Topic: Antonis Samaras

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Global News Blog Is a two-track Europe already here?

European leaders have long rejected the idea that the EU is developing into a region of haves and have-nots. But a look at the news today suggests it's happening just the same.
Greece starts firing civil servants for first time in a century

The Greek government began its first mass-firing of public-sector workers in more than 100 years this week, part of an effort to lay off 180,000 by 2015 under Europe-imposed austerity.
Staying afloat: Europe releases more money for Greece

After a 12-hour meeting lasting into the wee hours last night, Greece's creditors agreed to cut its debt and release more bailout funds, staving off yet another Greek bankruptcy.
Greece pushes through more austerity, awaits next bailout payment

The Greek Parliament narrowly pushed through the new, unpopular austerity measures, a key step for the release of more bailout funds from Europe.
Ahead of austerity cuts, Greek protests get violent

Athens descended into violence Wednesday when a few hundred protesters clashed with riot police ahead of a crucial parliamentary vote on new spending cuts.
Greeks strike over spending cuts before crucial austerity vote

The strike has brought public transport to a virtual standstill and shuttered schools, banks, and local government offices in Greece the day before Parliament votes on a new round of wage and pension cuts.
Why Angela Merkel may not be able to keep Greece in Europe (+video)

Chancellor Merkel, who faces elections next year, has tied her political fate to the survival of the common currency. But despite her efforts, Greece's economy continues to reel.
Athens vents anger at Angela Merkel's visit

Tens of thousands of demonstrators marched to protest the German chancellor's visit to Athens, where she met with Prime Minister Antonis Samaras to discuss further austerity measures.
Why did Greece give Merkel such a chilly reception? (+video)

Some 50,000 protesters turned out to greet Angela Merkel in Athens Tuesday, in the German chancellor's first visit to the fiscally beleaguered country in five years.
Austerity protests in Greece turn violent

Austerity protests as part of a general strike in Greece turned violent Wednesday as police clashed with protestors. The austerity protests have already closed schools and disrupted flights.
Merkel stands increasingly alone in opposing Greek eurozone exit

Germany's Chancellor Merkel is sticking to her position that Greece must stay – and that its exit could have unforeseen negative consequences. But the ranks of those who disagree are growing.
Germany says 'time is money,' and additonal funds for Greece aren't an option

Germany's economic minister said Greece needed to stick to their time table for bailout reforms. Greece has asked for 'time to breathe' before making budget cuts and economic reforms.
Bernanke: More room for Fed action. Market runs up.

Dow reverses early losses and climbs 100 points after a letter from Ben Bernanke surfaces. The letter says the Federal Reserve has room to take more action to strengthen the economy.
Samaras goes on charm offensive in bid to give Greece more time

German Chancellor Merkel remained cool to the Greek prime minister's pleas in Berlin for more time to implement economic reforms. Samaras travels to France Saturday.
Greek premier will meet with Merkel and Hollande in bailout extension talks

The Greek premier will be meeting with eurozone leaders this week to negotiate an extension to Greece's timetable for making financial reforms and retaining access to bailout funds.
Stock futures nudged higher by possible ECB deal

Stock futures in the US edged higher Tuesday morning on hopes that the European Central Bank will work out a deal to help Spain and Italy borrow at cheaper rates. Stock futures on the Dow rose 0.2 percent to 13,255.
Greece names new finance minister

Yannis Stournaras, a prominent economist who has been working on the country's efforts to join the euro, has been tabbed by the government to head up its finance ministry.
Stranger than fiction: Germany-Greece eurocrisis invades the soccer pitch

The political loggerheads between Germany and Greece have defined the European financial crisis. Now, the struggle hits the soccer field in Friday's Euro 2012 quarterfinal.
New Greek prime minister after month of uncertainty

Antonis Samaras is the fourth prime minister in eight months; he faces the daunting task of resolving Greece's economic woes.
Greeks get a government, but Europe needs confidence

The G-20 ended with growing global pressure on German chancellor Angela Merkel to work toward a long-term solution for Europe's sinking economies.
Greece may form coalition government as soon as Wednesday

The New Democracy party, which came in first in the election, will likely ally with the socialist party PASOK to form a government.
Second day of power-sharing talks begin in Greece (+video)

At the core of any administration will be Antonis Samaras' New Democracy party, which came first in Sunday's vote and won 129 of Parliament's 300 seats — but not enough to govern alone.
Greece vote tempers threat of eurozone departure (+video)

Greece's New Democracy party, which favors meeting European Union bailout demands, won the largest percentage of votes and is preparing to form a coalition.
US stocks down early as Europe takes center stage

US stocks slipped Monday as the markets remained focused on the news in Europe. US stocks futures on the Dow fell 65 points to 12645 as optimism over Greek elections failed to dim worries over the eurozone's continuing debt issues.
Caretaker government for Greece until June elections

Panagiotis Pikramenos, a senior judge, will lead an interim government of 16 until elections are held.