InfoAnda - Greece urges EU aid, but Germany 'open' to IMF appeal

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

Pakistan: 5 security officers killed in northwest | 20 July 2009
Newark airport breach suspect pleads not guilty | 10 February 2010
Georgia Woman Killed In Shooting Near Delta Air Lines Facility | 31 August 2010

Fourteen killed in Syrian violence: activist group | | 13 October 2011

Forum Views () Forum Replies ()

Read more with google mobile : Greece urges EU aid, but Germany 'open' to IMF appeal

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Photos Sitemap Greece urges EU aid, but Germany 'open' to IMF appeal AFP - Friday, March 19 Send IM Story Print European leaders must agree on financial help for debt-laden Greece at their summit next week, Greek Prime Minister George Papandreou said Thursday. Duration: 00:55 BRUSSELS (AFP) - – Greece warned on Thursday it could call on the IMF for help unless European leaders offered financial aid next week, with Germany now appearing "open" to the idea as the Greek debt crisis hit the euro. After Greek Prime Minister George Papandreou urged the EU to help a "family" member, German government sources said Berlin was warming to the idea of allowing Greece to seek a bailout from the International Monetary Fund. "We would be open to an intervention from the IMF if that should become necessary," said one source. A German finance ministry spokesman stressed that "there is no need to take a decision" at present as "the issue of financial aid to Greece has not arisen." However, the Financial Times reported that Berlin had concluded there were legal obstacles to plans for eurozone countries to offer bilateral loans because EU treaties expressly forbid such bailouts. Saddled with debt and a huge public deficit, Greece has had to pay a heavy price on financial markets to borrow critically needed funds. That rate rose sharply on Thursday, reversing recent easing and reflecting renewed investor disquiet as European efforts to resolve the crisis appeared to flounder. The turmoil has also taken a toll on the euro, which on Thursday fell sharply to 1.3685 dollars in late trade from 1.3735 on Wednesday. An agreement this week among eurozone finance ministers to help Greece if they fear imminent default on debts had already looked like unravelling after hawkish comments from German Chancellor Angela Merkel. On Wednesday, Merkel made it clear she wanted eurozone countries that consistently fail to meet EU fiscal rules to be punished, with any future facility also allowing wayward members to be kicked out. Britain and Sweden already back the idea of Greece turning to the IMF, the Washington-based global lender of last resort, while European sources said that Finland and the Netherlands were also receptive. The Dutch interim government was to report to its parliament late Thursday, where a motion directing the Netherlands to "promote the IMF option" was passed last month. In Washington, the IMF said it had not been approached but was in close contact with the European Commission. A Greek official told Dow Jones Newswires that Athens could go to the IMF as early as the April 2-4 Easter weekend. Papandreou said the European Union had "an opportunity to make a decision next week at the (European Union) summit," one "we should not miss." "This is where Europe must come in and say 'OK, in this case, we can either provide what an IMF would provide... or in the end Greece may have to choose the option to go to the IMF'." He said that "nothing is excluded" when asked about the IMF avenue but maintained that Europe was "a family of values, with solidarity with each other" and called for "strong political support" to "make sure that we are not going to pay more than necessary" to borrow on international markets." Papandreou stressed that Greece was "not asking for money from Germans, French, the Italians or other workers or taxpayers" but wanted instead a "loaded gun" to ward off speculators. He told the EU parliament that Greece was "basically under an IMF programme, whether its called that or not," in reference to strict orders to impose tough structural adjustments. "We dont have, on the other hand, facilities that the IMF would give," in other words, the money. A commission spokesman said it was "natural, logical and even prudent" for Greece to keep all options open, while expressing the hope that the EU summit would "bear fruit" next Thursday and Friday. Athens has pledged to implement deep spending cuts and tax increases worth about 16 billion euros this year as it labours to slash a public deficit of 12.7 percent of output. Greek bond yields had fallen on hopes of an EU rescue earlier this week after brushing seven percent a fortnight ago. But as market optimism faded, the yields on Greek 10-year bonds rose to 6.217 percent at 1100 GMT on Thursday, from 6.094 percent late on Wednesday. The yield on the benchmark German Bund was at 3.102 percent by comparison. Recommend Send IM Story Print News Search Top Stories Obama calls for more job creation Bullock cancels London trip, film premiere called off Siemens to revamp IT unit, cut 4,200 jobs Greek PM warns could resort to IMF Study shows Aussie dingo may be world's oldest dog More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended US children get Playboy, not Bugs Bunny in cable mixup Omega 3 supplement targets bowel cancer risk: study Population surge outstrips efforts to eradicate slums Caracas weeps for its dead after bloody weekend Study shows Aussie dingo may be world's oldest dog More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Experts confirm asteroid wiped out the dinosaurs 'Britain's Fritzl' raped daughters for over 25yrs Researchers back cancer-fighting properties of papaya Common weed-killer chemically castrates frogs: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Friday, 19 March 2010
