Timeline: greece or greek or grexit

2015-08-25 10:12:28sentencessite
  • Greek Coast Guard Search for 4 Still Missing After Capsize
2015-08-24 14:50:15sentencessite
  • Hundreds close roads in Greece to protest gold mine closure
  • THESSALONIKI, Greece (AP) " Greek police have arrested two union leaders after hundreds of miners blocked roads to protest the temporary closure of a controversial gold mine in northern Greece.
2015-08-24 14:25:06sentencessite
  • While some analysts have voiced concerns the election could derail the implementation of bailout measures Greece has signed up to, others argued it could lead to a more stable government.
  • "We believe Mr. Tsipras called for a snap election now to seek a fresh mandate to implement the latest agreement with Greece's creditors," said Alpona Banerji, vice president at Moody's ratings agency.
2015-08-24 14:22:41sentencessite
  • Greece: Newly formed party receives mandate to form gov't
  • "Some people think they can hide the consequences of the (bailout agreements) from the Greek people," Lafazanis said, commenting on Tsipras' decision to trigger elections, as he met with President Prokopis Pavlopoulos to receive the mandate to form a government.
2015-08-24 14:22:41sentencessite
  • Syriza hardliners blasted the party's young leader for reneging on the promises which brought him to power in January elections to repeal austerity measures imposed in return for Greece's two previous international bailouts.
2015-08-24 09:18:46sentencessite
  • Greece's coast guard was searching Monday for at least five people missing at sea after the dinghy they were using to enter Greece clandestinely from Turkey overturned off the coast of the eastern Aegean island of Lesbos.
2015-08-24 08:20:15sentencessite
  • Greece: Opposition party head returns mandate to form gov't
2015-08-23 20:30:26sentencessite
  • Opposition leader Evangelos Meimarakis, who was asked to form a government, is expected to inform Greek President Prokopis Pavlopoulos Monday that he has failed.
2015-08-23 20:29:38sentencessite
  • The Greek government says it's still aiming for a Sept.
  • Government spokeswoman Olga Gerovassili told Greek state TV ERT on Sunday that "as things stand now, Sept. 20 is a feasible election date."
2015-08-23 20:05:14sentencessite
  • Anti-mining protesters clash with Greek police; 78 arrested
2015-08-22 14:25:16sentencessite
  • GEVGELIJA, Macedonia - Thousands of migrants on Saturday rushed past baton-wielding Macedonian police who were attempting to block them from entering Macedonia from Greece.
  • Both Greece and Macedonia have seen an unprecedented wave of migrants this year, most fleeing wars in Syria, Afghanistan or Iraq.
  • Few, if any, of the migrants want to remain in Greece, which is in the grip of a financial crisis.
2015-08-22 10:39:46sentencessite
  • Several hundred migrants, mostly elderly and children, remained on the Greek side of the border when police restored order.
2015-08-21 20:56:52sentencessite
  • Greece ferried hundreds of refugees to its mainland on Friday to relieve the pressure on outlying islands that have been overwhelmed by thousands of people arriving by boat to flee Syria's civil war.
  • Just under 2,200 refugees arrived at the port city of Piraeus on Friday night on a car ferry chartered by the Greek government.
  • The crisis has exposed massive shortages in Greece's available facilities, but also striking discord within the European Union on how to handle the humanitarian crisis.
2015-08-21 19:05:29sentencessite
  • Migrants are covered with Mylar sheets after being rescued as they wait to be registered at the port office in Mytlilene, Lesbos, Greece, Friday, Aug. 21, 2015.
2015-08-21 18:11:57sentencessite
  • He noted that the bailout deal was signed with Greece, and not just the current government, meaning it should be implemented by whoever emerges victorious from the election.
2015-08-21 18:08:04sentencessite
  • Greek election looms as parties struggle to form government
2015-08-21 17:55:25sentencessite
  • GREECE BACK, TOO: Greece looks headed for another election on Sept.
2015-08-21 17:39:57sentencessite
  • UNHCR said in a statement that it is "particularly worried about the thousands of vulnerable refugees and migrants, especially women and children, now massed on the Greek side of the border amid deteriorating conditions."
2015-08-21 16:00:29sentencessite
  • Tsipras said he had no choice in order to keep Greece within the eurozone, which is what most Greeks want.
2015-08-21 15:56:42sentencessite
  • While the move creates some uncertainties for the country's fragile economy, it is unlikely to derail its new bailout program, the only thing keeping Greece solvent and within the euro.
2015-08-21 14:46:14sentencessite
  • AP PHOTOS: Police, migrants clash at Greece-Macedonia border
  • IDOMENI, Greece (AP) - Police clashed Friday with thousands of migrants stuck at the border between Greece and Macedonia, waiting to continue long journeys into European Union countries where they hope to seek asylum.
2015-08-21 14:30:09sentencessite
  • Investors are also worried about more turmoil in Greece after the resignation of its prime minister.
2015-08-21 14:26:48sentencessite
  • Fears Over China and Greece Push Down US Stocks for 2nd Day
2015-08-21 12:55:06sentencessite
  • Jeroen Dijsselbloem, the Dutchman who heads eurozone finance ministers meetings, said he hoped the elections would not slow down Greece's reforms.
  • Funds from Greece's new three-year, 86 billion euro ($95 billion) bailout are being disbursed in batches following reviews of the country's progress on implementing reforms.
  • Conservative New Democracy party head Evangelos Meimarakis, center, leaves the presidential Palace after a meeting with Greek President in Athens, Friday Aug. 21, 2015.
2015-08-21 11:42:00sentencessite
  • Greece's president gave the conservative opposition a chance to form a new government following Tsipras's resignation on Thursday, but the country appears almost certain to be heading for its third election in as many years next month.
2015-08-21 10:43:19sentencessite
  • Far left splits from Tsipras as Greece heads to elections
  • Tsipras resigned on Thursday, hoping to strengthen his hold on power in snap elections after seven months in office in which he fought Greece's creditors for a better bailout deal but had to cave in.
