Time was running out for a compromise deal on the Greek debt crisis between Greece and its international lenders after the ultimatum issued at the end of the latest Eurogroup meeting in Brussels on Monday evening, political analysts in Athens warned on Tuesday.
Eurozone finance ministers were unable to reach a final agreement with Greek government on the bailout program on Monday, Eurogroup president Jeroen Dijsselbloem said at a press conference.
Greece's new government will stick to its anti-austerity pre-election agenda and will not request an extension of the current bailout program which expires on February 28, Greek Prime Minister Alexis Tsipras said on Sunday during a closely watched policy statement at the parliament.
It has been a busy Wednesday for new Greek Prime Minister Alexis Tsipras and his Finance Minister Yanis Varoufakis as they were lobbying across Europe for a solution to its debt.
A deal between Greece and the European Union (EU) to re-negotiate Greek massive debt is possible, Italy's Prime Minister Matteo Renzi said on Tuesday after holding talks with his Greek counterpart Alexis Tsipras in Rome.
Britain's Chancellor George Osborne on Monday warned a eurozone stand-off over Greece's debt was becoming the biggest risk to the global economy.
Election results in Greece are expected to have a mixed impact on the Italian economy and could embolden Italian populists movements similar to the Syriza party which swept to power in Greece.
Italian analysts are keeping a close watch on what they expect to be a compromise solution to debt problems of bailed-out Greece following Syriza's electoral victory on Sunday.
Greek anti-bailout radical left SYRIZA party leader Alexis Tsipras was sworn in on Monday as Prime Minister as talks for the formation of a coalition government were underway.
Greece has invested approximately 600,000 euros (766,674 U.S. dollars) in the past four years for excavation works at the ancient city of Amphipolis in northern Greece where a spectacular Alexander the Great era tomb has been discovered this summer, the Culture Ministry said.
Greece took a symbolic first step in its return to international capital markets on Wednesday formally announcing its intention to issue a five-year bond "shortly" for first time since the start of the debt crisis which led the country at the brink of default four years ago and into the EU/International Monetary Fund mechanism.
A Eurogroup meeting hosted in Athens on Tuesday paved the way for disbursement of further bailout aid to Greece in the coming weeks.
Greece's parliament passed into law on early Monday a draft bill on the next round of reforms requested by international creditors before the disbursement of further bailout funding to the country.
Greece was looking forward to building stronger ties with China, and China was a "friend" and pointed to it having been the "top investment partner" during Greece's difficult years.
Lithuania is seeking to join the euro area from 2015, Jeroen Dijsselbloem, president of the Eurogroup, announced here on Monday.
The 5.8-magnitude earthquake that jolted the western Greece island of Cephalonia on Sunday caused no casualties but just material damages, according to initial information issued by local authorities.
Greece formally assumed the European Union (EU)'s rotating Presidency for the first half of 2014 on Wednesday with a ceremony attended by several top European dignitaries.
简体中文
