Athens: Greece coach Fernando Santos dropped midfielders Alexandros Tziolis and Panagiotis Kone from his final 23-player squad for the European Championship on Monday. Santos announced the move after both players had competed in a warm-up game against Slovenia on Saturday. The match ended in a 1-1 draw and was held in Kufstein, Austria, near Greece's pre-tournament training camp. Kone, who plays for Bologna, had been widely expected to be cut...
02:23 PM, May 29, 2012
Athens: Three weeks before Greece has another election, opinion polls published on Sunday indicated the election will result in no single party gaining a majority in parliament, but two parties that favor implementing Greece's bailout programs could be able to form a coalition government. The four surveys show that Greek voters, tired of more than two years of austerity that have seen salaries and pensions cut and new taxes imposed,...
08:30 AM, May 28, 2012
Athens: Greece's public finances could collapse as early as next month, leaving salaries and pensions unpaid unless a stable government emerges from the June 17 election, according to Lucas Papademos, the technocrat prime minister who left office after this month's inconclusive vote. Mr Papademos warned that conditions were deteriorating faster than expected with cash flow likely to turn negative in early June amid a sharp fall in tax revenues and...
12:36 AM, May 28, 2012
Kufstein, Austria: Midfielder Jasmin Kurtic scored on his international debut to earn Slovenia a 1-1 draw with European Championship-bound Greece on Saturday. Kurtic levelled in the 87th minute. Earlier, he missed Slovenia's best chance by sending a free kick just over the bar. Greece defender Vasilis Torosidis put the 2004 champions in front after eight minutes with a low shot coming in from the right wing. Greece ended the match...
12:07 PM, May 27, 2012
Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart. So far, the 17-nation euro zone's downturn has been confined mainly to its periphery, but an index measuring broad economic activity across the monetary union in May showed its weakest outcome since mid-2009, during the...
03:43 PM, May 25, 2012
Suhasini Haider: Hello and welcome to Worldview with me Suhasini Haider. Tonight we're taking a close look at what NATO's plans for a pullout mean for Afghanistan and for Afghans in particular. In our studio, Fawad Paikar, he's the Bureau chief of the Spanish news agency EFE there in Kabul, also Sadia Serat, thanks so much for joining us. Sadia is an anchor with Tolo television in Kabul. We'll also...
12:52 PM, May 25, 2012
Suhasini Haider: Hello and welcome to Worldview with me Suhasini Haider. Tonight we're taking a close look at what NATO's plans for a pullout mean for Afghanistan and for Afghans in particular. In our studio, Fawad Paikar, he's the Bureau chief of the Spanish news agency EFE there in Kabul, also Sadia Serat, thanks so much for joining us. Sadia is an anchor with Tolo television in Kabul. We'll also...
12:52 PM, May 25, 2012
Global markets are jittery over concerns that Greece may drop the Euro. ...
09:42 AM, May 24, 2012
US President Barack Obama and other G8 leaders wrapped up talks on the European crisis at Camp David on Saturday with a pledge to keep Greece in the eurozone. ...
10:05 AM, May 20, 2012
Tokyo: Asian shares on Thursday recovered a bit of the ground lost in the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent on short covering, after sliding more than 3 percent - its biggest one-day drop in six months...
10:51 AM, May 17, 2012
The euro plunged to a 4-month low after Greece failed to form a coalition government and a fresh round of elections is in the offing. ...
08:30 AM, May 17, 2012
Tokyo: Asian shares steadied on Thursday from the previous day's sell-off, but investors found no reason to bet on risk amid deepening turmoil in Greece and fears of contagion to other stressed euro zone economies. MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1 percent, after sliding more than 3 percent for its biggest one-day drop in six months on Wednesday. The index hit a new 4-month low...
08:07 AM, May 17, 2012
New Delhi: The Greek tragedy continued to sink markets across the world. The euro plunged to a 4-month low after Greece failed to form a coalition government and a fresh round of elections is in the offing. Analysts say US markets are bracing themselves for the worst. Stock markets fell on worries that Greece would exit the euro bloc and throw the global markets into further turmoil. New elections were...
07:40 AM, May 17, 2012
London: Speculation about an endgame in Greece's protracted crisis has flooded markets with euro exit scenarios this week, but investors reckon there's still every chance that uncertainty will simply drag on for months. Seeking clear-cut outcomes to the euro saga to date has proven fruitless for investors, who have instead been forced to live with the "muddle through" of European politics. And more used to precedent, probabilities and precise numbers,...
11:25 PM, May 16, 2012
Athens: Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits. Greeks have been withdrawing hundreds of millions of euros (dollars) from banks in recent days as the prospect of the country being forced out of the...
06:45 PM, May 16, 2012
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