2015-08-21 09:13:53sentencessite
  • LONDON (AP) - The 19-country eurozone economy was resilient in the face of the recent crisis in Greece, which saw the country on the brink of a euro exit, a closely watched survey showed Friday.
2015-08-21 09:13:53sentencessite
  • Eurozone economy resilient in face of Greece, survey shows
2015-08-21 08:33:09sentencessite
  • Macedonian police special forces have fired stun grenades to disperse thousands of migrants stuck in a no-man s land at the border with Greece.
2015-08-21 08:27:15sentencessite
  • Sealing it disrupts the Balkan corridor for migrants who start in Turkey, take boats to Greece or walk to Bulgaria, then make their way through Macedonia or Serbia heading north to the EU.
2015-08-21 08:16:38sentencessite
  • At least eight people were injured in the melee, according to Greek police.
  • Police backed by armored vehicles spread coils of razor wire over rail tracks used by migrants to cross on foot from Greece to Macedonia.
2015-08-21 04:02:46sentencessite
  • The opposition is given little chance of uniting and forming a government, meaning that after five-plus years of a worsening financial crisis, Greece appears headed for its fifth national election in six years.
  • Greece's European creditors did not appear dismayed by Tsipras' move, which was widely expected.
2015-08-21 04:02:46sentencessite
  • Greece's Tsipras bets on early polls to boost reform mandate
  • The political uncertainty took its toll on Greece's stock market, with the Athens Stock Exchange closing 3.5 percent down on election speculation.
2015-08-21 01:05:34sentencessite
  • "It is crucial that Greece maintains its commitments to the euro zone," he said in a statement to Reuters.
2015-08-20 21:59:27sentencessite
  • Some analysts took the reports of early elections as an indication that Greece will struggle to implement the terms of its bailout.
2015-08-20 19:02:34sentencessite
  • In a televised address to the nation Thursday night, Tsipras defended his government's negotiating tactics and said Greece got the best deal possible for its 86 billion euro ($95 billion) bailout from other eurozone countries.
  • Tsipras had delayed a decision on whether to call new elections until after Greece received the first installment from the bailout and made a debt repayment to the European Central Bank, both of which it did Thursday.
2015-08-20 18:50:47sentencessite
  • Greece PM Alexis Tsipras resigns, calls for early elections
2015-08-20 17:44:00sentencessite
  • "The political mandate of the January 25 elections has exhausted its limits and now the Greek people have to have their say," Tsipras said.
2015-08-20 17:43:45sentencessite
  • Greek Prime Minister Tsipras Says He Is Resigning, Calling Early Elections
2015-08-20 14:47:14sentencessite
  • Macedonian police stepped up the security at the border with Greece apparently trying to stem recent surge of migrants who are coming from Greece.
2015-08-20 14:47:14sentencessite
  • A police helicopter flies over railroad tracks near the border between Greece and Macedonia, near the southern Macedonian town of Gevgelija, Thursday, Aug. 20, 2015.
2015-08-20 14:33:54sentencessite
  • GEVGELIJA, Macedonia -- Macedonia stepped up security on its border with Greece on Thursday, blocking thousands of migrants from entering and leaving them stranded on a dusty field.
  • The measure could create a huge backlog of migrants on the Greek side of the border from which some 2,000 illegally have crossed into Macedonia daily.
  • If the Macedonians seal the border, it would disrupt the so-called Balkan corridor for migrants that originates in Turkey and goes through Greece or Bulgaria to Macedonia and Serbia.
2015-08-20 14:25:21sentencessite
  • Macedonian police spokesman Ivo Kotevski said that both police and the army will from now control the 50-kilometer (30 mile) stretch of the border in order to stop "the massive" influx of migrants coming from Greece.
2015-08-20 14:20:08sentencessite
  • Thousands of migrants were stranded Thursday on no-man's land between Macedonia and Greece near the Macedonian town of Gevgelija, from where they planned to catch trains that would take them to the Serbian border on their way to EU-member Hungary.
2015-08-20 13:47:08sentencessite
  • Without the IMF's involvement, the European Commission - which has a responsibility to represent Greece along with other European Union countries - would be left to supervise Athens' implementation of its reform measures.
  • The big catch is that while the IMF wants Athens to get debt relief, Berlin strictly opposes cutting Greek debt.
  • At the outbreak of the euro zone crisis, Schaeuble initially opposed IMF involvement in bailing out Greece before Merkel overruled him.
2015-08-20 10:45:06sentencessite
  • Migrant in Greece says they begged for food, water, blankets
  • Syrian migrants wait in line to buy ferry tickets at the port in Mytlilene, Lesbos in Greece, Thursday, Aug. 20, 2015.
  • Migrant children watch a homeless kitten walking by as they rest while waiting to be registered at a police station at the southeastern island of Kos, Greece, early Thursday, Aug. 20, 2015.
2015-08-20 10:40:10sentencessite
  • The vast majority of migrants do not want to stay in Greece, a financially troubled country with unemployment at more than 26 percent.
  • The Greek government has appeared unprepared for the massive influx, with island authorities complaining they have been left understaffed and underfunded to deal with hundreds of new migrants arriving each day.
2015-08-20 06:53:58sentencessite
  • A ferry carrying about 2,500 migrants who had arrived clandestinely on Greek islands from the nearby Turkish coast has docked in Greece's main port of Piraeus near Athens.
2015-08-20 06:30:04sentencessite
  • Greece is receiving the first 13 billion-euro ($14.5 billion) payment of its new bailout, with 12 billion euros earmarked for repaying debts and the remainder for settling arrears to public sector suppliers.
2015-08-19 19:02:40sentencessite
  • European bailout fund supervisors on Wednesday approved the release of billions of euros to help rebuild Greece's devastated economy just as a new debt payment looms.
