GREECE News, May 12, 2012

Greek president in last-ditch coalition effort Fox News ATHENS, Greece – Greek President Karolos Papoulias called for the leaders of Greece's political parties to meet on Sunday, in a last-ditch effort to broker a deal for a coalition government and avoid another general election. See all stories on this topic »

European Officials Pile Pressure on Greece Wall Street Journal By TOM FAIRLESS TALLINN – European officials piled pressure on GreeceSaturday to stand by its fiscal commitments or face leaving the euro zone, as political turmoil in the country has cast doubt on whether it will abide by the terms of its latest €130 ... See all stories on this topic »

Greek exit not fatal for euro zone: ECB's Honohan Chicago Tribune The prospect of a Greek euro exit has arisen after European countries saidGreece cannot get more of the financial aid on which it is dependent if it does not meet the terms of its bailout. But parties backing the bailout program have no majority in ... See all stories on this topic »

Greece lurches towards new vote, hard left leads Reuters Papoulias called the leaders of the three biggest parties for coalition talks on Sunday at 0900 GMT, after Socialist leader Evangelos Venizelos became the third and last of them to acknowledge he had failed to assemble a coalition. See all stories on this topic »

ECB's Honohan Says Greece Euro Exit Can Be Managed Bloomberg A Greek exit from the euro could be “technically” managed yet would damage confidence in the monetary union, said European Central Bank Governing Council member Patrick Honohan. A departure by Greece would be “a rather destabilizing kind of event” for ... See all stories on this topic » Bloomberg

Greece abandons quest to form government, lurches toward new elections msnbc.com (blog) By msnbc.com news services ATHENS -- Greek politicians abandoned their quest to form a government on Saturday, leaving the president with one final opportunity to avert new elections that could drive the debt-choked country out of the European single ... See all stories on this topic »

Greek president to seek to form unity government CNN International By Elinda Labropoulou, for CNN Greek President Karolos Papoulias (right) pictured with Socialist PASOK party leader Evangelos Venizelos on Thursday. Athens, Greece (CNN) -- Greek President Karolos Papoulias is to hold talks in the next day with party ... See all stories on this topic »

Greek Socialists Fail To Reach Deal On Coalition Wall Street Journal By STELIOS BOURAS and ALKMAN GRANITSAS Socialist PASOK party leader Evangelos Venizelos leaves a news conference after holding last-ditch talks with rivals. ATHENS—An end to Greece's political deadlock remained elusive for a fifth day Friday as hopes ... See all stories on this topic » Wall Street Journal

ECB's Honohan: Greece Euro Exit Can Be Managed BusinessWeek By Ott Ummelas and Kim McLaughlin on May 12, 2012 A Greek exit from the euro could be “technically” managed yet would damage confidence in the monetary union, said European Central Bank Governing Council member Patrick Honohan. A departure by Greece ... See all stories on this topic »

Greece's Syriza remains defiant as last-ditch effort to form coalition... Telegraph.co.uk A last-ditch effort to forge a coalition government in Greecelooks set to fail, after the Left Coalition party insisted that it would not join any government that backed the country's bail-out agreement. Greek leader of Coalition of the Radical Left ... See all stories on this topic » Telegraph.co.uk

Greek exit not fatal for euro zone - ECB's Honohan Reuters * Greek euro exit could be managed technically-ECB's Honohan * Would be blow to euro zone, not necessarily fatal * EU's Rehn says Europe loans toGreece generous TALLINN, May 12 (Reuters) - A Greek exit from the euro zone would damage confidence in the ... See all stories on this topic »

Greek President to Try to Form Government Voice of America May 12, 2012 Greek President to Try to Form Government VOA NewsGreece's president has summoned leaders of the country's fractious political parties to a Sunday meeting in a last-ditch effort to form a new coalition government. See all stories on this topic »

President calls last-ditch talks Herald Sun GREECE'S President Carolos Papoulias is to meet political party chiefs today in a last-ditch attempt to form a government. The move comes after inconclusive elections and the failure of the parties to form a government, which has raised fears of a ... See all stories on this topic »

Greek Leader Will Attempt to Broker a Coalition New York Times ATHENS — Greece's president will start negotiations Sunday to form a coalition government in a last-ditch effort to avoid new elections and further political turmoil. President Karolos Papoulias's announcement Saturday followed the collapse a day ... See all stories on this topic »

Greece has only one chance left to avoid another election Christian Science Monitor By Elena Becatoros, Associated Press / May 11, 2012Greece's Socialist leader Evangelos Venizelos speaks to reporters after meeting with leader of Coalition of the Radical Left party, SYRIZA, at the Greek Parliament in Athens. See all stories on this topic » Christian Science Monitor

