Withdrawal from the European Union
Britain's opposition Labour Party backs Cameron's EU referendum plan
Britain's opposition Labour Party will back Prime Minister David Cameron's plans to hold a referendum on the country's European Union membership by the end of 2017, its acting leader said on May 24.
Media reports: ‘Juncker compromise’ aims to break deadlock in Athens, creditors talks
EU Commission president Jean-Claude Juncker has reportedly drafted a compromise deal to break a deadlock between institutional lenders and the increasingly bewildered radical leftist government in Athens, although the latter indirectly replied on Monday that it was unaware of such an initiative.
Political energy wasted on small stuff
The gov?t had better act fast and deliver the kind of structural reforms that will make the difference
By Dimitris Kontogiannis
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EC says 0.5% Greek growth in 2015 and debt at 180.2%
Brussels warned on Tuesday that if Athens continues on the current course there will be no growth in the coming year and a return to soaring national debt levels after slashing forecasts for Greece. The European Commission’s forecasts, based on the status of bailout talks two weeks ago, dependent on Athens reaching a deal to secure €7.2bn benchmarked for the country in bailout financing by Jun
Italy says no «Plan B» on Greece, need quick deal on bailout
Italian Economy Minister Pier Carlo Padoan added to calls on Greece to come up with proposals to open the way for a deal on fresh finance from international lenders, but said policy makers were not working on a scenario for Greece leaving the euro.
Barrel scrapping? Measure sequestering public entities' reserves passes
A majority of Parliament MPs late on Friday approved the leftist government's urgently tabled legislative act ordering roughly 1,500 state-run entities - local governments, universities etc. - to transfer their cash reserves to the Bank of Greece - a decision linked directly to dwindling money in state coffers.
Fairfax optimistic Greece and eurozone will reach deal
Fairfax Financial Holdings, which bet on the success of a Greek turnaround last year, said on Thursday it is confident that Greece will reach a deal with its counterparts in the eurozone and remain a part of the currency bloc.
Govt? sources point to 4 areas of disagreement with EZ creditors
With an agreement between cash-strapped Athens and EZ creditors still pending, the radical leftist Greek government on Friday ? via the unofficial route ? pointed to four areas where differences remain: pension reform, labor relations, a hike in VAT rates and "exploitation" of public assets.
US Treasury Secretary urges Greece to reach deal with creditors to avoid euro exit
Kasia Klimasinska & Peter Cook
U.S. Treasury Secretary Jacob J. Lew urged Greece and its international creditors to reach an agreement on steps that need to be taken to avoid the nation?s exit from the euro and any resulting crisis.
FT: SYRIZA govt considering ? default in case of no deal
FT weighed into the "Greek issue" on Monday with "do-or-die" scenario it says the leftist Greek government is considering this month if it doesn't achieve a loan agreement with EZ creditors to unblock more than seven billion euros in bailout loans.