Thursday Jul 31, 2014 Search
Weather | Athens
32o C
25o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Samaras says eurozone delay bad for economy, markets

European leaders' delay in hammering out a solution to Greece's debt problem is harming the country's economy and upsetting international markets, the Greek prime minister said ahead of a European Union summit in Brussels on Thursday.

I am not worried about the tranche, but each day that passes without a final decision is bad for the economy, for morale, and for the markets, Antonis Samaras told journalists.

I will not let the sacrifices of the Greek people go to waste, he added.

A marathon meeting between eurozone ministers and International Monetary Fund Managing Director Christine Lagarde earlier this week did not produce an agreement either on the disbursement of up to 44 billion euros in loan tranches Athens is expecting next month, nor on how to reduce its runaway debt.

The failure to reach a deal was seen as a blow to the conservative-led coalition, which had argued that the austerity package passed this month would lead to both issues being resolved.

Samaras, who is in Brussels for an EU summit on the 27-member bloc's budget, was to hold talks with Eurogroup chief Jean-Claude Juncker and European Council President Herman Van Rompuy.

Reports suggested Samaras might also meet with German Chancellor Angela Merkel.

A German official on Thursday said that EU leaders were likely to discuss Greece's debt crisis on the sidelines of the summit.

Greece is not on the agenda of the summit, but I expect it could be a topic in conversations between the leaders, Reuters quoted the official as saying.

ekathimerini.com , Thursday November 22, 2012 (14:34)  
Civil mobilization order issued in Jan 2013 lifted for public transport
Tax official, accountant caught bribing 80-year-old over business closure
Disgraced ex-hospital director arrested after armed altercation with son
Roma man shot dead in Thessaloniki had long criminal record, says police
Russia may restrict Greek fruit imports
Russia may impose new food import restrictions next week, reports said on Thursday, in what could be responses to new Western sanctions over Moscow's support of rebels in Ukraine. The countr...
Greek retail sales drop 3.8 pct y/y in May
Greek retail sales by volume fell 3.8 percent in May compared to the same month last year, after a downwardly revised 7.1 percent rise in April, statistics service ELSTAT said on Thursday. A...
Inside Business
SOCCER
Goalless draw at Liege puts Greens in driving seat
Panathinaikos got the upper hand in the battle for entry to the Champions League playoffs after snatching a goalless draw at Standard Liege on Wednesday. If anything, the Greek cup holders m...
SOCCER
Greek league recruits former referee Dallas
Former referee Hugh Dallas has been appointed as the head referee of the Greek Super League, the Hellenic Football Federation (EPO) said in a statement on Wednesday. The 56-year-old Scot ear...
Inside Sports
COMMENTARY
Summer turbulence
High summer temperatures appear to have messed with the reflexes of officials at the top echelons of Greeces power-sharing administration. A sense of anxiety has gripped the political syste...
EDITORIAL
Capital upgrade
After years of financial troubles, the city of Athens is finally buzzing with tourists. Despite some encouraging figures however, the Greek capital has not quite managed to become a destinat...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
RECENT NEWS
1. Civil mobilization order issued in Jan 2013 lifted for public transport
2. Tax official, accountant caught bribing 80-year-old over business closure
3. Disgraced ex-hospital director arrested after armed altercation with son
4. Roma man shot dead in Thessaloniki had long criminal record, says police
5. Cyber Crime unit helps avert suicide of young man
6. Employee of firm tasked with destroying contraband caught stealing it
more news
Today
This Week
1. Motorists refusing to pay tolls on Corinth-Kalamata highway to be monitored
2. Euro flows reveal shift in sentiment as losses mount
3. EU puzzles over emergency funds for euro area bank crisis agency
4. Greece may ignore EU and lower energy costs for business, says minister
5. Only 5 percent of stores see brisker business during this year's summer sales
6. Fake psychic caught in Thessaloniki after gaining 35,000 from victim
Today
This Week
1. Quadriplegic woman on life support 'dies due to unpaid power bills'
2. Hedge fund Dromeus turns Greek tragedy to triumph with 160 pct gain
3. Defense Minister Avramopoulos to represent Greece at European Commission
4. Wine cup used by Pericles found in grave north of Athens
5. Front-line threats
6. Greece names fifth privatization agency chief in four years
Find us ...
... on
Twitter
... on Facebook
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright 2014, H KAΘHMEPINH All Rights Reserved.