2015-08-19 18:24:13sentencessite
  • Greece Suspends Work at Canadian-Run Gold Mine
2015-08-19 16:06:27sentencessite
  • The ship, which had been scheduled to sail to the northern port of Thessaloniki, was expected to arrive instead in the Greek capital's port of Piraeus early Thursday, the coast guard said.
2015-08-19 14:48:45sentencessite
  • Greece resists efforts to renegotiate regional airports deal
  • ATHENS, Greece (AP) - The Greek government is resisting efforts by a state-controlled German company to renegotiate aspects of its concession to operate 14 prime Greek regional airports.
  • Greek government spokeswoman Olga Gerovassili said Wednesday that Athens wants the deal implemented as is and that Greece "cannot accept" efforts by the German firm to secure better terms.
2015-08-19 12:24:05sentencessite
  • Germany's parliament overwhelmingly approved a third bailout for Greece on Wednesday, removing a key hurdle to providing new loans to the country and keeping it from defaulting on its debts in as little as 24 hours.
2015-08-19 12:22:24sentencessite
  • The approval is among the last due from parliaments across Europe, with the Dutch scheduled to vote later Wednesday, after which Greece is expected to get the first installment of its new 86 billion euro ($95 billion) loans package.
  • In the Netherlands, lawmakers interrupted their summer recess to debate the Dutch government's support for the Greek bailout.
2015-08-19 12:10:32sentencessite
  • "But in view of the fact that the Greek Parliament has already passed a large part of the measures, it would be irresponsible not to use the opportunity now for a new start in Greece."
2015-08-19 10:50:05sentencessite
  • Schaeuble conceded that voting in favor of the bailout wasn't an easy one for him, but that "it would be irresponsible to not use the chance for a new beginning in Greece" in light of the fact that the Greek parliament has already backed a large chunk of reform measures demanded by creditors.
2015-08-19 10:20:07sentencessite
  • The ferry Eleftherios Venizelos with Syrian migrants on board leaves the southeastern island of Kos, Greece, Wednesday, Aug. 19, 2015, to travel to Thessaloniki.
2015-08-18 20:32:06sentencessite
  • Greece uses ferry to ease migrant buildup on Aegean islands
  • The Greek Merchant Marine Ministry said Tuesday the Eleftherios Venizelos is expected to leave Kos by Wednesday morning to travel to Thessaloniki.
2015-08-18 20:32:06sentencessite
  • Greek authorities say they are planning to use a ferry currently docked at the island of Kos to transport up to 2,500 migrants to a northern port.
2015-08-18 17:00:11sentencessite
  • Tsipras was meeting with members of his financial team Tuesday, but the government has said any announcements on political developments will be made after Thursday, when Greece must repay a debt for which it needs new loans.
  • Greece has agreed to sell to a German company the rights to operate 14 regional airports, in a wave of privatizations the government had until recently opposed but needs to make to qualify for bailout loans.
  • People wait to cross the street as an elderly woman begs for alms in the northern port city of Thessaloniki, Greece, on Tuesday, Aug. 18, 2015.
2015-08-18 15:55:15sentencessite
  • Spanish lawmakers overwhelmingly approve 3rd Greek bailout, country to supply about 10B euros
  • Members of the nation's lower house of parliament voted 297-20 in support of the third Greek bailout already backed by the administration of Prime Minister Mariano Rajoy.
2015-08-18 13:50:08sentencessite
  • Greece sells to German firm rights to run 14 airports
  • Greece has agreed to sell to a German company the rights to operate 14 regional airports.
2015-08-18 13:45:02sentencessite
  • U.N. urges Greece to take charge of refugee crisis
  • GENEVA Greece must show "much more leadership" to tackle an escalating crisis in which 160,000 refugees and migrants have reached its shores so far this year, the United Nations said on Tuesday.
  • Clashes erupted last week on the overwhelmed Greek island of Kos between desperate people, mainly fleeing conflicts in Syria, Afghanistan and Iraq, who come on small boats from nearby Turkey only to find dire conditions.
2015-08-18 10:04:12sentencessite
  • It is unclear how many people may have died between Bodrum and the Greek island of Kos, which is only four kilometers (2.5 miles) from Turkey at its closest point, making it one of the shortest routes across the Aegean.
  • Medicine Without Borders' members try to help a migrant boy rescued with others from their dinghy in their attempt to cross the sea from Turkey, at the southeastern island of Kos, Greece, Tuesday, Aug. 18, 2015.
2015-08-18 09:40:18sentencessite
  • ATHENS, Greece - The Greek government has relaxed slightly its restrictions on banking transactions, allowing small amounts to be sent abroad for the first time in about two months.
2015-08-18 07:54:00sentencessite
  • Five people have drowned off the Turkish coast as they tried to reach the Greek islands.
2015-08-18 07:45:19sentencessite
  • German Red Cross to distribute aid to migrants in Greece
2015-08-18 07:15:20sentencessite
  • 5 migrants trying to reach Greece drown off Turkish coast
2015-08-17 19:21:01sentencessite
  • Thousands of Syrian migrants on the Greek island of Kos on Sunday began boarding a ship that is to house and process them, in a bid to ease chaotic conditions onshore.
2015-08-17 15:33:30sentencessite
  • Merkel looks to shore up German support for Greek bailout
  • To counter that, Merkel's government has been talking tough on the new rescue package, insisting Greece will be supervised closely and that there will be no write-off - or "haircut" - on the loans the country owes Germany.
  • Merkel's spokesman, Steffen Seibert, said Monday that while there is room to negotiate with Greece on how it deals with its massive debt, "from the German perspective, it's a success that there's no more talk of a (debt) haircut."
  • On Sunday, Merkel said that although there is no certainty the latest bailout for Greece will succeed, she is hopeful the country can overcome its economic crisis if it sticks to the agreements forged with its creditors.
