Greek government-debt crisis

Greeks free to choose destiny but commitments remain, says Hollande

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.

George Papandreou bounces back

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.

Greece to auction 1.25 billion euros of T-bills

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.