Posts Tagged ‘ Greece ’

Merkel ‘suggests Greek euro vote’

May 18, 2012
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Merkel ‘suggests Greek euro vote’

18 May 2012 Last updated at 16:27 ET Germany’s leader has had telephone contact with the Greek president, amid continuing speculation that his country may have to leave the eurozone. Greek officials said Chancellor Angela Merkel had suggested Greece could hold a referendum on the euro when it votes in national elections next month....

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Olympic relay flame lands in UK

May 18, 2012
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Olympic relay flame lands in UK

18 May 2012 Last updated at 16:24 ET By Claire Heald BBC 2012 Please turn on JavaScript. Media requires JavaScript to play. David Beckham used a London 2012 torch to light a cauldron The Olympic flame has landed in the UK ready for the London 2012 torch relay after being flown from Athens, Greece....

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Cameron defends his euro warning

May 17, 2012
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Cameron defends his euro warning

17 May 2012 Last updated at 15:05 ET Please turn on JavaScript. Media requires JavaScript to play. PM: “The eurozone… either has to make up, or it is looking at a potential break-up.” David Cameron has said there will be no retreat on deficit reduction – and that he was right to speculate publicly...

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No breakthrough in Greek talks

May 14, 2012
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No breakthrough in Greek talks

14 May 2012 Last updated at 15:59 ET Please turn on JavaScript. Media requires JavaScript to play. Greek citizen: “I am very scared they will not be able to succeed with the coalition” Negotiations on forming a new Greek government have ended after an hour but will resume on Tuesday. Three previous attempts to...

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EU bankers ponder Greek euro exit

May 12, 2012
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EU bankers ponder Greek euro exit

12 May 2012 Last updated at 13:19 ET Europe central bankers have been openly expressing views on the possibility of Greece leaving the eurozone as its leaders struggle to form a government. Germany’s top banker said it was up to the Greeks to decide, but if they did not keep to their bailout commitments,...

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Greek coalition ‘slumps in poll’

May 6, 2012
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6 May 2012 Last updated at 16:52 ET Early results in Greece’s parliamentary election suggest the two main parties have suffered dramatic losses. With 35% of the vote counted, centre-right New Democracy is in the lead with 20.35%, down from 33.5% in 2009. Centre-left Pasok is in third place with 14.10%, down from 43.9%...

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Greece ‘averts nightmare outcome’

February 21, 2012
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Greece ‘averts nightmare outcome’

21 February 2012 Last updated at 15:58 ET Greece has avoided a nightmare scenario by agreeing to a 130bn euros (£110bn; $170bn) bailout deal, Finance Minister Evangelos Venizelos has said. He said the deal was probably the most important in Greece’s post-war history. The cabinet was meeting to discuss how to pass the reforms...

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Eurozone Greece talks ‘cancelled’

February 14, 2012
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14 February 2012 Last updated at 15:48 ET The head of the eurozone countries has downgraded an eurozone finance ministers meeting on Wednesday, saying Greece has not yet given the necessary assurances about its austerity plan. Ministers, who had demanded Greece find an extra 325m euros of savings, had been set to meet in...

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Greek PM warns of default ‘chaos’

February 10, 2012
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Greek PM warns of default ‘chaos’

10 February 2012 Last updated at 13:28 ET Please turn on JavaScript. Media requires JavaScript to play. The BBC’s Mark Lowen says that social unrest is on the rise in Greece Greece faces “uncontrolled economic chaos” if it fails to agree spending cuts and defaults on its debts, Prime Minister Lucas Papademos has warned....

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Euro ministers doubt Greek plans

February 9, 2012
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9 February 2012 Last updated at 13:21 ET Eurozone ministers have cast doubt over a new Greek austerity plan, as they meet in Brussels to decide on a 130bn euro ($170bn; £110bn) bailout fund. German Finance Minister Wolfgang Schaeuble said the Greek plan was “not at a stage where it can be signed off”....

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