InfoAnda - Merkel to visit Greece as money running out |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Indonesian govt wipes its hands of Ahmadiyah 'problem' | 7 March 2011
Italian jackpot record of 177.7 mln euros picked up | 31 October 2010
Treasury sets purchase process for bank warrants | 27 June 2009

Michael Douglas near end of throat cancer treatment | | 8 October 2010

Forum Views () Forum Replies ()

Read more with google mobile : Merkel to visit Greece as money running out |

Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB World World Home U.S. Brazil China Euro Zone Japan Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Election 2012 Campaign Polling Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus David Cay Johnston Bethany McLean Anatole Kaletsky Reihan Salam Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Steven Brill Jack & Suzy Welch Frederick Kempe Christopher Papagianis Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (3) Slideshow Counterparties: Today's Best Links How a trillion dollars stays offshore US multinationals stash more than a trillion dollars in offshore holding companies. In the New York Times, law professor Victor Fleischer details exactly how they get away with it. Read more at Counterparties The new nonsense: Leaving finance A US hedge fund has seized an Argentinian navy ship Get Counterparties by email! Follow Reuters Facebook Twitter RSS YouTube Read Israeli forces kill American gunman in hotel shoot-out 7:55am EDT First major U.S. snowstorm, cold snap may harm some crops 04 Oct 2012 Morocco denies entry to Dutch "abortion ship" 04 Oct 2012 U.S. coal stocks jump on Romney comments: analysts 04 Oct 2012 Jobless rate tumbles to near four-year low | 11:14am EDT Discussed 236 Romney’s strong debate showing puts Europe on edge 154 Obama and Romney battle over economy at debate 126 Chavez to Obama: I’d vote for you, and you for me Sponsored Links Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Sesame Street The beloved characters from Sesame Street have made cameos in some unusual places. Slideshow Overcrowded prisons Inside California's overcrowded prison system. Slideshow Merkel to visit Greece as money running out Tweet Share this Email Print Related News Poor European states face clash over future aid funds 9:29am EDT Merkel's challenger rebuffs criticism of high earnings 9:49am EDT Analysis & Opinion Don Rajoy de la Mancha: Spain’s â€œquixoticâ€ adventures Forming ECON Team 4 is next presidentâ€™s top task Related Topics World » Greece » Euro Zone » Spain » 1 of 3. German Chancellor Angela Merkel casts her shadow on an European Union (EU) flag as she arrives for a news conference after talks with Yemen's President Abd-Rabbu Mansour Hadi in Berlin, October 4, 2012. Credit: Reuters/Tobias Schwarz By Annika Breidthardt BERLIN | Fri Oct 5, 2012 11:05am EDT BERLIN (Reuters) - German Chancellor Angela Merkel will make her first visit to Greece next week since the euro zone debt crisis erupted, in a show of support for Athens after it said it will run out of money at the end of November without fresh international aid. Greek Prime Minister Antonis Samaras hailed the trip as a very positive development at a time when his country is locked in negotiations with euro zone and IMF creditors who are holding back some 31.5 billion euros ($41 billion) in urgently needed loans. "The key is liquidity. That is why the next credit tranche is so important for us," Samaras told the German business daily Handelsblatt. Asked how long Greece could manage without it, he said: "Until the end of November. Then the coffers are empty." A German government spokesman said Merkel would travel to Athens on Tuesday for her first visit since the crisis began in late 2009, when a previous government revealed that Greece had hugely understated its public deficit. "It is a trip that of course happens to the backdrop of this very difficult situation that Greece is going through right now, the massive adjustment and reform measures that have shaped Greece for the past two years," Merkel's spokesman Steffen Seibert told a news conference. "We see that the reform efforts have increased under the Samaras government and we want to support that." The visit appears to signal that Europe's most powerful leader has decided it is essential to keep Greece in the single currency area despite is repeated failure to meet fiscal targets and economic reform commitments under two bailout programs. "This is symbolically very important. It points clearly to the fact that Merkel is not going to drop Greece, even though things are not going well there," said Carsten Brzeski, senior European economist at ING bank. Merkel has been vilified in some Greek media as dictating devastating austerity to Greece. One newspaper dressed her in a Nazi uniform on its cover. Germany's popular press meanwhile has systematically depicted the Greeks as work-shy tax cheats. Greek government spokesman Simos Kedikoglou said in a statement: "It's the first time in five years that the German Chancellor visits Greece. This visit ... will certainly be a further, important step toward future European decisions." But Greek labor unions called a work stoppage and a protest rally outside parliament during her visit, and a far-right anti-bailout party, the Independent Greeks, will demonstrate at the German embassy "to express in front of Chancellor Angela Merkel our opposition to Greece becoming a German protectorate". BIGGEST RISK TO MERKEL? Greece's crisis poses potentially the most serious risk to Merkel's re-election prospects next year, unless a way can be found to keep Athens afloat and avoid another debt restructuring before the German general election next September. In Brussels, a senior euro zone official said no decisions would be taken on Greece at the next European Union summit on October 18-19 because preparatory work on Greek reforms and the country's macroeconomic situation will not be ready by then. A Greek official told reporters negotiations with the so-called troika of the European Commission, European Central Bank and International Monetary Fund were