2015-08-17 15:33:30sentencessite
  • So far, Merkel's popularity rating has kept up, thanks in part to her hard stance during the bailout talks that forced Greek Prime Minister Alexis Tsipras to back down in his demands for easier terms.
2015-08-17 12:42:34sentencessite
  • Although no opinion polls have been published since the end of last week when Greece's third bailout was finalized, previous polls showed his party enjoying a wide lead over opposition parties.
2015-08-17 10:20:57sentencessite
  • Greek government seen calling confidence vote
2015-08-17 09:33:32sentencessite
  • World stocks mostly higher on steady yuan, Greek progress
2015-08-17 08:20:14sentencessite
  • More than 130,000 migrants have reached Greece so far in 2015, straining the country's resources.
2015-08-17 07:56:48sentencessite
  • A migrant with his child makes his way to board a fire brigade bus to be transferred from a park to an organized camp which has been set up by the Greek state a few miles from the centre of Athens, Sunday, Aug. 16, 2015.
2015-08-17 06:43:21sentencessite
  • Greek authorities said Sunday they have started resettling migrants living in tents in a park in the capital Athens - but many were wary and had moved out ahead of the operation.
  • The settlement is far from other residences, but some feared that locals in Votanikos would object to the migrants in their midst, and the Greek media have played up the "locals protest" angle.
2015-08-17 06:30:20sentencessite
  • HONG KONG (AP) " World stock markets were mostly higher Monday as the yuan steadied and Greece inched closer to receiving its latest bailout.
  • GREEK CRISIS: European finance ministers on Friday approved the first 26 billion euros ($29 billion) that Greece needs to rebuild its economy.
2015-08-15 19:14:13sentencessite
  • Migrants on a small dinghy force off another, right, that tried to clamber into, as they start their journey from the coastal town of Bodrum, Turkey, in order to cross to the nearby Greek island of Kos, early Saturday, Aug. 15, 2015.
2015-08-15 19:14:13sentencessite
  • The International Organization for Migration said the number of migrants and asylum-seekers who have crossed the Mediterranean to Europe this year will pass the quarter-million mark by the end of the month, more than half of them arriving in Greece.
2015-08-15 10:00:44sentencessite
  • At a similar vote in July, 60 members of Merkel's 311-member conservative bloc voted against further bailout negotiations to prevent Greece from defaulting on its debts.
2015-08-15 09:56:16sentencessite
  • BERLIN (AP) - German lawmakers will hold a special session Wednesday morning to decide on a new bailout package for Greece.
  • German Chancellor Angela Merkel's coalition is expected to win the necessary backing for the third Greek bailout to proceed, despite dozens of opponents of the deal in her own party's ranks.
2015-08-15 08:01:08sentencessite
  • Migrants and refugees gather at a makeshift migrant detention center at Kos' abandoned football stadium after crossing from Turkey, at the southeastern island of Kos, Greece, Friday, Aug. 14, 2015.
  • Migrants from the coastal town of Bodrum, Turkey, disembark their boat after it started to sink as they attempted to make their way to the Greek island of Kos, on Saturday, Aug. 15, 2015.
2015-08-15 08:00:18sentencessite
  • Financially struggling Greece has reported 134,988 arrivals from Turkey this year, it said, while Italy recorded 93,540 newcomers through July.
2015-08-15 07:55:22sentencessite
  • Migrants from Turkey flood into Greece; scuffles on boat
  • It was not immediately clear if Greek authorities were once again intercepting migrants at sea.
2015-08-15 00:10:39sentencessite
  • Euro ministers give blessing to Greek bailout, wooing IMF on debt
  • Greek Finance Minister Euclid Tsakalotos listens his French counterpart Michel Sapin (R) during a euro zone finance ministers meeting in Brussels, Belgium, August 14, 2015.
  • Officials said the Fund needed more assurances and detail on Greek reforms, notably to pensions, and steps to persuade it that Greece's debt burden was sustainable.
  • Lagarde said in a statement that Europe would need to provide "significant" debt relief as a complement to reforms Athens is trying to put Greece's finances on a sustainable path.
2015-08-14 23:02:28sentencessite
  • Tsipras has maintained his public popularity in Greece despite his U-turn on austerity policies, and consistently leads opposition parties in opinion polls.
2015-08-14 22:55:16sentencessite
  • In all, euro zone governments will lend 26 billion euros in a first tranche of the bailout before reviewing Greece's compliance with their conditions in October.
  • "After the changes in the government and the crises that we had, the cooperation with let's say the changed Greek government is very constructive, very well organized," Jeroen Dijsselbloem, the Dutch minister who chaired the meeting, told reporters.
  • Led by Germany, euro zone governments have ruled out taking a "haircut" to reduce the nominal principle of Greece's debts to them.
  • That could mean further uncertainty in Greece and in a wider euro zone economy which data on Friday showed still struggling to meet even modest growth expectations.
2015-08-14 21:27:06sentencessite
  • Greece's most influential creditor and perhaps its harshest critic welcomed the agreement as "a good result."
  • The bailout bill passed through the Greek parliament thanks to support from opposition parties, with 222 votes in favor, 64 against, 11 abstentions and three absent in the 300-member parliament.
2015-08-14 20:44:15sentencessite
  • Ten billion euros will be available to recapitalize Greece banks, while a second slice of 16 billion euros will be paid in installments, starting with 13 billion euros by Aug. 20 when Greece must make a new debt payment to the European Central Bank.
  • The final rescue package would eventually give Greece up to 86 billion euros ($93 billion) in loans over three years in exchange for harsh spending cuts and tax hikes.
  • The approval came after Greece's parliament passed a slew of painful reforms and spending cuts after a marathon overnight session that divided the governing party, raising the specter of early elections.
2015-08-14 20:32:47sentencessite
  • Tsipras has long argued Greece cannot repay all its debts and demanded a partial write-off.