Maliki holds narrow lead in latest Iraq vote count
Greece urges EU aid, but Germany 'open' to IMF appeal
Apple director Jerry York dies at 71
Iraq PM, ex-premier in tight race for parliament
Bullock cancels London trip, film premiere called off
Amazon unveils application to read Kindle e-books on Macs
Obama signs multibillion-dollar bill to create jobs
Creditors want Sex.com in bankruptcy, halt auction
Gaza rocket kills one in Israel, clouds Mideast peace moves
Poll: Three-Term Sen. Barbara Boxer Vulnerable In November
Obama calls for more job creation
London hospital to treat Internet-addicted teens
Myanmar deports jailed Burmese-American activist |
Blagojevich Denied Request To Delay Corruption Trial
Amazon allows Kindle application for Mac computers
Turkey detains 20 people in coup plot case
Israel attack on Iran could ignite Middle East: Hezbollah |
'Mr Microchips' proves popular in S.Korean schools
Mya Joins Cedric Gervais For NOH8 Campaign Theme Song
FedEx Q3 Profit Jumps On Volume Growth, Boosts Outlook
Ladies in White march on Cuba crackdown anniversary |
New Cycling Policy From Transportation Department Earns Praise, Ridicule
Kremlin picks site for Russian "Silicon Valley"
BREAKING NEWS: Obama Postpones Trip Abroad To Concentrate On Healthcare Bill
Cybersecurity needs global rules: British lawmakers
U.S. Leading Indicators Rise Modestly On Manufacturing Gains
Phone Call To Mom Brings Drug Trafficking Charge For Inmate
British youngsters prefer online advice to parents
New Jillian Michaels Series "Losing It With Jillian" Premieres In June
American Known As "Jihad Jane" Pleads Not Guilty To Terrorism Charges
Obama scraps Asia-Pacific trip for healthcare
Junta frees Myanmar-American, deports him
Obama ditches Indonesia, Australia trip over health care
Thai Red Shirts declare 'class war'
Japan, France call on Iran to resolve nuclear crisis now
France rules out opening embassy in N.Korea
US, Russia see disarmament deal clinched soon
Reports: N.Korea executes official over currency chaos
Google slams Viacom for secret YouTube uploads |
Clinton, Russia at odds over Iranian nuclear plant
N.Zealand's 'Madoff' fraudster spent millions on prostitutes
Website's instant posts of Wall St research banned |
Myanmar releases jailed US activist: officials
Soyuz spacecraft lands safely on Kazakh steppe
Amazon allows Kindle application for Mac computers |
FCC plans to announce broadband agenda |
Apple director Jerry York dies at 71 |
Creditors want Sex.com in bankruptcy, halt auction |
'JihadJane' pleads not guilty in domestic terror case
US operations already started in Kandahar: commanders
Obama health plan 'will cut deficit': US Congress
'JihadJane' pleads not guilty in terrorism case
France in big culture push to arts-repressed Saudis
15 years on, Japan film recalls doomsday cult sarin attacks
British hospital to treat Internet-addicted teens
Universal Studios Singapore courts 8 for lucky launch
Singer's musical journey reshaping Portugal's fado
HTC to 'fully defend' itself against Apple patent suit
Kia to build 100-million-euro engine plant in Slovakia
Palestinians struggle to impose settlements boycott
Nestle drops Indonesian company after Greenpeace demos
Japanese land prices fall at fastest pace in five years
Hollywood and Bollywood join arms to fight piracy
Davy Crockett star Fess Parker dies at 85 |
Pakistan aims to raise $500 mln with OGDCL bonds
Pakistan appoints economist Shaikh as finance chief
Pakistan's forex reserves rise to $14.85 bln
Pakistani stocks end up on finance adviser report
Nissan to make Leaf electric cars in Britain
Pakistan arrests ended UN talks with Taliban: ex-envoy
Argentina claims progress for Falkands talks with Britain
Israel strikes in Gaza after deadly rocket |
Deadly Gaza rocket, air strikes cloud peace talks
US-TECH Summary
Taliban arrests thwart Afghan talks: ex-U.N. envoy |
British boy arrives home after Pakistan kidnap ordeal
Israel strikes in Gaza after deadly rocket
Google adword win in Europe wouldn't end battles
Chileans' quake knowledge saved thousands of lives |
Netanyahu, Clinton talk after settlement crisis
Nasty Google-Viacom billion-dollar battle goes public
Israel attack on Iran could ignite Middle East
World Bank OKs record $1.05 billion for Indian schools |
Palm shares plunge on weak quarterly forecast
Creditors get turned off by sex.com auction
New Zealand's Madoff jailed for $13 million fraud |
Bomb damages right-wing group's Athens office |
Google slams Viacom for secret YouTube uploads
Economist not distributed in Thailand over royalty story |
Desktop computer sales soared in February: NPD Group
Japan to boost Haiti aid to $100 mln: report
