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IMF expects EU to solve Greek crisis (RTE.ie) Mar 18, 2010 A spokeswoman for the International Monetary Fund says it still expects the EU to resolve the Greek debt crisis even though the country is considering resorting to the fund for a bail-out.... Speculators seen increasing Greek borrowing costs (Reuters) Mar 18, 2010 EU politician: CDS speculation should be limited or banned... Greek jobless rate soars, pressuring budget gap (Reuters) Mar 18, 2010 Unemployment in Greece suffered its biggest jump for years, highlighting the struggle Athens faces to plug big holes in its budget as government cutbacks threaten to further undermine a shrinking economy.... Greek Banks Look Abroad for Growth as Economy Shrinks in Crisis (Business Week) Mar 18, 2010 Greece’s largest banks spent more than $6.5 billion expanding into neighboring countries in the past decade. Now they’re counting on those purchases to help carry them through an economic crisis at home.... Greek unemployment jumped to 10.3 pct in Q4 Mar 18, 2010 Greek unemployment jumped to 10.3 pct in the fourth quarter of 2009, from 7.9 pct in the corresponding period in 2008,... Talk on IMF solution picks up (eKathimerini) Mar 18, 2010 Germany says Greece can work out its own problems; Petalotis admits that aid from Fund is an option... Feldstein Sees Greek Euro-Exit Pressure as Plan Fails (Business Week) Mar 17, 2010 Harvard University Professor Martin Feldstein, who warned almost two decades ago that the euro would prove an “economic liability,” said Greece’s austerity plan will fail and the country may quit the single currency to fix its fiscal crisis.... Downbeat outlook points to growing number of jobless (eKathimerini) Mar 17, 2010 Greece’s small to medium-sized industrial firms laid off more than 100,000 staff in the second half of 2009, and remain downbeat about the sector’s investment and employment prospects in the first half of this year.... S&P backs Greek budget plans (eKathimerini) Mar 17, 2010 Ratings agency more cautious on post-2010 forecast; euro, bonds rise in response to announcement... Brussels offers Greece the rack as alternative to its bed of nails (Irish Times) Mar 16, 2010 BAILOUT BY ordeal. Numerous questions remain, but euro group finance ministers have all but cleared the way for the creation of a last-resort credit line for the Greek government.... OECD calls for green tax (eKathimerini) Mar 16, 2010 The Organization for Economic Cooperation and Development (OECD) has called on Greece to impose further taxes on fuel and abolish subsidies for polluting manufacturers so it can raise funds for investment in the environment.... Households buckling under debts (eKathimerini) Mar 16, 2010 Survey shows growing number of people struggle with loan payments; plan for those in straits... Eurozone package keeps up pressure on Athens (Financial Times) Mar 16, 2010 A eurozone promise to extend government loans to Greece in an emergency is designed to calm bond markets and enable Athens to overcome its debt crisis without calling on external financial assistance, government ministers and economists said on Tuesday.... BBC European finance minister agree Greece rescue plan (BBC) Mar 15, 2010 Europe's finance ministers have agreed how to help Greece in its battle to control its finances.... Tax rises hit Greece as EU meets on debt crisis (Sydney Morning Herald) Mar 15, 2010 A wave of new tax hikes has hit Greece, raising the cost of consumer goods despite recession and high unemployment, as European Union finance ministers gathered in Brussels to discuss the country's debt crisis....

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