German FinMin eyes growth measures for Greece Reuters * Schaeuble: Germany may consider Greek growth measures * EFSF's Regling: Greek exit from euro most expensive option BERLIN May 12 (Reuters) - Germany is ready to consider additional measures to promote growth in Greece but the struggling economy must ... See all stories on this topic »

German Finance Minister eyes growth measures for Greece Reuters "If the Greeks have an idea of what we could do, in addition, to promote growth, we can always talk and think about this," Schaeuble was quoted as saying. "But ultimately it is about making Greece competitive again, allowing the economy to grow and ... See all stories on this topic »

Greek President Takes Over Negotiations To Form Coalition Government Wall Street Journal ATHENS (Dow Jones)--Greece's president will on Sunday meet the top three party leaders that emerged from the May 6 elections in a last-ditch attempt to form a cross-party administration, cobble together a coalition and avoid fresh elections. See all stories on this topic »

EU central bankers ponder Greece euro exit BBC News His counterpart in the Irish Republic said a Greek exit would be damaging but not necessarily fatal to the euro. Greece is to make a final attempt at forming a government on Sunday. Afterlast week's elections in France and Greece, two things began to ... See all stories on this topic » BBC News

Greek president calls parties to last-ditch talks AFP By John Hadoulis (AFP) – 6 hours ago ATHENS — Greece'sPresident Carolos Papoulias is to meet political party chiefs on Sunday in a last-ditch attempt to form a cabinet after inconclusive elections that have raised fears of a Greekeurozone exit. See all stories on this topic » AFP

Bundesbank chief warns Greece on rescue deal Boston.com Since last Sunday's indecisive Greek election, German officials have insisted on the need for Athens to stick to its existing course, which has become hugely unpopular with Greek voters. "There is no easy way forGreece," Finance Minister Wolfgang ... See all stories on this topic »

Greece's Leftist Syriza Gains Support And Lands First- Poll Wall Street Journal Greek President Karolos Papoulias took over Saturday negotiations with party heads in a last-ditch attempt to form a cross-party administration, after week-long talks among party leaders failed to end the country's political deadlock. See all stories on this topic »

Greek president to meet party leaders on Sunday Chicago Tribune ATHENS (Reuters) - Greece's president will meet the leaders of the country's three biggest parties on Sunday in a last-ditch attempt to cobble together a coalition and avoid a repeat election in a few weeks. The meeting with conservative leader Antonis ... See all stories on this topic »

Greek Left Coalition sticks to anti-bailout stance: spokesman Chicago Tribune ATHENS (Reuters) - Greece's Left Coalition party said on Saturday it would stick to opposing an EU/IMF bailout at a meeting between the country's three main parties and the president on Sunday, and would not participate in any government backing the ... See all stories on this topic »

Greek Socialist fails to form government, vote beckons Reuters * Venizelos meets president at 1000 GMT * Final chance to avert election By Deepa Babington ATHENS, May 12 (Reuters) - Greek Socialist leader Evangelos Venizelos on Saturday becomes the last political leader to throw in the towel after failing to ... See all stories on this topic »

Greek president calls last-ditch talks to avert new polls NDTV Athens: Greece's President Carolos Papoulias will meet political party chiefs on Sunday in a last-ditch attempt to form a cabinet after inconclusive elections that have raised fears of aGreek eurozone exit. "The president will summon party leaders in ... See all stories on this topic » NDTV

Greece hurtles towards new election; hard left leads Reuters The overwhelming majority of Greeks still want to stay in the euro. Tsipras's party says that can be achieved without accepting the terms of the bailout, which was hammered out earlier this year when Greece was weeks away from running out of funds. See all stories on this topic »

Leftist Party's Rise Upends Greek Political Order New York Times As political leaders struggle to form a government, Mr. Tsipras has emerged as a rising star in Greek politics. He turned down an offer from the Socialists to join a multiparty coalition, that way making it ever more likely that Greece will be forced ... See all stories on this topic » New York Times

Greece bailout crisis: President seeks unity government BBC News Greek President Karolos Papoulias has called the country's leaders to a meeting on Sunday in a last-ditch attempt to forge a unity government. If the president's bid fails, another election will have to be held. Earlier, Pasok became the third party to ... See all stories on this topic » BBC News

Still no deal in forming Greek coalition CNN International By Elinda Labropoulou, for CNN Socialist PASOK leader Evangelos Venizelos was the third Greek politician since Sunday tasked with forming a new government. Athens, Greece (CNN) -- Greek politicians have been unable to form a new government in their ... See all stories on this topic »

