TIRANA - The foreign minister of neighboring Greece boycotted
festivities on Wednesday marking 100 years of Albania's independence
after its prime minister hailed a town over the border as "Albanian
lands".
ATHENS - Greece's foreign minister cancelled a trip to Albania
on Wednesday after the neighboring country's prime minister suggested a
northwestern Greek town was "Albanian land".
ATHENS - Greece's debt buyback plan, a key element of the
cash-strapped country's bailout deal, will be voluntary but must
succeed, Finance Minister Yannis Stournaras said on Wednesday.
BRUSSELS - Euro zone central banks may decide to roll over
their holdings of Greek state debt to reduce by 5.6 billion euros the
amount governments will need to provide Athens by 2016, according to a
document seen by Reuters.
ATHENS - Greece has hired Deutsche Bank and Morgan Stanley to
conduct a voluntary buy back of its debt, a senior finance ministry
official told Reuters on Wednesday.
ATHENS - Greece's leftist opposition party Syriza kept its
opinion poll lead over the ruling Conservatives as austerity cuts
continued to take their toll on voters, a survey showed on Wednesday.
BERLIN - German media accused the government on Wednesday of
deceiving taxpayers over the true costs of saving Greece and said the
euro zone would eventually have to write off much of its Greek debt.
BRUSSELS - The Greek government and financial markets were
cheered on Tuesday by an agreement between euro zone finance ministers
and the International Monetary Fund to reduce Greece's debt, paving the
way for the release of urgently needed aid loans. |
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