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Sat, Feb 11 2012
Greek PM Papandreou heads for Sarkozy, Obama meetings
George Papandreou.
Photo: Vasilis Filis
Greek prime minister George Papandreou is to meet French president Nicolas Sarkozy on March 7 2010 as Papandreou’s government continues its quest for support from key players to be able to get loans on favourable conditions.
In statements in Berlin on March 5, Papandreou and German chancellor Angela Merkel underlined that Greece was not seeking a bailout. "The question is not being discussed," Merkel said.
The stability of the eurozone was assured, according to Merkel.
Papandreou said that Merkel had offered the "moral support" that Greece wanted.
His government wants this support to encourage markets to extend loans at favourable conditions. Papandreou has said that Greece is determined to solve its problems on its own and if the European Union does not back its request for help in obtaining credit, Greece would go to the International Monetary Fund for help.
On March 4, a 10-year bond issue raised about five billion euro for Greece, but this is a small amount in the context of the country’s deficit and in the face of debt that will mature in April.
On March 9, Papandreou will be in Washington for talks with US president Barack Obama about Greece’s debt crisis.
Opinion polls show widespread rejection domestically of the newest round of austerity measures approved by Papandreou's government, and amid a nationwide strike on March 5, there was violence at some protests in Athens and Thessaloniki, media reports said.
In statements in Berlin on March 5, Papandreou and German chancellor Angela Merkel underlined that Greece was not seeking a bailout. "The question is not being discussed," Merkel said.
The stability of the eurozone was assured, according to Merkel.
Papandreou said that Merkel had offered the "moral support" that Greece wanted.
His government wants this support to encourage markets to extend loans at favourable conditions. Papandreou has said that Greece is determined to solve its problems on its own and if the European Union does not back its request for help in obtaining credit, Greece would go to the International Monetary Fund for help.
On March 4, a 10-year bond issue raised about five billion euro for Greece, but this is a small amount in the context of the country’s deficit and in the face of debt that will mature in April.
On March 9, Papandreou will be in Washington for talks with US president Barack Obama about Greece’s debt crisis.
Opinion polls show widespread rejection domestically of the newest round of austerity measures approved by Papandreou's government, and amid a nationwide strike on March 5, there was violence at some protests in Athens and Thessaloniki, media reports said.
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Eurozone finalising rescue package for Greece - reports
UK reports say that Athens will be given a bailout. Recent days have seen Greek PM Papandreou insist that Greece is not asking for money.
Greece grounded by third massive general strike
The third general strike is underway in Greece on March 11. Public services have shut down and air traffic controllers have sealed off national airspace.
We shall stand by you, US president Obama tells Greek PM Papandreou
Obama pledges friendship to debt-riddled Greece, and thanks Papandreou for his initiatives to extend security and stability in the region, including in Cyprus and Turkey
US supports Greece's austerity measures
After meeting with the Greek prime minister, US secretary of state Hillary Clinton praised Papandreou for his efforts to improve his nation's economy.
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The agreement outlined the next steps of the project and invited the assistance of the European Commission and international financial institutions in preparation of the project and related studies.
Bond and beyond: Greece faces crucial days
Encouraging words from ECB President Jean-Claude Trichet as Papandreou heads to meet Merkel in Berlin, seeking support for the economic recovery plan; but protests and strikes at home.
Bulgarian central bank governor says deposits in Greek banks are safe
A large amount of Greek savings have been directed to the Bulgarian economy through outflows from Greek banks to their Bulgarian subsidiaries and any implications otherwise are insulting to Greek fellow bankers, Iskrov said
Fallout in the Balkans?
South Eastern Europe anxiously watches the ripples from the Greek economic crisis
EU, IMF welcome Greece’s revamped recovery plan
In Bulgaria, the central bank and Greek banks say that there is no draining of Bulgarian banks by parent companies.
Greece's cabinet approves further austerity measures
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The Sofia Echo
Koinos Nous.
Why don't you take the same ride to the Moooooooon!
Enjoy the trip and the view of the Blue Planet Astronauts say it's breathtaking.
cheers!
This comment has been removed by the moderator because it contained off-topic content
This comment has been removed by the moderator because it contained foul, abusive or discriminating language
This comment has been removed by the moderator because it contained foul, abusive or discriminating language
Peco.
I wonder why you ask yourself all the time if you exist or not.
I think you carry an extistentialist or ontoligic complex get over it, you can be whoever you wish i.e Alexander the Great Napoleon Bonaparte and even Marie Antoinette and Louis XVI.
ypur choice priatele Peco.
