Slovak PM not keen on more time or debt writedowns for Greece
Slovakia does not favor granting its eurozone peer Greece more time to fix its debt problems or further debt writedowns, Slovak Prime Minister Robert Fico said on Thursday.
"Measures in Greece haven't solved the debt problem so far. Quite the contrary, the debt has actually risen,» Fico told reporters.
"We are not keen to grant Greece more time, nor further (debt) writedowns. Greece must 'pay the price' first and then we can help them,» he said, adding: «I don't want to be an extremist politician who would want to kick someone out from somewhere."
Eurozone finance ministers will attempt to close Greece's financing gap to 2014 when they meet again in Brussels next Tuesday, instead of finding a solution for as far ahead as 2020 as originally intended, a senior euro zone source told Reuters on Wednesday. [Reuters]
The continuing rally on the Athens stock exchange and the fast de-escalation of Greek bond yields were boosted by Fitch Ratings’ decision to upgrade Greece’s credit rating by one notch to B-...
After the withdrawal of hundreds of hotel beds in the last four years due to the economic crisis, there will finally be some new beds added in Athens.
They will be created by Coco-Mat, a loc...
Germany's Bjoern Otto recorded the world's leading performance in the men's pole vault at the Athens Street Pole Vault event that took place at Zappio, in central Athens, on Saturday afterno...
PAS Giannina upset PAOK at Thessaloniki on Sunday to take the lead at the Super League play-offs, while Asteras Tripolis rebounded from its loss at Ioannina in midweek to defeat Atromitos at...
Certain people have created a monster and now, when they observe it, they wonder what it is. Golden Dawn, along with all its slogans and behavior, is the work of many, not one single person....
The country has a unique opportunity to turn the page. Society has displayed incredible maturity and responsibility, despite all the hardships. Reforms which had been under discussion for de...
