle
EU urges US to join in action against speculators American Chronicle Greek Prime Minister George Papandreou, in Washington, DC to meet with President Barack Obama, is also calling for curbs on speculation which he blames for ... and more »...

Missing body of Cyprus' ex-leader is found - WAND
Missing body of Cyprus' ex-leader is found WAND ... Greek Cypriot south and a breakaway Turkish Cypriot north in 1974, when Turkey invaded after a coup by supporters of uniting the island with Greece . ... and more »...

Greek PM meets Obama amid finance crisis - Jakarta Globe
Greek PM meets Obama amid finance crisis Jakarta Globe "Prime minister Papandreou is to be commended for his courage in responding to Greece's financial and economic challenges," Pelosi said. "The Greek people ... and more »...

EU urges US to join in action against speculators - KTVZ
EU urges US to join in action against speculators KTVZ Greek Prime Minister George Papandreou, in Washington, DC to meet with President Barack Obama, is also calling for curbs on speculation which he blames for ... and more »...

Missing body of Cyprus' ex-leader is found - WAOW
Missing body of Cyprus' ex-leader is found WAOW ... Greek Cypriot south and a breakaway Turkish Cypriot north in 1974, when Turkey invaded after a coup by supporters of uniting the island with Greece . ... and more »...

White House: Greek Debt Crisis Is An Issue For The EU - NASDAQ
White House: Greek Debt Crisis Is An Issue For The EU NASDAQ WASHINGTON -(Dow Jones)- Greece's fiscal problems "can and should" be resolved by the European Union, the White House said Tuesday, dismissing the notion ......

European Stock-Index Futures Little Changed; Fortis May Move - BusinessWeek
European Stock-Index Futures Little Changed; Fortis May Move BusinessWeek 5 on speculation the European Union will support Greece if needed as it struggles to reduce the region's biggest budget deficit. Greek Prime Minister George ......

Gonzalez-Paramo wants euro zone fiscal coordination - Reuters
Gonzalez-Paramo wants euro zone fiscal coordination Reuters The Greek financial crisis, which has spooked international markets over potential euro-member debt default and the monetary union's future, has shown the ......

Gonzalez-Paramo wants euro zone fiscal coordination-UPDATE 1 - Forexyard
Gonzalez-Paramo wants euro zone fiscal coordination-UPDATE 1 Forexyard The Greek financial crisis, which has spooked international markets over potential euro-member debt default and the monetary union's future, has shown the ......

Fortis Resumes Dividend, Trims Greek Bond Holdings at a Loss - BusinessWeek
Fortis Resumes Dividend, Trims Greek Bond Holdings at a Loss BusinessWeek “As a result, Fortis reduced its exposure on Greece .” Fortis said it sold an additional 1.5 billion euros of mostly Italian government bonds since the start ......

Glance-European Factors-Shares seen mixed after two-day dip - Interactive Investor
Glance-European Factors-Shares seen mixed after two-day dip Interactive Investor "But with the Greece situation still looming and an increasingly hawkish Fed, many believe that the time for a move lower is well overdue." Greek Prime ......

Support-gathering meeting with Obama a success, Greece says - Deutsche Welle
Support-gathering meeting with Obama a success, Greece says Deutsche Welle Greek Prime Minister George Papandreou said the US encouraged Athens' efforts to boost financial regulations, after his meeting with Barack Obama in ......

Analysis: Greek crisis could become US tragedy - Tribune Review
Analysis: Greek crisis could become US tragedy Tribune Review ... to the 2008 financial near-collapse -- are being employed by those betting that Greece will default on its debt. Greek Prime Minister George Papandreou, ......

European Stock-Index Futures Little Changed; Fortis May Move - Bloomberg
European Stock-Index Futures Little Changed; Fortis May Move Bloomberg 5 on speculation the European Union will support Greece if needed as it struggles to reduce the region's biggest budget deficit. Greek Prime Minister George ... and more »...

