Greek opposition party rejects new austerity plan

Greece’s main opposition leader bluntly refused Monday to back new austerity measures designed to tackle the crippling debt crisis, arguing they would only bring further recession, despite the European Union’s insistence for cross-party support. Top EU finance officials have argued that Greece, which is struggling to meet the terms of an international euro110 billion ($154 billion) bailout and could require more help, needs all... [more]

EU ministers wrangle over Greek debt

European governments wrangled over how best to keep Greece from defaulting on its mountain of debt, with one of them acknowledging for the first time that they had discussed a restructuring — a risky move to delay or cut debt repayments. Monday’s meeting was meant to focus on getting final approval for a euro78 billion ($110 billion) bailout for Portugal, but growing concern over Greece — and the arrest of Dominique Strauss-Kahn,... [more]

Dutch Majority: kick Greece out of eurozone

A majority of the Dutch (58 percent) want the government to stop giving financial aid to Greece and a slim majority (51 percent) want Greece expelled from the eurozone. Some 72 percent of those surveyed in a poll conducted by Maurice de Hond expect Greece will never be able to repay its debts. The view is particularly strong among voters of the Freedom Party (90 percent), which backs the government in parliament, and the opposition Socialist... [more]

Dutch FM threatens to block Greek loans

The Netherlands may decide to block payment of the next instalment of the loans that were earlier pledged to the Greek government. Finance Minister Jan Kees de Jager made his remarks after Friday’s cabinet meeting. “The ball is now in the Greek court, they must simply implement the IMF programme. If they don’t, then that’s the end. I don’t care whether there is political opposition in Greece or not, there is no more time for obstruction.” The... [more]

Stones thrown, tear gas fired at Athens march

Riot police made heavy use of tear gas and stun grenades to disperse youths throwing stones and petrol bombs at a large march through central Athens Wednesday to protest the Greek government’s harsh austerity measures. The clashes came during a 24-hour general strike that brought most public services to a halt, idled all trains and island ferries, grounded flights for four hours and disrupted public transport. The unions, like many... [more]

Greece on strike standstill as debt storm rages

Greece came to a standstill on Wednesday as a general strike took effect against new austerity measures by a government seeking to get a new package of help and avoid a damaging debt overhaul. The strike, the second this year called by the country’s main unions, paralysed maritime and intercity train traffic, shut down state services and temporarily halted flights through the country, respective operators said. A four-hour stoppage... [more]

Europe faces up to boomerang Greek debt chaos

Europe faced the spectre of Greek calls for new financial aid Saturday as Athens’ “catastrophic” finances returned to haunt stressed eurozone states. Greek Prime Minister George Papandreou urged “the EU in particular, to leave Greece in peace to do its job”, but Finance Minister George Papaconstantinou later warned that Athens may need more hard cash support. “We need to plan our next steps for 2012... [more]

Eurozone mulling easier recovery terms for Greece

Eurozone members are debating milder recovery terms for debt-hitGreece as it struggles to stick to a harsh austerity plan, Greek media said Saturday after emergency talks in Luxembourg. The reports said Finance Minister George Papaconstantinou had flown to a “secret” meeting among G20 eurozone states that debated giving Athens more time to repay a 110-billion-euro ($157 billion) EU-IMF loan and easier deficit reduction targets. The... [more]

Second Swedish woman reports ‘fake rape’ slur

Greek authorities were saying that Swedish women were out to cash in on fake rape claims as early as 2002. Another Swedish woman has come forward telling the story of how she was mistreated after reporting a rape on the island of Kos in 2002. Last week the case of ‘Anna’, who was told she was trying to cash in on a special Swedish ‘rape insurance’ after reporting a rape in 2008, kicked off a media storm in Sweden. The second woman,... [more]

Swedish women fake rape to claim payouts

A Swedish woman accused of trumping up rape accusations while on holiday in Greece exemplifies a persistant view in the Mediterranean country that Swedish women bring false rape complaints to get payouts from special ‘rape insurance’. In 2008, Swedish ‘Anna’ went on holiday to the Greek island of Samos. On her last night she claimed to have been brutally raped and beaten, according to Sweden’s TV4. After reporting... [more]

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