Greece

Cyprus to contact troika Monday for final round of bailout talks

NICOSIA - Cyprus plans to contact international lenders on Monday evening to invite them to the island for final talks on a comprehensive aid package for the Greece-exposed island, officials said.

Senior Merkel ally hints at more time for Greece

BERLIN - A senior member of German Chancellor Angela Merkel's party hinted on Monday that Greece could be given more time for certain structural reforms if its international lenders suggested this.

Investing Simplified, 11:32am EDT

Ukraine's economy nears post-election crunch time

MAKIYIVKA, Ukraine - Crumbling concrete pillars resemble ancient Greek temples, abandoned and overgrown, next to slag heaps that smell like piles of rotten eggs just a mile away from the center of the Ukrainian town of Makiyivka.

World, 8:19am EDT

Greek PM expels lawmaker over anti-austerity stance

ATHENS - Greek Prime Minister Antonis Samaras has expelled one of his deputies for threatening to vote against the latest package of austerity measures demanded by international lenders, the government said on Monday.

German Finance Ministry mulls debt buy-back for Greece-report

BERLIN - Germany's Finance Ministry is considering a debt buy-back as a possible way of reducing Greece's huge debt pile which threatens to rise well above a target level of 120 percent of GDP by 2020, according to German news magazine Spiegel.

Merkel's toughest political ally turns milder on Greece

MUNICH - German Chancellor Angela Merkel appears to have convinced the toughest audience in her political camp that Greece should be given the benefit of the doubt, and possibly more time to meet its painful savings targets.

Greek PM says sure will get aid before cash runs out November 16

BRUSSELS - Debt-laden Greece expects to get the bailout money it needs before its cash runs out in the middle of next month, the prime minister said on Friday.

World, 19 Oct 2012

Greek poll shows boost for anti-bailout leftists

ATHENS - Greece's main opposition Syriza and the far-right Golden Dawn parties are surging in popularity among voters angry at a new wave of wage and pension cuts demanded by foreign lenders, a poll showed on Friday.

Clashes erupt at Greek anti-austerity protests

ATHENS - Greek police clashed with anti-austerity protesters hurling stones and petrol bombs on the day of a general strike that brought much of the near-bankrupt country to a standstill.

Council of Europe says some Greek labor reforms illegal

STRASBOURG, France - Reforms to Greek labor law aimed at cutting costs for the country's recession-hit employers were illegal because they violated workers' rights, a committee at the Council of Europe ruled on Friday in a non-binding judgment.

World, 18 Oct 2012