Wednesday, August 29, 2012

German lawmakers say "Grexit" not just economic risk


By Matthias Sobolewski
BERLIN | Mon Aug 27, 2012 1:01pm EDT
(Reuters) - Germany's raucous internal debate on whether to keep Greece in the euro zone is too narrowly focused on financial factors and should also weigh up the wider geopolitical risks of a "Grexit", senior officials in Chancellor Angela Merkel's party say.

Europe drawn back to its first problem: Greece


(Reuters) - The euro zone debt crisis was born in Greece. Nearly three years and two bailouts on, Europe must decide whether to give the country yet more help or cut it loose.

Friday, August 24, 2012

France, Germany Unify Approach to Greek Talks


By WILLIAM BOSTON
The Wall Street Journal

BERLIN—The leaders of Germany and France on Thursday agreed to speak to Greece with one voice in meetings with Greek Prime Minister Antonis Samaras this week, a German government official said.

Wednesday, August 22, 2012

Greece to Seek Further EUR2 Billion in Budget Cuts - Source



By Nektaria Stamouli
The Wall Street Journal
ATHENS--Greece is seeking to slash government spending more drastically than previously announced to compensate for tax revenue that will probably be lost to austerity economics, a finance ministry official said Tuesday.