2015-08-14 20:21:00sentencessite
  • "The message of today's (meeting) is loud and clear: on this basis, Greece is and will irreversibly remain a member of the euro area," he said.
2015-08-14 20:10:00sentencessite
  • The move saves Greece from a disorderly default on its debts which could have come as soon as next week and helps to cement its membership of Europe's single currency, but means more hardship for ordinary Greeks.
2015-08-14 19:29:46sentencessite
  • Greece's Euro Partners Approve Billions in New Loans to Help Rebuild Its Shattered Economy
2015-08-14 17:59:11sentencessite
  • Many euro zone governments have ruled out any "haircut" on the nominal amount of debt - something against current euro zone rules - and have questioned the IMF assessment of how much relief Greece needs, saying it is too pessimistic.
2015-08-14 15:40:46sentencessite
  • Tsipras remains hugely popular in Greece for standing up to Germany's insistence on austerity before capitulating under the threat of a euro zone exit.
2015-08-14 14:41:07sentencessite
  • A Greek flag flutters next to visitors overlooking the city from the Acropolis hill in Athens, Greece, Friday, Aug. 14, 2015.
2015-08-14 12:33:48sentencessite
  • "However, it appears to be unavoidable if Greece is to have a government capable of implementing the agreement."
2015-08-14 12:29:58sentencessite
  • If Greece defaults on this debt, the ECB is likely to halt emergency funding for Greece's crippled banks.
2015-08-14 11:52:02sentencessite
  • The IMF made clear it would participate in the programme only if Europe agreed to ease Greece's huge debt burden.
2015-08-14 09:52:35sentencessite
  • Greek lawmakers approved their country's draft third bailout in a parliamentary vote Friday that relied on opposition party support and saw the government coalition suffer significant dissent.
2015-08-14 08:43:00sentencessite
  • Greek lawmakers back 3rd bailout after all-night debate
2015-08-14 01:55:03sentencessite
  • It also opposes writing off any Greek debt, although it is open to the idea of extending grace periods before Athens has to start paying interest and principal on its bailout loans.
2015-08-14 01:55:03sentencessite
  • "The IMF ... will make an assessment of its participation in providing any additional financing to Greece once the steps on the authorities' program and debt relief have been taken," IMF Greece mission chief Delia Velculescu said in a statement.
2015-08-13 23:30:58sentencessite
  • Delia Velculescu, who led an IMF mission to participate in technical discussions between Greek authorities and the European Commission, issued a statement Thursday after the visit had ended.
2015-08-13 23:02:56sentencessite
  • The three had told Mr Tsipras they would "exert every required effort" to ensure the funding for Greece goes ahead, according to the Greek official.
2015-08-13 21:33:13sentencessite
  • Greek ruling party heads toward split before bailout vote
2015-08-13 16:16:08sentencessite
  • If needed, the loan would take care of Greece's Aug. 20 debt payment and buy more time for eurozone members to tweak the plan.
2015-08-13 16:12:36sentencessite
  • The Greek government defended its new bailout program in tumultuous parliamentary sessions Thursday, as it faced a rebellion in the governing Syriza party ahead of a vote on the deal.
2015-08-13 14:46:29sentencessite
  • Parliament, however, is expected to approve the bailout agreement by a comfortable margin since opposition parties have promised their backing for the government to ensure Greece does not return to financial chaos.
2015-08-13 12:11:10sentencessite
  • Greek Finance Minister Euclid Tsakalotos gives a speech at committee level in the Parliament ahead of a full assembly debate and vote, expected around midnight , in Athens, Thursday, Aug. 13, 2015.
2015-08-13 11:48:47sentencessite
  • Greece is Europe's main gateway for refugees and economic migrants, after the alternative route from Libya to Italy became too dangerous.
2015-08-13 10:06:08sentencessite
  • The terms of the bailout were agreed earlier in the week with representatives of Greece's creditors and come after months of acrimonious wrangling and failed negotiations that have cost the Greek economy dearly.
  • After the Greek vote, the bailout deal will also need approval from several other eurozone parliaments, including Germany's, before any funds can be disbursed.
  • Greece is trying to rush the approval of the deal so that it can get rescue funds in time to make a debt repayment in a week.
  • Greece has long said its mountainous debt of 180 percent of GDP cannot reasonably be repaid and that it needs some form of debt restructuring.
2015-08-13 09:48:18sentencessite
  • Spahn told Deutschlandfunk radio that the Greek government clearly recognises its country must change if it wants to remain in the eurozone - "a lot has been achieved".
  • Mr Spahn stressed the importance to Germany of getting a clear signal from the IMF that it will remain a part of the bailout programme and said there still needs to be discussion about details of a planned privatisation fund that will sell off Greek state-owned property.
2015-08-13 08:21:06sentencessite
  • His radical left Syriza party won January elections on promises of repealing similar austerity imposed in return for Greece's previous bailouts.
2015-08-13 08:16:58sentencessite
  • Once passed by Greek parliament, the deal will need to be signed off by the 19 eurozone finance ministers, known as the Eurogroup, who are set to meet on Friday afternoon.
2015-08-13 07:30:21sentencessite
  • Germany, who was the largest single contributor to Greece's two previous bailouts, has been the country's harshest critic and has so far maintained a cautious stance regarding the new bailout agreement.
2015-08-13 07:00:31sentencessite
  • Greek police on Kos race to ease number of stuck refugees
2015-08-12 20:51:15sentencessite
  • Refugees locked inside Greek football stadium
2015-08-12 17:49:00sentencessite
  • Municipal officials weren't available to comment Wednesday but have long been lobbying for the refugees to be taken to mainland Greece.
  • Across the road, an elderly Greek couple handed out food to refugees perched on the wall.
  • As conditions worsen, Greece promises ship to house refugees
  • Nearly 130,000 people have arrived since January on Greece's eastern Aegean islands from nearby Turkey - a 750 percent increase over last year.
