Greek government-debt crisis

Greece may get debt extension, Rehn says in urging unity

By Jonathan Stearns

Greece is unlikely to win any writedown on debt owed to the euro area and should instead focus on possible relief in the form of longer repayment periods, said Olli Rehn, who helped avert a Greek exit from the European single currency at the height of the financial crisis.

Spanish PM backs Samaras, stresses risk of anti-austerity sirens

On a lightning visit to Athens on Wednesday, Spanish Prime Minister Mariano Rajoy expressed support for his Greek counterpart Antonis Samaras and defended the tough economic program the outgoing government has been pursuing under the supervision of foreign creditors, saying the reforms were ?necessary? and had ?produced results,? advising Greeks to ignore ?impossible? promises.

ND best bet for stability and reforms, former conservative PM says

Former conservative Prime Minister Costas Karamanlis on Wednesday said voting for New Democracy was the best bet to keep Greece stable and to ensure the continuation of reforms.

?The country needs more than ever political stability and far reaching reforms,? Karamanlis said in a rare statement.

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