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Sunday, 24 June 2012 - Greek PM to miss EU summit, troika postpones trip |
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Now there are concerns about the environmental impact of these wells, ProPublica reports.   Read more at Counterparties  How banks rigged muni bids Monti: We have a week to save the EU Sign up for the Counterparties newsletter! Follow Reuters Facebook Twitter RSS YouTube Read Islamist Morsy wins Egyptian presidency with 52 percent | 12:33pm EDT Sizing up Penn State's liability in abuse scandal 23 Jun 2012 Most Americans oppose health law but like provisions 1:13am EDT Stop asking for more help, Germany tells Greece 11:59am EDT Turkey blames Syria for jet attack, consults NATO | 12:05pm EDT Discussed 124 Obama campaign requests outside Republican group disclose donors 119 House panel to vote on Holder contempt charge: aide 88 California tobacco tax hike narrowly defeated at polls Watched Paszek overcomes leg injury to beat Kerber in final Sat, Jun 23 2012 Turkish, Syrian forces seek downed Turkish jet. Sat, Jun 23 2012 Egypt to unveil election result 12:14am EDT 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  Hunting hogs in Alabama The wild boar was once the most prized catch in ancient Greece.  Slideshow  Rise of the megacities Cities of over 10 million are growing fast.  Slideshow  Greek PM to miss EU summit, "troika" postpones trip Tweet Share this Email Print Related News Spain to seek bank aid as borrowing costs soar Fri, Jun 22 2012 Greek bailout wish-list sets up showdown with Europe Fri, Jun 22 2012 Greek coalition takes power, promises to revise bailout Wed, Jun 20 2012 Spanish short-term debt costs reach alarm levels Wed, Jun 20 2012 Greek conservatives hope to seal coalition deal Tue, Jun 19 2012 Analysis & Opinion A practical way to save Europe No Greek relief for pain in Spain Related Topics World » Greece » Newly appointed Greek Prime Minister Antonis Samaras arrives for the first cabinet meeting of his government at the parliament in Athens June 21, 2012. Credit: Reuters/Yorgos Karahalis By Lefteris Papadimas ATHENS | Sun Jun 24, 2012 10:57am EDT ATHENS (Reuters) - Greece's new prime minister and incoming finance minister, who have been ill, will miss this week's EU summit when Athens will propose easing the terms of its bailout and international lenders have had to postpone a first meeting with the team. Prime Minister Antonis Samaras underwent eye surgery on Saturday and Vassilis Rapanos is in hospital after suffering from nausea, intense abdominal pains and dizziness on Friday before he could be sworn in as finance minister. The foreign minister and outgoing finance minister will attend the June 28-29 meeting to ask for the terms of the 130 billion euro($162.96 billion) bailout to be loosened. A European Union official said the unexpected turn of events had forced the postponement of a visit to Athens on Monday by officials from Greece's "troika" of lenders - the European Union, European Central Bank and International Monetary Fund. The officials had been expected to meet Samaras and Rapanos and set a later date for a review of Greece's implementation of reforms required under the program. "The troika's visit has been postponed for a few days," the EU official said on condition of anonymity. "A new date will be announced in the coming days." Samaras's coalition government, sworn in last week, has called for the renegotiation of the painful terms of the financial lifeline, which is keeping Greece from bankruptcy but at the cost of harsh economic suffering. The government faces a stern test at the two-day EU summit, with euro zone paymaster Germany particularly resistant to giving Athens any leeway. Greece will be represented by Foreign Minister Dimitris Avramopoulos and outgoing Finance Minister George Zanias, government spokesman Simos Kedikoglou said. He said Samaras would leave hospital on Monday after undergoing a successful operation to repair a damaged retina. "The orders of his doctor are for him not to travel and to stay at home for a few days," he said. The hospital said his condition was "good and improving." "The prime minister cannot travel by car or by plane," Panagiotis Theodosiadis, chief doctor at the Attika hospital, told Mega TV. GERMANY URGES ACTION Responding to strong public pressure during a fifth year of recession, the government's program calls for tax cuts, extra help for the poor and unemployed, a freeze on public sector lay-offs and more time to cut its deficit. Greece's euro zone partners have offered only adjustments to make up for the weeks of paralysis during two elections since early May and a deeper than expected recession. But there will be no radical re-write, they say. German Finance Minister Wolfgang Schaeuble said Greece had already forfeited much of Europe's trust. "The most important task facing new prime minister Samaras is to enact the program agreed upon quickly and without further delay instead of asking how much more others can do for Greece," Schaeuble told Bild am Sonntag. Greece's new coalition brings together New Democracy, Socialist PASOK and the small Democratic Left in an uneasy alliance facing an emboldened opposition. Before he could be sworn in, incoming Finance Minister Rapanos was rushed to the Hygeia Hospital. Doctors said on Saturday he had undergone a scanning test and that he was "stable and improving." He was to continue drug therapy but no further details were available on his illness. Samaras's New Democracy narrowly won the June 17 election, a re-run of a vote on May 6 that produced stalemate. The radical leftist Syriza bloc surged into second place on a promise to tear up the terms of the bailout, potentially forcing Greece out of Europe's single currency. ($1 = 0.7977 euros) (Writing by Matt Robinson; editing by Anna Willard) World Greece 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 (1) TexTide 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.

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