Greece has begun a second day of coalition talks under the gun from financial markets and world powers after elections won by a pro-euro party.
Eurozone ministers have told Greece they could not go ahead with an agreed deal to restructure privately held debt until it guaranteed reforms.
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/ 4 February 2012
Finance ministers are to confer by telephone after 12 hours of talks in Athens failed to produce a breakthrough on a Greek bailout deal.
Talks appear to be stalling between EU, IMF negotiators and Greek officials.
Germany’s plan to install a commissioner in Athens with veto powers over the Greek budget has been dismissed as "laughable".
A major conservative party in Greece’s new unity government has refused to drop its opposition to signing reform pledges in return for crucial loans.
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/ 11 September 2011
Greek Finance Minister Evangelos Venizelos has announced budget cuts totalling around €2-billion in exchange for a rescue package.
Finance Minister Evangelos Venizelos insists there is no rift with EU and IMF auditors, who say Greece failed to meet conditions to unlock funding.
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/ 17 September 2007
Greece’s conservatives on Monday faced the tough task of tackling reforms needed to catch up with euro zone countries after winning a second mandate with only a narrow majority in Sunday’s election. Prime Minister Costas Karamanlis, praised by Brussels for his economic record, vowed to push on with reforms.