Greece acknowledged yesterday it was having trouble persuading its foreign lenders to accept a plan to save nearly €12bn over the next two years, essential to unlocking the aid payments the country needs in order to avoid bankruptcy.
Tue, 11 Sep, 2012
Greek Prime Minister Antonis Samaras today talked the junior partners in his fragile coalition government into dropping objections to new spending cuts demanded by the debt-crippled country’s bailout creditors, averting a crisis that could have eventually forced the country to abandon the euro.
Wed, 01 Aug, 2012
Greece moved to end its protracted political impasse yesterday, swearing in a new prime minister to lead a largely pro-bailout coalition tasked with saving the country's place in the eurozone and easing a European financial crisis with global repercussions.
Thu, 21 Jun, 2012