  • Unlike during past immigration crises in Greece since the early 1990s, this time the refugees don't want to stay.
  • Their ultimate destinations are wealthy countries such as Germany and the Netherlands, and all they seek from Greece are temporary travel papers to continue their trek through the Balkans and Central Europe.
2015-08-12 17:32:22sentencessite
  • Migrants walk along a beach on the Greek southeastern island of Kos, Wednesday, Aug. 12, 2015.
  • A migrant is helped out of a dinghy after crossing from Turkey to the southeastern Greek island of Kos, Wednesday, Aug. 12, 2015.
2015-08-12 11:36:04sentencessite
  • Greek bailout details ironed out as bill goes to parliament
2015-08-12 11:11:07sentencessite
  • Once Greece's parliament ratifies the bill, the deal needs the approval of the other 18 eurozone nations' finance ministers, who are to discuss the issue Friday.
2015-08-12 09:44:48sentencessite
  • Dozens of people from the Middle East are arriving on the Greek holiday island of Kos from nearby Turkey, joining thousands of refugees camped under wretched conditions.
2015-08-11 18:47:59sentencessite
  • Hundreds of migrants gather for a registration procedure at the stadium of Kos town, on the southeastern island of Kos, Greece, Tuesday, Aug. 11, 2015.
2015-08-11 16:50:54sentencessite
  • A man reads a newspaper outside a shop in in the northern Greek port city of Thessaloniki, Tuesday, Aug. 11, 2015.
2015-08-11 14:52:44sentencessite
  • Syrian refugees push to get registered on the Greek island of Kos.
  • "This situation on the island is out of control," he told Greek TV.
  • The United Nations refugee agency called conditions for migrants on the Greek islands "shameful".
2015-08-11 11:54:46sentencessite
  • Greece has agreed to achieving so-called primary surpluses of 1.75 percent in 2017 and 3.5 percent in 2018, the government said in an emailed note.
2015-08-11 11:54:46sentencessite
  • Greece agrees on broad terms of new bailout package
  • A draft of the agreement cited by the Greek daily Kathimerini said the deal included a package of more than 30 measures that would have to be voted on in Greece's Parliament immediately, followed by a second package of measures to be adopted from October onwards.
2015-08-11 09:55:12sentencessite
  • In all, Greek police said Monday that 156,726 migrants had been arrested for entering or remaining in the country illegally from January through July 2015, compared to 32,070 for the same months in 2014.
2015-08-11 09:51:00sentencessite
  • Greece's coast guard said it had rescued 329 migrants in seven separate search and rescue incidents off the coast of Lesbos and Kos in the 24 hours from Monday morning.
2015-08-11 08:28:47sentencessite
  • Fights among migrants break out on Greek island of Kos
  • The European Union is granting 2.4 billion euros/$2.6 billion to EU nations to upgrade their migration programs with the biggest sums going to Greece and Italy where thousands of refugees have arrived this year.
  • Fights broke out among migrants on the Greek island of Kos Tuesday, where overwhelmed authorities are struggling to contain increasing numbers of people arriving clandestinely on rubber dinghies from the nearby Turkish shore.
  • Hundreds of people arrive on Greece's eastern Aegean islands daily, many after fleeing conflict in Syria and Afghanistan.
  • Greece has been overwhelmed by the number of migrants arriving, with at least 124,000 people reaching the eastern islands in the first seven months of this year alone.
2015-08-11 07:27:42sentencessite
  • Figures next week are set to confirm that Greece's recession deepened in the second quarter as concerns over the country's Euro future dented confidence, it has been reported.
2015-08-11 07:27:07sentencessite
  • Greek finance minister Euclid Tsakalotos sounded upbeat about the prospects of an imminent deal that would prevent the country's default later this month and secure its future in the euro.
2015-08-11 07:21:26sentencessite
  • Greece has relied on international bailouts worth a total 240 billion euros ($263 billion) since it lost market confidence and was unable to borrow from anyone else in 2010.
2015-08-11 06:51:30sentencessite
  • Greece has essentially concluded its bailout talks with its creditors, with just a few details remaining for the deal to be formally clinched, Greek officials said Tuesday, Aug. 11.
2015-08-11 06:15:19sentencessite
  • Greece closes in on bailout deal possibly within the day
2015-08-11 06:15:19sentencessite
  • "I think we are very close," Greek Finance Minister Euclid Tsakalotos said as he emerged Tuesday morning from all-night talks with negotiators representing Greece's creditors at a central Athens hotel.
2015-08-11 05:57:29sentencessite
  • The pact is expected to be worth up to 86 billion euros ($94.75 billion) in fresh loans for debt-ridden Greece, but there was no immediate confirmation of its size.
2015-08-11 05:38:37sentencessite
  • An agreement would close a painful chapter of aid talks for Greece, which fought against austerity terms demanded by creditors for much of the year before relenting under the threat of being bounced out of the euro zone.
2015-08-11 04:18:50sentencessite
  • After lengthy negotiations on Sunday and Monday, Greek Finance Minister Euclid Tsakalotos said talks were going "quite well" and was optimistic that an agreement will be reached soon.
  • Officials also said the two sides had yet to agree on setting up a sovereign wealth fund in Greece designed to raise 50 billion euros from privatizations, three-quarters of which would be used to recapitalize banks and to decrease the debt.
2015-08-10 20:38:31sentencessite
  • A police officer tries to hold migrants behind a fence as they wait to register on the Greek island of Kos.
  • KOS, Greece - Greece's coast guard rescued more than 1,400 migrants near several Greek islands in the eastern Aegean Sea over the past three days as the pace of new arrivals increases, authorities said Monday.
2015-08-10 18:10:30sentencessite
  • Greece and lenders in final push to seal new bailout
2015-08-10 18:10:30sentencessite
  • Greek officials have said they expect the bailout accord to be approved by Greece's parliament on Wednesday or Thursday and then be vetted by the finance ministers of the euro zone on Aug. 14, paving the way for aid disbursements.