Greece wants speculative curbs, US has own plan - U.S. Daily
Greece wants speculative curbs, US has own plan U.S. Daily " Greece has won some trust back through the steps taken by its government. In Washington, the Greek finance minister visited the International Monetary Fund ......

Fortis Resumes Dividend, Trims Greek Bond Holdings at a Loss - Bloomberg
Fortis Resumes Dividend, Trims Greek Bond Holdings at a Loss Bloomberg “As a result, Fortis reduced its exposure on Greece .” Fortis said it sold an additional 1.5 billion euros of mostly Italian government bonds since the start ... and more »...


ERT Online News
9 Mar 2010:
Crucial Meeting at the White House
Financial matters, as well as a single policy against speculators in collaboration with the European Commission and Washington, will top the talks to be held between Greek Prime Minister George Papandreou and US President Barack Obama at the White House. The Greek Premier will suggest Europe and the USA join forces to change the rules governing the fiscal system. He will also recommend the issue be brought up at the forthcoming G20 meeting. ...

Two Earthquakes Hit Northern Evia
Two weak earthquakes measuring 4.0 and 4.3 on the Richter scale were recorded in the early hours of Tuesday off the coast of northern Evia. Although felt in Attica, none of them caused any damage. Seismologists are monitoring the phenomenon. ...


Moreover
9 Mar 2010:
Greece debt crisis, Mekong drought a global "flash point"
The government is closely monitoring the Greece debt crisis and the drought in the Mekong delta in southwestern Vietnam, which could affect the Philippine economy and its rice supply, a top official of the planning department said on Tuesday. Dennis...

Greek EFG Eurobank launches EUR 500m covered bond
- Greek EFG Eurobank Ergasias (ASE:EUROB) said yesterday it issued a EUR-500-million (USD 680m) covered bond, as part of a programme to effectively utilise its assets and boost liquidity. The five-year bond, whose maturity can be extended to 10 years,...

EU executive mulls ban on naked CDS selling
STRASBOURG, France/WASHINGTON (Reuters) - The European Commission said on Tuesday it will consider banning the naked selling of derivatives contracts some EU politicians say were used by speculators to bet on a Greek bond default. Commission President...

EU working on mechanism to help Greece if needed 
The European Union executive is working with euro zone member states on a mechanism to help Greece if necessary, European Commission President Jose Manuel Barroso said on Tuesday. "The Commission has been actively working with euro area member states to...

Greece, Qatar discuss $4b natural gas project
ATHENS - Greece on Monday said it is contemplating a cooperation accord with Qatar on a natural gas project worth over $4 billion. Greek Minister of State Haris Pamboukis has been contacting Qatari Deputy Prime Minister and Energy Minister Abdullah bin...

Greek PM Calls For U.S. To Help Regulate Speculators
(RTTNews) - Greece Prime Minister George Papandreou will meet with U.S. President Barack Obama in Washington on Tuesday, where he will appeal for assistance in regulating the currency traders and hedge funds that have bet against Greek debt. Greece...

Greek public, private sector clash over austerity (Reuters)
ATHENS (Reuters) - Greece's new austerity package has driven a wedge between private and public sector workers, pitting resentful private employees against civil servants seen as privileged over who should pay for the country's debt crisis. Under...

German Banks' Greek Exposure To Result In Limited Rating Impact: Fitch
(RTTNews) - Fitch Ratings on Tuesday said that German banks' exposure to Greece would result in only a limited number of potential rating actions even in the unlikely scenario that Greece were to default. The Issuer Default Ratings of most of the banks...

Greek Consumer Price Inflation Rises In February
(RTTNews) - Tuesday, the General Secretariat of the National Statistical Service of Greece announced that the consumer price index or CPI rose 2.8% year-on-year in February, faster than the 2.4% growth in the previous month. A year earlier, the CPI was...

José Manuel Durão Barroso President of the European Commission Statement on Greece and financial market questions Plenary Session of European Parliament Strasbourg, 9 March 2010
SPEECH/ 10/80 José Manuel Durão Barroso President of the European Commission Statement on Greece and financial market questions Figures and graphics available in PDF and WORD PROCESSED Plenary Session of European Parliament Strasbourg, 9 March 2010...