Update on the latest news, sports, business and entertainment: NECN There is only one chance left for an agreement and Greek President Karolos Papoulias has called the leaders of Greece's political parties to meetings tomorrow in a last-ditch effort to broker a deal. If he fails, Greece will have to hold new elections ... See all stories on this topic »

Euro Falls to 3-Month Low Against Dollar on Greek Debt Concern Bloomberg The euro fell against the dollar for a second week, reaching a three-month low, as concern mounted that politicians in Greece won't be able to form a coalition government and the nation may exit the monetary union. The 17-nation currency slumped after ... See all stories on this topic »

BBC News - Greek Pasok leader Evangelos Venizelos hits stalemate Continue reading the main story ... The latest attempts to form a Greekgovernment are said to be deadlocked, .... German Finance Minister Wolfgang Schaeuble told the Rheinische Post newspaper that Europe "won't sink" if Greece leaves the ... www.bbc.co.uk/news/world-europe-18030786

Greek president makes last-ditch attempt to forge unity government The Guardian, UK and World news, User comments, Web ... The Greekpresident has summoned the leaders of the country's three largest parties ...How long would it last? ... Report errors or inaccuracies: userhelp@guardian.co.uk; Letters for ... www.guardian.co.uk/world/.../greek-president-last-ditch-unity

Greek president calls parties to last-ditch talks ATHENS — Greece's President Carolos Papoulias is to meet political party chiefs on ... Philippos Sachinidis will represent Greece at the first meeting,reports said. ... BBC News - 2 hours ago; Greek President in Last-Ditch Coalition Effort ... www.google.com/.../ALeqM5jKxtV83kdbt7IdjysaNZV8ikdC1...

Greek President to Try to Form Government Special Reports · Photo Galleries ... Greece's president has summoned leaders of the country's fractious political parties to a Sunday ... LatestWorld News ... www.voanews.com/.../Greek-Political-Leaders-Fail-to-Form-G...

Greek President Last-Ditch Coalition Effort - US - CBN News ... Greek President Karolos Papoulias has called the leaders of Greece's ...Sign up for the CBN News Dispatch and receive CBN News Reports in your inbox each ... www.cbn.com/.../Greek-President-Last-Ditch-Coalition-Effort/

Greek election critical and uncertain - US News and World Report ATHENS, Greece (AP) — Greeks began voting at precisely 7 a.m. local time ... US News & World Report Politics ... Abstention, once projected to reach historic highs but seen rising in recent opinion surveys, will be crucial to the final outcome. www.usnews.com/.../greek-election-critical-and-uncertain-2

Greeks prepare for vote set to define country's future - Canada ... Greeks head to the polls on Sunday in their most critical and uncertain election in ... story content; Skip to related news content; Skip to CBC accessibility page ... Their support has reached historic lows, plunging to percentages last seen in the ... www.cbc.ca/news/canada/story/2012/05/.../greece-election.htm...

Greece: Leader Of The New Democracy party, Antonis ... - Sky News Sky News HD - First for breaking news - Sky channel 517 ... Greece: Biggest Party Unable To Form Coalition ... Report this comment ... LatestFrom Mashable ... news.sky.com/home/world-news/article/16223278

Angry Greeks reject bailout, risk euro exit - Yahoo! News News: Greek voters enraged by economic hardship caused by the terms of an ... The latest official results, with over 61 percent of the vote counted, showed the only ... (Additional reporting by Rene Maltezou, Karolina Tagaris, Ingrid Melander , ... news.yahoo.com/angry-greeks-vote-cliffhanger-election-0417...

Greek Leftists Seek Coalition, Reject EU Austerity | News | English At Syntagma Square in front of parliament, the epicenter of so many anti- government protests in recent years, Greeks gathered to read thenewspaper headlines ... www.voanews.com/.../Greek-Leftists-Seek-Coalition-Reject-E...

Greeks vote in critical but uncertain election | Fox News Greeks cast ballots on Sunday in their most critical — and uncertain — election in ... content: Fox News/Fox Business (Article Page: FoxNews/SBC/Latino/Fox Business) ... Abstention, once projected to reach historic highs but seen rising in recent ... Nicholas Paphitis and Theodora Tongas in Athens contributed to this report. www.foxnews.com/.../greek-election-critical-and-uncertain/

Deadline for Greek government - ITV News Read Deadline for Greek government latest on ITV News. ... The leader ofGreece's left-wing Syriza party is running out of time to try to form ... Read the full story ... www.itv.com/news/.../greece-votes-in-parliamentary-elections/

French and Greeks Vote, With U.S. Economy in the Balance - US ... US News & World Report Money ... The latest indicators show that Hollande is expected to win, and that the Greek government that favors austerity is in danger ...

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