Monday Jul 28, 2014 Search
Weather | Athens
31o C
23o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Berlin urges Greece to stay the course on reforms [Update]

German Foreign Minister Frank-Walter Steinmeier on Friday urged Greece's conservative-led coalition to brave the political cost and stay the course on painful economic reforms.

The work that is being done here is not just being done for Greece, but for Europe. I expressed my encouragement for this, Steinmeir was quoted as saying after a meeting with Prime Minister Antonis Samaras and Foreign Minister Evangelos Venizelos, who is also the leader of socialist PASOK.

Steinmeier, who is in Athens on a two-day official visit, acknowledged that austerity policies mandated by Greece's foreign creditors were taking a toll on coalition partners PASOK and New Democracy.

Both know the political risks that this path brings for their parties. But both are just as convinced that political reform process may not be abandoned, Steinmeier said according to reports.

New ambassador

Meanwhile, reports Friday said that Wolfgang Dold will soon step down as German ambassador to Greece after serving two years in Athens. Dold will reportedly be succeeded by Peter Schoof, who is head of the European Union department at the German Foreign Office.

Unknown gunmen opened fire at Dold's residence in the suburb of Halandri, just north of Athens, on December 30. No one was injured in the raid.

'Yannis, forget it'

Meanwhile, in an interview with the Financial Times on Thursday Greek Finance Minister Yannis Stournaras said that he came under pressure from IMF managing director Christine Lagarde and the head of the fund's mission in Greece Poul Thomsen to ask eurozone leaders to accept a haircut on their bailout loans, but such move was ruled out by German Foreign Minister Wolfgang Schaeuble.

Poul and Lagarde said I had to [stand] by their side, Stournaras said in an interview with the British newspaper.

I said: OK, but if I come by your side, it is what would really help Greece, but its something which is totally out of the question. Schaeuble told me: Yannis, forget it. So it cannot be done, so what can I do?, Stournaras told the FT.

It was not clear when the conversation between the two ministers took place.

ekathimerini.com , Friday Jan 10, 2014 (14:37)  
Tree collapses in village square, killing nine-year-old boy
Samaras to meet Cypriot President Anastasiades in Athens
Maziotis moved to Diavata Prison in Thessaloniki
Defense Minister Avramopoulos to represent Greece at European Commission
Multi-bill containing prior actions ready for Parliament
The multi-bill that includes the prior actions Greece needs to complete to receive another 1 billion euros in bailout loans is likely to be submitted to Parliament later on Monday, Kathimeri...
ANALYSIS
Euro inflation seen testing ECB patience as stimulus takes time
When the European Central Bank unleashed a stimulus barrage in June, it cautioned that the economy would take some time to respond. Data due this week may test its patience. The inflation ra...
Inside Business
VOLLEYBALL
Volleyball national team second in European League
Much as the national volleyball team tried to repeat in the finals of the European League the feat it had achieved in the semifinals, it failed to overturn the advantage Montenegro had got f...
SOCCER
Ranieri says he has little to change in Greek national team
The Hellenic Football Federation (EPO) presented Claudio Ranieri as the new Greece coach for the next couple of years, after the Italian manager signed his contract in Athens on Friday. I l...
Inside Sports
COMMENTARY
Weighing all the factors
Certain people in the know continue to believe that snap elections will take place in the fall. Prime Minister Antonis Samaras is obviously aware of this trend, which is why he told Parliame...
EDITORIAL
Clear rules, for everyone
If we want to deal with the economic crisis, we need clear rules. A large number of individuals and businesses have amassed huge debts they cannot service. And some worrying symptoms have al...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Multi-bill containing prior actions ready for Parliament
2. Tree collapses in village square, killing nine-year-old boy
3. Samaras to meet Cypriot President Anastasiades in Athens
4. Maziotis moved to Diavata Prison in Thessaloniki
5. Euro inflation seen testing ECB patience as stimulus takes time
6. Defense Minister Avramopoulos to represent Greece at European Commission
more news
Today
This Week
1. Defense Minister Avramopoulos to represent Greece at European Commission
2. Euro inflation seen testing ECB patience as stimulus takes time
3. Maziotis moved to Diavata Prison in Thessaloniki
4. Tree collapses in village square, killing nine-year-old boy
5. Samaras to meet Cypriot President Anastasiades in Athens
6. Multi-bill containing prior actions ready for Parliament
Today
This Week
1. Climber dies in Mount Olympus fall
2. Greek sovereign debt at 174.1 percent of GDP in first quarter
3. Unequal after death
4. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
5. Quadriplegic woman on life support 'dies due to unpaid power bills'
6. Front-line threats
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.