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Rescue Measures for Greece Advance as French Offer to Ease Debt

Under the plan, French banks would give Athens more time to pay back loans as they come due over the next three years.

 

Some Greeks Fear Government Is Selling Nation

The crown jewels of Greece’s socialist state are now likely to go to the highest bidder.

 

Eurozone delays decision on vital Greek loans

Eurozone delays decision on vital Greek loans

Hours of talks between eurozone finance ministers on the imploding finances of Greece broke up early Monday morning without the ministers signing off on a vital installment of rescue loans needed to avoid bankruptcy next month.

 

Eurozone 'to approve' Greece loan

Eurozone finance ministers meet in Luxembourg, where they are expected to approve a 12bn-euro (£10bn) loan to debt-stricken Greece.

 

Greek PM vows to stay, lead exit from debit crisis

Prime Minister George Papandreou has vowed to stay on and fight to pull his country out of a crippling debt crisis, facing down a revolt in his Socialist party over new but widely unpopular austerity measures....

 

Greek prime minister offers to step down amid power-sharing talks and protests

Greek Prime Minister George Papandreou offered on Wednesday to step down and make way for a national unity government provided it supported EU/IMF bailout plans, government sources said.

 

S&P Slashes Greece Ratings

Standard & Poor's cut its ratings on Greece three notches on its expectations of the likelihood of one or more defaults over the next 12 months.

 

ECB takes hard line on Greece in rebuff to Berlin

The European Central Bank said on Thursday it opposed forcing private creditors to take part in debt relief for Greece, pushing back against Germany, which has demanded a bond swap to lengthen Greek debt maturities.

 

EU forecasts, Nowotny say Greece failing on debt terms

Bleak EU economic forecasts on Friday showed Greece will miss its debt targets this year without further reforms and a senior policymaker said Athens was not meeting the terms of its rescue package.

 

VIDEO: Why Greece may need second bail-out

Speculation is growing that Greece may need a second financial bail-out from the international community

 

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