Hedge Funds: Managers see contagion from Greek crisis: survey
By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) -- Many hedge funds expect Greece's debt crisis to spread to other countries, and some managers in the $1.5 trillion industry think the country's problems will lead to the breakup of the euro,...

Greece heads for further general strike
Greek tax and garbage collectors walked off their jobs for a second day Tuesday as the country braced for a second general strike against government austerity measures. Over a million civil servants, workers and private sector staff have been called upon...

U.S. urges Greece to fix debt woes, spur growth
Greece's main priority right now should be to move forward on its plans to revive economic growth and bring its debt problems under control, an Obama administration official said on Tuesday. The official, speaking ahead of a meeting between Greek Prime...

EU working on mechanism to help Greece if needed
The European Union executive is working with euro zone member states on a mechanism to help Greece if necessary, European Commission President Jose Manuel Barroso said on Tuesday. 'The Commission has been actively working with euro area member states to...

Merkel backs EMF, leaves open aid to Greece
German Chancellor Angela Merkel backed the idea of a European Monetary Fund on Monday and left open the possibility of helping Greece in future, while emphasising it was not in an emergency now. Her Finance Minister Wolfgang Schaeuble threw his support...

Greek Tax Revenue Estimates May Be Too High
March 9 (Bloomberg) -- Greek tax increases designed to curb the European Unions biggest budget deficit may fail to generate as much additional revenue as the government in Athens estimates, a draft EU report said. That would hinder Prime Minister George...

Merkel Takes Aim at Credit-Default Swaps
(Adds European fund proposal from seventh paragraph, EUs Rehn in 13th. For more on the Greek crisis, see EXT3 GO.) March 9 (Bloomberg) -- German Chancellor Angela Merkel and Luxembourg Prime Minister Jean-Claude Juncker called for urgent regulation of...

Greek PM to meet Obama amid crisis
Greek Prime Minister George Papandreou on Tuesday enters talks with President Barack Obama seeking not a handout but US action against speculators that he says are deepening his country's financial crisis. Papandreou will take part in the closed-door...

Greek PM to meet Obama amid finance crisis (AFP)
AFP//File – Greek Prime Minister George Papandreou speaks to the media at the State Department on March 8 in Washington, … Play Video Barack Obama Video:Biden talks Iranian nukes, peace in Israel AP Play Video Barack Obama Video:Residents From...

Greek PM to meet Obama amid finance crisis
Greek Prime Minister George Papandreou Tuesday enters talks with President Barack Obama seeking not a handout but US action against speculators that he says are deepening his country's financial crisis. Papandreou will take part in the closed-door Oval...

Euro slips with all eyes on Greece
The euro fell against the dollar in European deals on Tuesday as investors awaited fresh details on Greece's plans to resolve the nation's debt crisis, analysts said. In morning deals here, the European single currency slid to 1.3592 dollars from 1.3631...

Greek premier to talk financial reform with Obama
WASHINGTON (AFP) - Greek Prime Minister George Papandreou urged the United States to crack down on currency speculators amid reports that some US funds have placed bearish bets against the euro. Papandreou and US President Barack Obama and Papandreou...

Lions Clubs Greek BBQ Feast for Fundraiser
@ 03:52pm by s.andronikos Lions Club of Camp Hill/ Carindale invites you to enjoy a day at the park! Carindale Recreation Reserve has recently been renovated so the toilets are close and new, and there is a big play gym for the kids to play on. We are...

Lions Club Greek BBQ Feast Fundraiser
@ 03:58pm by s.andronikos Lions Club of Camp Hill/ Carindale invites you to enjoy a day at the park! Carindale Recreation Reserve has recently been renovated so the toilets are close and new, and there is a big play gym for the kids to play on. We are...