intensifying ahead of a euro zone finance ministers' meeting in Luxembourg next Monday. "The government and the troika are working around the clock so that the progress is noted at Monday's Eurogroup and the Greek issue gets on the EU summit's agenda," the official said. Talks have been hampered by serious differences among the creditors over the long-term sustainability of Greece's debt, with the IMF arguing that bondholders will have to take further writedowns, sources on both sides said. European governments and the European Central Bank are now the biggest creditors. That would mean Germany, the biggest contributor to euro zone rescue funds, potentially having to write off billions of euros lent to Athens during the crisis. Merkel faces strong resistance in her own centre-right coalition against giving any further aid to Greece, depicted by rebel lawmakers as a bottomless pit. A senior official close to Merkel told Reuters last week it made no political sense to bring individual requests for aid to Spain, Greece and Cyprus piecemeal to parliament, and it would be better to bundle them together in one package. Spain, the euro zone's fourth biggest economy, has not yet requested a euro zone assistance package but is discussing the conditions with European authorities and the ECB. SPAIN IN FOCUS The leaders of Spain, France and Italy were due to discuss ways of supporting Spanish public finances at a meeting in Malta later on Friday on the sidelines of a Mediterranean summit. Euro zone sources say Spain is ready to apply for a partial bailout that would keep it in the capital markets and trigger ECB buying of its short-term bonds, but Germany has so far urged Madrid to hold off. Spanish borrowing costs have fallen from peaks above 7 percent since ECB President Mario Draghi announced that the central bank was ready to make unlimited purchases of bonds of euro zone states that signed up to strict terms and supervision. Madrid has to refinance some 28.5 billion euros in maturing debt later this month in a major funding hump. Draghi made clear on Thursday the ECB was ready to act but it was now up to euro zone governments to make the next move. Senior central bank sources told Reuters the ECB envisions buying large volumes of sovereign bonds for a period of one to two months once the program is launched, but would then suspend purchases for an assessment period. During that time, inspectors from the EU or the troika would assess whether a country is meeting the conditions of its aid program, to ensure continued compliance. ($1 = 0.7689 euros) (Additional reporting by Karolina Tagaris, Dina Kyriakidou and Renee Maltezou in Athens, Noah Barkin in Berlin and Julien Toyer in Madrid; Writing by Paul Taylor; Editing by Peter Graff) World Greece Euro Zone Spain Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (3) turner25 wrote: Edition: U.S. Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Friday, 5 October 2012
U.S. investigators visit Libya compound where ambassador was killed |
South African mine unrest spreads, Toyota hit by strike |
Exclusive: EU poised to agree ban on Iranian gas imports |
Georgia poll winner asks supporters to end vote-rigging protests |
Russia dismisses talk of new spy scandal with U.S. |
Libya PM-elect says withdraws proposed government list |
Jordan's King Abdullah dissolves parliament ahead of elections |
A Galaxy glow, but Samsung's record profit run to end in fourth-quarter |
In mobile-computing boom, a battle rages for marketing |
Oracle's CFO says no acquisitions needed to compete in cloud |
Rio bets it can become Brazil's Silicon Beach |
ViaSat bets on internet services as fiscal cliff looms |
New York police probe jewelry theft from actress Julianne Moore's home |
Book of rare Beatles photos offers inside peek at iconic band |
Using his own blood, New York artist paints Resurrection exhibit |
Fans to vote for 2013 Rock Hall of Famers |
ABBA museum to open in Swedish capital in 2013 |
Greek PM says can't manage beyond November without next aid tranche |
Turks on Syrian border skeptical after shelling |
Son of prominent Mexican politician shot dead |
Georgia poll winner asks supporters to end vote-rigging protests |
Russia considers Arctic licenses for western oil majors: FT |
Colombian drug boss turns himself in to U.S. officials |
Venezuela's Chavez fights young rival in re-election bid |
World Bank chief Kim signals changes to come |
Facebook IPO lawsuits to be heard in New York |
Samsung posts $7.3 billion third-qurter profit, this quarter will be tougher |
Zynga slashes 2012 outlook again, shares hit record low |
Oracle CFO: no acquisitions needed to compete in cloud |
Sony halts Xperia tablet sales after defect found |
Oracle CEO Ellison dreams of making Hawaii island model of sustainability |
Lawmaker cites new cyber threats to financial networks |
Analysis: YouTube alienates amateur users by courting pros |
Cisco taps two execs in CEO race |
Actress Daryl Hannah arrested in Keystone pipeline protest |
Alec Baldwin says he offered to take pay cut to save 30 Rock |
Ann Romney to guest host Good Morning America |
It's all black and white in new Picasso exhibition |
Using his own blood, New York artist paints Resurrection exhibit |
Israeli forces kill American gunman in hotel shoot-out |
South Africa's Amplats fires 12,000 strikers as unrest deepens |
Britain to extradite radical Islamist cleric to U.S. |
Israeli police use stun grenades to break up al-Aqsa protest |
Merkel to visit Greece as money running out |
In biggest protest, Jordan Islamists demand change |
Students clash with police in protests across Italy |
Dissident blogger Yoani Sanchez arrested in Cuba: reports |
Rights abuses persist in new Tunisia, investigators say |
Motorola wins German patent case against Microsoft |
Global Logistic Properties gains from China's online boom |
Bond films turn 50 with Adele song and documentary |
Fans, filmgoers get look at vintage Rolling Stones |
Gay characters at record high on U.S. television |
Using his own blood, New York artist paints Resurrection exhibit |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01