Drug Arrest Connected To "Lost Boy's" Death
Rihanna Hits #1 On Billboard Hot 100 With "Rude Boy"
Ludacris Comes Out On Top With "Battle Of The Sexes" On Billboard
US rep: Pa. Jihad Jane terror suspect cooperated
U.S. says driver error possible in NY Prius crash
Beyoncé Joins Alicia Keys On Stage For Special Performance At New York Tour Date
Website's instant posts of Wall Street research banned |
China official warns of risk from yuan rise
The "Oscar curse," real or Hollywood invention?
China orders crackdown on cooking oil over cancer link
Japan celebrates defeat of bluefin tuna trade ban
Asian countries understanding of Obama trip delay
Alcohol 'worse than drugs' in Pacific: report
Study: Ancient Croc Dined On Dinosaurs
Pakistan arrests halt UN contacts with Taliban
FAA Proposes $300,000 In Additional Penalties Against American Airlines For Poor Maintenance
Google adword win in Europe wouldn't end battles |
Congress Frustrated by "Virtual Fence" Problems Along Mexican Border
Tryptophan Shown To Reduce Aggression In Pigs
Taylor Swift's "Fearless" Named Most Awarded Album In Country Music History
Jennifer Lopez goes "Overboard"
Sandra Bullock's husband seeks forgiveness |
Despite ratings wins, Leno still faces hurdles
Cable networks eye Sarah Palin reality show |
Jennifer Lopez goes Overboard |
Lady Gaga sued for $30 million by jilted producer |
Beau Bridges joins Rockford revamp |
"Life" breathes new vitality into nature series
No deal for Paula Abdul at ABC |
Graco Recalls 1.2 Million Unstable High Chairs
Public Access To Court Documents Set To Open Up
Polanski lawyers appeal, demand sentencing in absence |
'Hobbit' filming to start in July: Ian McKellen
British boy arrives home after Pakistan kidnap ordeal
Weather forecast for the Asia-Pacific region
UN wildlife body rejects bluefin trade ban
Obama scraps Asia-Pacific trip for healthcare push
Amid Afghan surge, disputed base becomes indispensable
McLaren launches new supercar
India's Bharti says to sell Apple's iPhone 3GS
Thai protesters target hearts and minds of Bangkok |
Quartet urges Israel to freeze settlement activity
China quality watchdog says some HP laptops faulty
Armenian migrants dragged into politics in Turkey
Quartet hopes package will unlock Middle East talks |
Iran jails top reformist: opposition website
Russia says Iran letting chances for dialogue slip |
Democratic Donor Admits To $292 Million Bank Fraud
Losing the battle to keep female flesh off Afghan TV |
"Barefoot Burglar" Once Again Eludes Authorities
China quality watchdog says some HP laptops faulty
Gay Advocates Detained After White House Rally Against "Don't Ask, Don't Tell"
Pakistan denies arrests thwarted Taliban talks |
Second Teen Arrested In Florida School Beating Over Text Message Taunt
Rescuers End Search For Pacifica Swimmer
Syrian murder, Israeli planes not linked: official |
Killer Who Wrote Taunting Letter Executed
Cambodian bans women from marrying South Koreans
UK anti-militant project stirs Muslim unease |
Rice regrets how US prioritized rebuilding in Iraq
School Officials Condemn Obama Effigy In Classroom
Dutch lash out at gay link in Srebrenica massacre |
South Carolina Governor Agrees To Pay Fines For Ethics Charges
Thai protesters target "hearts and minds" of Bangkok
Paula Abdul Not Joining "Star Search" Remake
UN issues travel restrictions for staffers to Aceh
Virgin America Eyes Flights To Toronto By Summer
Japan celebrates defeat of bluefin tuna trade ban
Cambodia set to renovate genocide museum
Ore. lawsuit claims Boy Scouts sex abuse coverup
US may extend tanker deadline to allow EADS bid
India seeks to question US terror convict
Calif police department on alert for deadly traps
China imposing financial rules on religious groups
Mideast Quartet meets in Moscow
Obama legacy at stake as health vote looms
Protesters smash, paint Myanmar Embassy in India
Japanese fish dealers welcome tuna ban rejection
Palm's survival questioned |
China quality watchdog says some HP laptops faulty |
Deal near for Guantanamo closure, trials: report
Samsung, LG see growth, but know rivals are catching |
Google may announce China plans next Monday: report |
China tells Washington to cool yuan pressure
India's Bharti says to sell Apple's iPhone 3GS |
S.Korean bonds mixed, caution grows after rally
China says HP violated customer rights rules
S.Korea rejects N.Korea threat to seize assets
Middle East Quartet opens Moscow meeting
Taiwan stocks at 8-wk closing high; upside seen limited
Japanese fish dealers welcome tuna ban rejection
New Zealand's 'Madoff' jailed for $13 mln fraud
US leaves open option for more arms sales to Taiwan
China calls on Washington cool yuan pressure
Japan police seek criminal charges in Prius crash
Google to leave China April 10: state media
'Fantasies are real' says director Tim Burton
US-ENTERTAINMENT Summary
Behind "Runaways" film, legal battle simmers
Uruguay is wine world's rising star
No death in the afternoon at S.Korea bullfight
Cable networks eye Sarah Palin reality show
Beau Bridges joins "Rockford" revamp
"South Park" season opener a strong performer
Behind Runaways film, legal battle simmers |
The Oscar curse, real or Hollywood invention? |
Despite ratings wins, Leno still faces hurdles |
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