(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.
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Europe slowdown adds more tension to Greek drama
Posted by cagan 1 day 16 hours ago (http://www.reuters.com)
Memo From Frankfurt: Risk of Greek Euro Exit Has Europe Making Plans
Posted by cagan 1 day 16 hours ago (http://www.nytimes.com)
The debate about Greece’s exit from the euro zone is moving from “if” to “how,” and secret contingency planning appears to have begun in case events spin out of control.
Greek burglars cash in as savers flee banks
Posted by melisa 1 day 16 hours ago (http://www.reuters.com)
ATHENS (Reuters) - Andreas and Emilia Karabalis, who are both 80, feared their bank in Greece would collapse, so they withdrew their 80,000 euros ($100,000) savings and stashed it at home for safety.
Greek Leftist Reaches Out, to Little Avail
Posted by cagan 3 days ago (http://www.nytimes.com)
Alexis Tsipras, Greece’s rising young political star, found himself shunned by top leaders in both France and Germany.
Greek Businesses Fear Switch From Euro Back to Drachma
Posted by cagan 3 days ago (http://www.nytimes.com)
The move would involve complex legal and financial steps and could set back the economy further, many say.
Largest Greek Banks to Receive Financing
Posted by kagan 3 days ago (http://www.nytimes.com)
Greece will bolster banks weakened by losses on their holdings of government debt and the flight of deposits from skittish account holders.
Greek Crisis Poses Hard Choices for Western Leaders
Posted by cagan 5 days ago (http://www.nytimes.com)
Although some European officials talk of “managing” a Greek exit from the euro, the political and financial costs, and risks of panic and contagion, would represent a fundamental challenge.
Alexis Tsipras, Greek Political Star, Puts Europe on Edge
Posted by cagan 7 days ago (http://www.nytimes.com)
The left-wing leader Alexis Tsipras, who pledges to repudiate Greece’s austerity-for-loans bailout deal, says the country’s problem is a European one, necessitating a European solution.
Greek winemakers see crisis as glass half-full
Posted by melisa 8 days ago (http://www.reuters.com)
NEW YORK (Reuters) - Greek winemakers are not pricing their wares in drachmas - yet.
News Analysis: A Greek Exit? Euro Zone May Be Ready
Posted by kagan 8 days ago (http://www.nytimes.com)
Years of foot-dragging and brinkmanship have prepared the currency union for life without Greece.
Greek Stimulus Is an Option, Merkel Says
Posted by kagan 9 days ago (http://www.nytimes.com)
Chancellor Angela Merkel of Germany said she would discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.
Greek President Expected to Name Caretaker Government
Posted by cagan 10 days ago (http://www.nytimes.com)
The decision by President Karolos Papoulias could set off a series of events that would lead Greece to abandon the euro.
Greek leftists reject proposal for technocrat government
Posted by cagan 11 days ago (http://news.yahoo.com)
ATHENS (Reuters) - Greece's president will ask politicians on Tuesday to stand aside and let a government of technocrats steer the nation away from bankruptcy, but leftists have already rejected the proposal and look set to force a new election they reckon they can win. Party leaders, deadlocked since a parliamentary vote nine days ago, will convene at the presidential palace at 2 p.m. (1100 GMT)
Greek Turmoil May Spur New Bargaining in Euro Zone
Posted by kagan 11 days ago (http://www.nytimes.com)
The latest turmoil could signify a new round of financial instability for Europe and beyond, but could also spark a new phase of bargaining between Greece and its European lenders.
Four Greek parties to take part in Monday talks: source
Posted by cagan 12 days ago (http://www.reuters.com)
ATHENS (Reuters) - Greece's president has invited the leaders of the country's three biggest parties plus a smaller, moderate leftist group to take part in talks to form a coalition government on Monday, a senior presidency official told Reuters.
Greek Coalition Talks Appear Near Collapse
Posted by cagan 12 days ago (http://www.nytimes.com)
The chances of Greek politicians’ forming a unity government all but evaporated on Sunday, but President Karolos Papoulias said he would keep trying.
Greek president makes last push to avert elections
Posted by cagan 13 days ago (http://www.reuters.com)
ATHENS (Reuters) - Greece's president will meet party leaders on Sunday in a final bid to cobble together a coalition and avert a repeat election, but the veteran politician's effort looked set to fail because of deep splits over an EU/IMF rescue plan.
Greek Socialist fails to form government, vote beckons
Posted by cagan 14 days ago (http://news.yahoo.com)
ATHENS (Reuters) - Greek Socialist leader Evangelos Venizelos on Saturday becomes the last political leader to throw in the towel after failing to cobble together a government, leaving the country's president with one final chance to avoid new elections. Greece's political landscape is in disarray after voters humiliated the only parties backing a rescue plan tied to spending cuts, leaving no blo
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