Greek government-debt crisis

Greece’s notes fell, resuming a slide that pushed three-year yields up to the most since 2012 last week, as the nation began an election campaign that Prime Minister Antonis Samaras said will determine its euro membership.
German securities were little ch... ...

French President Francois Hollande said on Jan. 5 countries including Spain and Greece had paid a heavy price to stay in the euro and it was "up to the Greeks" to decide whether to now remain a part of the single currency.
   

French President Francois Hollande on Monday urged Greece to abide by its European commitments, as the spectre of a Greek exit from the eurozone rears its head again.

"The Greeks are free to choose their own destiny. But, having said that, there are certain engagements that have been made and all those must be of course respected,» Hollande told French radio.

By Leon Mangasarian

Greece?s political parties embarked on a flash campaign for elections in less than three weeks that Prime Minister Antonis Samaras said will determine the fate of the country?s membership in the euro currency area.

Greece's radical leftist SYRIZA party led the ruling conservatives by 3.1 percentage points in an opinion poll conducted after it became clear that a snap election would be called, the pollster Rass said on Saturday.

The last time I saw George Papandreou was here in Istanbul exactly two years ago. He had come to Turkey to be a guest speaker at the annual meeting of the Global Relations Forum (GRF) and delivered a speech in the offices of Rumvader, the association of Greek-Orthodox foundations, in the vicinity of Aghia Triada Church in Taksim.

The German government believes that a Greek exit from the eurozone will be manageable, should it prove necessary, according to news magazine Der Spiegel.

The German government believes that the euro zone would now be able to cope with a Greece exit if that proved to be necessary, Der Spiegel news magazine reported on Saturday, citing unnamed government sources.

Former Prime Minister George Papandreou launched his new party on Saturday, as current Deputy Prime Minister and PASOK leader Evangelos Venizelos insisted that his party would play a pivotal role in political developments after the January 25 elections.

Greece will auction six-month treasury bills on Wednesday to raise 1.25 billion euros, as part of its regular monthly issues, the Public Debt Management Agency (PDMA) said last Friday.

The settlement date for the auction will be this Friday. Only primary dealers will be allowed to participate and no commission will be paid.