2015-08-10 18:10:30sentencessite
  • Germany set out "strict" conditions for further aid and said it would be sensible to link the size of the first tranche to Greece's progress in carrying out reforms, a reflection of worry around the euro zone that Athens might not do as promised.
  • Germany's Handelsblatt newspaper reported that the IMF believes Greece needs a bigger bailout worth 90 billion euros.
  • Greek banks could get an initial capital injection soon after a bailout deal is clinched, as much as 10 billion euros, even before the ECB completes a stress test, a euro zone official said on Monday.
2015-08-10 17:05:00sentencessite
  • Greek ministers and representatives of European institutions and the International Monetary Fund resumed talks on Monday after a marathon Sunday session that ended in the predawn hours.
2015-08-10 13:58:22sentencessite
  • Tens of thousands of people, many of them fleeing conflict in Syria and Afghanistan, have been making their way from the Turkish coast to nearby Greek islands in inflatable dinghies, overwhelming cash-strapped and understaffed authorities on the islands.
  • The vast majority then head to mainland Greece and from there, try to reach more prosperous European Union countries by either walking across the Balkans from northern Greece, or sneaking onto Italy-bound ferries from the west.
2015-08-07 23:44:33sentencessite
  • A senior Greek official said the two sides' assessments of the macroeconomic outlook and primary budget balance targets were very close and unlikely to be an obstacle to a deal.
  • Greece would be expected to enact another package of reform legislation before Aug. 20, in parallel with national ratification procedures to receive a first aid payment in time to meet the ECB payment.
2015-08-07 13:33:06sentencessite
  • The European Union appealed Friday to its member countries to live up to pledges to provide planes and other assets so that its border agency can cope with a migrant influx into Greece and Hungary.
  • Many countries had pledged assets for short-term use, but Bertaud said more planes and "technical assistance" like personnel and patrol cars are needed for Greece and Hungary.
2015-08-07 11:40:09sentencessite
  • EU appeals to nations to live up to asset pledges for migrant operations in Greece, Hungary
2015-08-07 11:19:25sentencessite
  • Greece would not get a free ticket to new aid, the coalition politician added.
  • That appeared to reflect Finance Minister Wolfgang Schaeuble's scepticism about whether Greece is fit to remain a member of the 19-nation European monetary union.
  • Greece has said it doesn't want more bridge finance, and non-euro EU countries such as Britain and the Czech Republic are not keen to add to last month's loan from the European Financial Stability Mechanism.
2015-08-06 16:57:06sentencessite
  • It was the latest in a string of gloomy figures this week, which reflected the damage wrought by the government's forced decision to close Greek banks at the end of June, to stop depositors emptying their accounts.
2015-08-06 16:51:08sentencessite
  • Greece's Prime minister Alexis Tsipras takes his seat to attend a gathering at the Agriculture ministry in Athens, Greece, on Wednesday, Aug. 5, 2015.
  • A European Commission spokeswoman, Mina Andreeva, said the lenders are hoping to finalize the 85-billion euro ($92.5 billion) agreement in time for a major Greek debt repayment in two weeks.
2015-08-06 11:56:25sentencessite
  • BRUSSELS Talks with Greece on a third bailout are moving ahead in a satisfactory way and reaching an agreement is possible before August 20, the European Commission said on Thursday.
2015-08-05 13:44:18sentencessite
  • "Despite the difficulties we are facing we hope this agreement can end uncertainty on the future of Greece."
2015-08-04 04:11:19sentencessite
  • Rebooting Greece: how to get its economy going again
  • After so much pain, Greece must now figure out how to get its economy back on its feet.
  • The advice to Greece from economists is simple: focus on the basics.
  • Political instability, a hallmark of Greece's crisis, is highly toxic for investors, who need to know that the rules for business won't change unexpectedly.
  • The limits are costing Greece an estimated 1.75 billion euros to 2.8 billion euros ($1.9 billion to $3.1 billion) weekly.
  • Political parties, including Tsipras' Syriza, are in turmoil and there is speculation Greece will head into another general election in November.
  • Greece's current government offers a stark example of the risks.
2015-08-03 23:35:34sentencessite
  • ATHENS - Investors issued a vote of no confidence in Greece?s economy on Monday, dumping Greek stocks as trading on the Athens stock exchange resumed for the first time in five weeks.
  • A plunge of more than 16 percent for the main Greek index and a 30 percent sell-off for bank stocks were the latest signs of Greece?s shattered economy.
  • But the resumption of trading was a necessary step as Greece tries to emerge from controls on financial activity that the government, confronted with a bank run, imposed at the end of June.
2015-08-03 21:39:17sentencessite
  • Greek stock exchange re-opens after five weeks
2015-08-03 19:37:34sentencessite
  • He noted some traders are selling stock merely to raise cash because there is so little liquidity in the Greek economy.
2015-08-03 18:48:31sentencessite
  • Although manufacturing represents only a small proportion of Greece?s total productive output, the sheer magnitude of the downturn sends a worrying signal for the health of the economy as a whole.?
2015-08-03 15:43:32sentencessite
  • Employees of the Athens Stock Exchange look at stock prices which are on display on a ticker screen in Athens, Greece, Monday, Aug. 3, 2015.
  • Declan Costello, front, European Commission representative, arrives at the Labour ministry in Athens, Greece, on Monday, Aug. 3, 2015.
2015-08-03 14:34:32sentencessite
  • Greek stocks unofficially close 16 percent lower, banks plunge 30 percent
2015-08-03 14:29:00sentencessite
  • Greek banks then reopened on July 20.
2015-08-03 12:54:27sentencessite
  • Greek stock market reopens to a bloodbath
  • Financial information company Markit said its gauge of manufacturing activity in Greece plummeted during the month to 30.2 points, its lowest ever reading, despite improvements across the rest of the 19-country eurozone.