Papandreou has done his best to ease tensions both on economic
and political issues i think that Fyrom should meet him half way and accept The "Nothern" geographical
qualifier and proceed to loose the tensions by the way [...]
Read the full comment i think you people should reconsider you attitude towards Bulgaria your diplomatic relations with the latter are certainly not at their best they also carry the advantage of vetoing on both Nato and EU
have a look at it...
DOBER VECHER
@Koinos Nous
Are you for real ?
You really are an imbecile !
Have a look and read back on some of this garbage you post on here.
Your another typical Slav Fyromanian living in a fantasy dream world.
You state,
" The UK will buy the Parthenon from Greece, ship it to England, and re-unite it with the Elgin Marbles on a site near the 2012 London Olympics. "
Just such a ridiculous comment shows what an imbecilic idiot [...]
Read the full comment you really are Koinos Nous.
Well if it was up to you Fyromanians you would have it shipped to Skopje and claim the Parthenon was originally built in Scopje by Alexander The Great.
I have nothing more to say to you
Koinos Nous.
Stop living in a Fantasy dream World and get off the DRUGS .
I'm afraid that the international / EU "tide of opinion" is turning against Greece on the Macedonian issue, as Peter points out re the European Parliament.
(Greece's international image, thanks to the financial crisis, could not be lower at the moment.)
Meanwhil, the British Government has nobly volunteered to resolve the Elgin Marbles issue for once and for all....
The UK will buy the Parthenon from Greece, ship it to England, and re-unite it with the Elgin Marbles on a site near the 2012 London Olympics.
[...]
Read the full comment
This kills two birds with one stone - the Elgin Marbles issue is settled for ever, and Greece gets some much-needed currency to help bail it out of its current crisis.
(Oh, yes, and sell Corfu to the Germans too, as they have been asking in Berlin. Financial problem solved, and Greece's politicians can go back to plundering the economy and paying no taxes....)
Costaki,read this weeks EU parliaments decision on the demand that Greece recognize the Macedonian minority.Is this a coincidance?,no its not,Europe knows Macedonia and Macedonians do exist. The problem is, Greece loves to fabricate history,but for how long.
Koinos Nous, if Greece not spent millions for the opposition to Macedonias entry to NATO and EU,they might have had a bit more money today. It is true today as well,Greece ordered military equipment from France for the same purpose.This money van be better spent for its cirizens,not politics. Dimitri,I dont want to see Greece go under, I am only pointing out how and why they are spending the Euros. If Greece goes down they will take all of the Balkans down. I do not wish Greeces damise,but they brought this themselves.
Dinitri,I wont waiste your time,but have a right to question those who are telling me that I dont exist. Did you hear the EU parliament voted unanimously to demand that Greece recognize the Macedonian minority?.As I said,I wont waste my time nor your time to argue over that I know better than you who we are. What Papandreou should do is as soon as he meets Sarkozy to cancell the billions of Euros for military equipment that Karamanlis ordered for the support of the opposition to Macedonias entry to NATO and EU. Yes, I hope Papandreou will solve the economic [...]
Read the full comment prablams in order not to drag whole Europe down to the toily.Have a nice day!
Peter you lucky Ellas give Skopia 20,000 jobs. But you know my Makedones people like ta skopia not bad area. If you work in skopia maybe you have job from Makedones not Skopiani.
gia sou bre Peco.
Peter,
Keep dreaming Pal!!
Peter, I'm afraid you are way off topic, this article has nothing to do with Skopje or the name issue
Prime Minister Papandreou should bring Karamanlis and Mitsotakis for an inquiery and find out what they done with the billions of euros they received from the EU.Furtheremore,when he meets with Sarkozi to cancell the plans of buying military equipment that they do not need.Greece can save additional 4-14 billion euros and put the country on the right tracks.Mr. Papandreou should normalize the situation with Macedonia and recognize the constitutional name because Macedonia is no threat to Greece militarily or economicly. Macedonia did change its constitution to Greeces satisfaction in 1995. Again,Greece should recognize the indigenouse Macedonians because this will make [...]
Read the full comment Greece much more stronger as it will unite the people as it did durring the Nazi occupation.Another thing will help Greece if they demand from businesess to produce receipts for tax purposes as is done in any democratic country including EU.Macedonia did asked Greece to signe an agreement on double taxation.I am not sure they accepted it.I dont wish Greece to fail because the whole Balkans will suffer.To do that, Greece must establish good relations with its neighbors,including Macedonia.Stop the absurd politics and concentrate in the economy.