Politics
Cyprus
Israel's Peres to Visit Cyprus
The President of Israel Shimon Peres will pay a state visit to Cyprus November 2-4.
According to the preliminary programme, the Israeli President is expected to have a tete-a-tete with President Demetris Christofias, followed by an official meeting between delegations...
Greece
Parliament Begins Debate on Government Confidence Motion
Greece’s Parliament began a three-day debate on a confidence motion in the government of Prime Minister George Papandreou in Athens today, according to statements from Parliament Speaker Filipos Petsalnikos.
The debate will conclude by midnight on Nov. 4 and will...
Greece
Opposition Leader Opens Electoral Campaign
Antonis Samaras, leader of Nea Dimocratia - the main opposition party in Greece (centre-right) - today essentially opened the electoral campaign when addressing his party's parliamentary group, asking the current government ''to leave as soon as possible, because it...
Economy
German Minister Says no Going Back on Greek Bailout
As Europe demands an explanation from Greece's prime minister for his decision to hold a referendum on the latest EU bailout, voters are warned that a rejection of the rescue plan is a rejection of the euro all together.
Germany's...
Greece
Schaeuble: Urges Quick Clarity Over Way Ahead For Greece
German Finance Minister Wolfgang Schaeuble urges the Greek government to carry out as quickly as possible the planned referendum over the country΄s latest bailout package, according to an interview Wednesday in Hamburger Abendblatt.
"It would be helpful to obtain clarity...
Greece
Greek Cabinet Backs Papandreou and Referendum
Greek Prime Minister fought off a barrage of criticism to win the backing of his cabinet Wednesday to push ahead with a referendum. Greece's cabinet voted Wednesday to support George Papandreou's call to hold a public vote as soon...
Economy
Papandreou’s Referendum Call Rattles Markets, Threatens Bailout
Greek Prime Minister George Papandreou’s surprise announcement will ask voters to decide the fate of international bailout loans and his wobbly Administration through a referendum sent shock waves through the markets, rattling Wall Street, angering European leaders who just...
Economy
Papandreou to Meet With G-20 Leaders Tomorrow in Cannes
Prime Minister George Papandreou will travel to Cannes tomorrow to discuss developments in Greece with leaders of the Group of 20, a Greek government official said.
Papandreou, who spoke with German Chancellor Angela Merkel today, is travelling to the meeting...
Greece
Health Minister To Advise Papandreou Against the Referendum
Health Minister Andreas Loverdos will tell Prime Minister George Papandreou his call for a referendum is wrong and it shouldn’t be held, Proto Thema newspaper reported, without saying how it got the information. Loverdos, and two other members of...
Greece
Papandreou Called on to Resign by 6 Party Members
Six senior members of the ruling party called on Prime Minister George Papandreou to step down, state-run Athens News Agency reported, without citing anyone.
The members of the Pasok National Council sent a joint letter to Papandreou saying the country...
Greece
Milena Apostolaki Quits PASOK Group
A Greek governing party deputy defected on Tuesday over Prime Minister George Papandreou's sudden decision to hold a referendum on a European debt deal, leaving the Socialists with only a two-seat majority in parliament.
Socialist MP Milena Apostolaki declared herself...
Greece
The Rest Of Europe Is Fuming At Greece Right Now
French President Nicolas Sarkozy was reported to be “dismayed” by the news that Papandreou would call a referendum on the bailout deal. Sources close to Sarkozy said, “The Greek’s gesture is irrational and, from their point of view, dangerous.”...
Economy
Fitch: Greek Referendum Poses a Threat to the Eurozone's Financial Stability
Ratings says that the announcement by the Prime Minister of Greece of a public referendum to approve the economic and financial conditions associated with the new EU-IMF programme, including the debt restructuring under the 'private sector involvement' (PSI),...
Greece
Samaras: Will Try To Stop Referendum At Any Cost
General elections are a ''national necessity,'' Antonis Samaras, the leader of the main opposition New Democracy party told reporters following his meeting with President Karolos Papaoulias in Athens on Tuesday.
In a brief statement to the press, the leader of...
Economy
German Parliament Leader "Irritated" by Greek Referendum
A leader in Chancellor Angela Merkel's center-right coalition said on Tuesday he was "irritated" to hear Greek Prime Minister George Papandreou had called a referendum on the EU bailout deal for his country.
Rainer Bruederle, parliamentary floor leader for the...