2015-08-03 12:29:55sentencessite
  • Markets in the rest of the world, however, were largely unaffected, a sign that investors outside Greece have now largely cut off ties with the country after years of crisis there.
  • Greece's stock market and banks were closed on June 29, when the government put limits on money withdrawals and transfers to keep a run on the banks from bringing down the financial system.
2015-08-03 11:30:45sentencessite
  • After five-week shut down, Greek stocks plummet
  • Banking shares, which make up about 20 percent of the Greece index, were particularly hard hit.
  • Greece's dismal economic prospects may also weigh on the market.
  • The European Commission says the Greek economy will shrink by 2 to 4 percent this year, a return to the recession that plagued the country for six years until 2014.
  • On Monday, a survey showed Greek manufacturing activity plunged to a record low as new orders plummeted and the three-week bank shutdown caused serious supply problems.
2015-08-03 10:00:43sentencessite
  • Greek bank stocks suffered the most, hitting or nearing the daily trading limit of a 30 percent loss.
2015-08-03 09:43:00sentencessite
  • Greece's main stock index plunged over 22% as it reopened Monday after a five-week closure, giving investors their first opportunity since June to react to the country's latest economic crisis.
2015-07-31 04:01:06sentencessite
  • They have openly voiced support for Greece to turn its back on the euro as its national currency.
2015-07-31 04:01:06sentencessite
  • Greek bailout talks to shift gear
2015-07-31 01:08:07sentencessite
  • Greece's Prime Minister Alexis Tsipras gives an interview to the radio station ''Sto Kokkino 1055'' in Athens, Wednesday, July 29, 2015.
2015-07-31 01:03:59sentencessite
  • The decision followed a dramatic 12-hour meeting by the 200-member central committee, during which party rebels appealed for Greece to return to its national currency, the drachma.
2015-07-28 20:26:30sentencessite
  • On the negotiations front, the Greek official said suggestions that Greece needed to pass further reform legislation before a bailout deal were not justified by the euro summit statement or subsequent exchanges.
2015-07-28 20:26:30sentencessite
  • When required, creditors' representatives had met with Greek officials at the Bank of Greece and the State General Accounting Office.
2015-07-28 16:00:48sentencessite
  • Greek officials were at pains to play down what they see as the humiliating and intrusive aspects of the talks - access to ministries, the right to examine accounts and question civil servants, and the visible presence of the negotiators in Athens.
  • When negotiations on further aid eventually began, they were moved to Brussels, with no access to Greek ministries.
2015-07-28 12:42:34sentencessite
  • EU/IMF mission chiefs to arrive in Greece for bailout talks on Wednesday
2015-07-28 12:35:10sentencessite
  • BRUSSELS - The European Union has moved to recognize halloumi, or hellim in Turkish, as a protected cheese from both sides of the Greek-Turkish divided island of Cyprus and lauds it as a symbolic step toward further reunification.
  • The island nation was forcibly divided in 1974 into a Greek Cypriot south and a Turkish Cypriot north.
2015-07-28 11:35:20sentencessite
  • Greece advances in loan talks, under fire for euro exit plan
2015-07-28 09:14:29sentencessite
  • Emissaries from Greece's international creditors are holding a second day of preparatory talks with Greek officials, ahead of higher-level negotiations later this week on the country's new multi-billion euro lifeline.
2015-07-28 09:10:05sentencessite
  • The aim is to thrash out the terms of the deal - worth about 85 billion euros ($94 billion) over three years - before Aug. 20, when Greece must make a debt payment that it cannot afford without new loans.
2015-07-27 12:19:18sentencessite
  • Without the money due from the expected three-year bailout totaling around 85 billion euros, Greece would be unable to make that payment - a development that would likely trigger fresh fears over the country's future in the euro.
2015-07-27 12:16:28sentencessite
  • "In truth, the question is not whether to restructure Greece's debt but rather how to do it so that it would be really useful for the country's economy," he said.
2015-07-27 10:55:03sentencessite
  • At its height eight years ago, George Kranitis' family-owned shipyard in Patra, Greece's third-largest city, employed some 35 people and sold around 340 boats annually.
  • "Greece is a yachting paradise, a place where everyone likes to have a small boat," said Greek Tourism Federation chief George Vernicos who also heads his own yacht business.
2015-07-27 10:30:26sentencessite
  • Stock markets in Europe have fallen amid fears that the delay means Greece's third bailout is already encountering difficulties.
2015-07-27 09:00:15sentencessite
  • BERLIN - Business confidence in Germany, Europe's biggest economy, has risen unexpectedly this month as worries over Greece have subsided, a closely watched survey showed Monday.
2015-07-26 18:48:07sentencessite
  • Greek PM Tsipras under pressure over covert Syriza drachma plan reports
2015-07-26 18:48:07sentencessite
  • The reports came at the end of a week of fevered speculation over what Syriza hardliners had in mind as an alternative to the tough bailout terms that Tsipras reluctantly accepted to keep Greece in the euro.
2015-07-26 18:39:59sentencessite
  • The deputy finance minister Dimitris Mardas denied the government had ever discussed plans to take Greece out of the euro.
2015-07-26 14:44:22sentencessite
  • Lafazanis, leader of a hardline faction in the ruling Syriza party that has argued for a return to the drachma, said the move would have allowed pensions and public sector wages to be paid if Greece were forced out of the euro.
  • The Kathimerini report said access to the Greek tax service's computer systems was under the control of inspectors from the "troika", the international creditors' group, and therefore inaccessible to the government.
2015-07-26 11:44:04sentencessite
  • The talks are expected to start next week after a few days' delay and must conclude before Greece faces another big repayment Aug. 20.
  • Greece and rescue lenders are still working out the format of upcoming talks, the labor minister said Sunday, confirming a delay in the negotiations for a third international bailout.