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Tuesday, February 7, 2012

Greek leaders face crunch talks as unions strike

Posted by Reuters: Business News on February 7, 2012

ATHENS (Reuters) – Greek leaders face crunch talks on Tuesday to secure a new international bailout and avoid a chaotic debt default, caught between EU demands that they accept painful reforms now and a national strike against more austerity.



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Greek leaders face crunch talks, unions strike

Posted by Reuters: Business News on February 6, 2012

ATHENS (Reuters) – Greek political leaders face crunch talks on Tuesday to hammer out a deal on unpopular reforms that have prompted the country’s biggest labor unions to walk off the job.



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Greeks delay bailout talks as Merkel demands action

Posted by Reuters: Business News on

ATHENS/PARIS (Reuters) – German Chancellor Angela Merkel told Greece on Monday to make up its mind fast on accepting the painful terms for a new EU/IMF bailout, but the country’s political leaders responded by delaying their decision for yet another day.



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Markets warm to European debt, Portugal pressure eases

Posted by Reuters: Business News on February 1, 2012

LONDON/ATHENS (Reuters) – Cautious optimism that the euro zone crisis may be turning a corner fuelled demand for European government debt on Wednesday, easing pressure on Portugal, seen as the most vulnerable country after Greece.



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Wall Street falls at open on Greek budget woes

Posted by Reuters: Business News on January 30, 2012

NEW YORK (Reuters) – U.S. stocks fell at the open on Monday as concerns grew about the state of Europe’s finances as Greece and Germany sparred over budget measures for Athens.



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Stock futures slip as Germany, Greece wrangle over budget

Posted by Reuters: Business News on

NEW YORK (Reuters) – Stock index futures fell on Monday as concerns grew about the state of Europe’s finances as Greece and Germany sparred over budget measures for Athens.



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Greek PM seeks backing for reforms, debt deal near

Posted by Reuters: Business News on January 29, 2012

ATHENS (Reuters) – Prime Minister Lucas Papademos sought backing on Sunday from leading Greek party leaders for painful and unpopular reforms that the near-bankrupt country must negotiate now that a long-awaited debt relief deal seems almost secured.



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Greek PM tries to win backing from parties for reforms

Posted by Reuters: Business News on

ATHENS (Reuters) – Greek Prime Minister Lucas Papademos met leaders of political parties in his coalition on Sunday to persuade them to back painful reforms demanded by the near-bankrupt country’s foreign lenders.



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Greek creditors urge quick deal after eurozone rejection

Posted by Reuters: Business News on January 25, 2012

ZURICH/ATHENS (Reuters) – Greece’s private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default.



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Greek creditors urge quick deal after eurozone

Posted by Reuters: Business News on January 24, 2012

ZURICH/ATHENS (Reuters) – Greece’s private creditors pleaded on Tuesday with European officials who rejected their bond swap offer to hammer together a deal before Athens tumbles into a chaotic default.



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