Greece Designated as Member of the Visa Waiver Program
For Immediate Release Office of the Press Secretary Contact: 202-282-8010 Department of Homeland Security (DHS) Secretary Janet Napolitano today announced the designation of Greece as a member of the Visa Waiver Program (VWP)strengthening passenger...

Greek PM warns of domino effect
Greek Prime Minister George Papandreou warns a financial crisis in Greece would have dangerous consequences for Europe. 09/03/10 Up next... US markets end week up on jobs Visit our sponsor Please wait while we detect your connection speed. Video settings...

Swap rules urged
Greek PM warns of 'domino effect' On a four-day visit to the US, Greek PM George Papandreou warned a financial crisis in Greece would would have dangerous consequences for Europe. The European Union's top regulatory official said the bloc will consider...

Obama: Greece Has US As Ally
WASHINGTON -- President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading. Papandreou said he outlined European...

Is Japan headed down Greece's road?
TOKYO - The Japanese have always been fascinated with Europe. They modelled their system of government on Britain's, as well as their health-care system and roads; their railways owe something to France; their banks are being remodelled in German...

Greek Finance Minister Papaconstantinou on His Country's FInancial Plight
SUSIE GHARIB: Greece says it is not looking to the United States for help with its debt crisis. The nation's prime minister made that clear today after briefing President Obama in the oval office on efforts to contain the crisis. Prime Minister George...

Greece says G20 to review financial speculation (Reuters)
Greece says G20 to review financial speculation By Harry Papachristou WASHINGTON (Reuters) - Greece, pressing for curbs on financial speculation that it blames for worsening the country's debt crisis, said on Tuesday the idea would be examined by the...

Greek public, private sector clash over austerity
Greece's new austerity package has driven a wedge between private and public sector workers. Greece's new austerity package has driven a wedge between private and public sector workers, pitting resentful private employees against civil servants seen as...

Obama Pledges to Greek Leader U.S. Will Help
President Barack Obama stood with Greek Prime Minister George Papandreou on Tuesday and pledged that the United States would work with its ally, even as Greece's enormous debts sparked frenzied trading. AP March 9: President Barack Obama shakes hands...

Euro falls as investors await Greece rescue plan details
LONDON The euro fell against the dollar in European deals on Tuesday as investors awaited fresh details on Greece’s plans to resolve the nation’s debt crisis, analysts said. In morning deals here, the European single currency slid to 1.3592 dollars...

Greek austerity plans given Clinton approval
US Secretary of State, Hillary Clinton, has met Greek Prime Minister George Papandreou in Washington. After the meeting, Ms Clinton said the United States would support Greece's efforts to deal with its financial crisis. While adding that Greece had not...

Obama Pledges Friendship To Debt-Riddled Greece
President Barack Obama (l) and Greek Prime Minister George Papandreou at the White House, 09 Mar 2010 President Barack Obama has told visiting Greek Prime Minister George Papandreou the U.S. will work with Greece, which is struggling with massive debt....

Greek PM: Obama 'positive' on speculator battle
A man walks past a huge replica of the last edition of the old Greek drachma in Athens. Greek Prime Minister George Papandreou said Tuesday he had won a pledge from US President Barack Obama to take on the issue of speculators blamed for deepening...

Greece seminar highlights operation...
More than 190 members of the Greek shipowning and operating community attended a comprehensive seminar in Athens on issues associated with the requirement to burn low sulfur fuels in the existing Sulfur Emissions Control Areas (SECAs) and in European...

The Greek debt crisis: How the international community can help (The Christian Science Monitor)
Washington Greece may be doing all the right things to revive our economy. But not everyone may want us to succeed. To succeed, the international community needs to address the threat of speculation and ill-regulated financial markets – a threat that...

Obama: Greece, facing bad days, has US as ally
Greek Prime Minister George Papandreou gestures during his joint news conference Secretary of State Hillary Rodham Clinton, Monday, March 8, 2010, at the State Department in Washington. (AP Photo/Haraz N. Ghanbari) (Haraz N. Ghanbari - AP)...



 

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