Greece is headed for yet another political crisis. On Monday the Greek Parliament rejected the prime minister’s nominee for president, forcing the country into early general elections on Jan. 25. The fallout of this round of turmoil will be a critical sign of whether European leaders can hold on to power long enough to stay the course on the fiscal reforms needed to lift economies in the region. The upheaval comes just four years after the country accepted its first international bailout and almost single-handedly sent the global economy into a

www.reuters.com/article/2015/02/10/us-eurozone-greece-kammenos-idUSKBN

reek Defence Minister Panos Kammenos said that if Greece failed to get a new debt agreement with the euro zone, it could always look elsewhere for help.

"What we want is a deal. But if there is no deal - hopefully (there will be) - and if we see that Germany remains rigid and wants to blow apart Europe, then we have the obligation to go to Plan B. Plan B is to get funding from another source," he told Greek television show that ran in to early ..

www.bloomberg.com/news/articles/2015-02-09/greece-said-to-seek-10-bill
Greece’s Finance Minister Yanis Varoufakis will present a proposal at a Wednesday meeting of euro area finance ministers in Brussels that will ask for an 8 billion-euro increase in the stock of Treasury Bills the country is allowed, said a government official who asked not to be named as the negotiations are confidential.

ATHENS, Feb 12 (Reuters) - Greece's jobless rate was steadyat 25.8 percent in November, the country's statistics agencyELSTAT said on Thursday, as the economy emerged from a six-yearrecession.November's

In Greece's negotiations with its creditors, both sides need to look like they've won.

www.reuters.com/article/2015/02/12/ecb-greece-ela-idUSF9N0V900F2015021


European Central Bank policymakers held a telephone conference on Thursday concerning the provision of Emergency Liquidity Assistance (ELA) to banks in Greece, two people familiar with the matter told Reuters.

www.reuters.com/article/2015/02/12/eurozone-greece-budget-idUSA8N0V900

Greece's tax revenues fell 1 billion euros below the targeted level in January as Greeks held off on making tax payments ahead of a snap election on Jan. 25, the deputy finance minister told Reuters on Thursday.

* Athens behaving quite irresponsibly, minister says* Schaeuble against deal just for the sake of a compromise (Adds more Schaeuble quotes, Austrian finance minister)By Michael NienaberBERLIN, Feb

BRUSSELS (Reuters) - A Greek government official said that a draft text presented to euro zone finance ministers meeting in Brussels on Monday spoke of Greece extending its current bailout package and

Despite talks between Greece’s finance ministers and those from the Eurozone collapsing last night, investors kept a cool head this morning.

The European Central Bank on Wednesday approved a request from Greece’s central bank to lend €68.3 billion ($77.8 billion) to its country’s banks through an emergency credit facility, a person familiar with the matter said.

Also firmly on the radar are the ongoing efforts between Greece and its international creditors to find agreement on conditions bailout the country's newly elected anti-austerity government is seeking to change. Greece's government said it will submit a request to the euro zone on Thursday to extend a "loan agreement" for up to six months, Reuters reported.

Ministry calculations show that out of the 76 billion euros of outstanding debts by taxpayers and corporations to the state, no more than 9 billion euros can actually be collected. Social security funds are anticipating a total of 1.2 billion euros from debt repayments this year thanks to the new plan, from total arrears of 20 billion euros.

Syriza's proposal for extension of agreement is rejected as insufficient from
Germany before vital deadline day meeting tomorrow

(Adds dropped letter from headline)ATHENS Feb 19 (Reuters) - Prime Minister Alexis Tsipras saidon Thursday that he believed Greece could be a significantcommercial gateway for China into Europe.Speaking

From Germany's perspective, Greece still hasn't offered a real compromise." data-view-uid="0_7

For Greece’s creditors, the signs aren’t propitious that Greece is willing to pay the political price needed to service its debts in full.

An important survey of business owners has shown the eurozone economy gaining momentum even as finance chiefs wrangle over Greece's bailout program.

world news - ‘We’ve won a battle, but not the war’ declares the Greek Prime Minister as a four-month loan extension looks set to keep the country afloat.

European leaders and media have responded with ambivalence to the four-month loan extensions agreed to by the bloc's foreign ministers. Athens, many have pointed out, still has promises to fulfill.

Rolling reaction as the Greek government draws up economic reform proposals to satisfy its international creditors, amid tensions in Athens

In the short course of the latest Greek financial crisis, Syriza appears to have transformed itself from what in the UK would be seen as traditional leftists into Blairites.

The new Greek government, scrambling to secure another tranche of short-term funding, agreed to make tax collection a top priority as part of a reform plan. But prodding its citizens to pay up has long been one of the country’s most difficult challenges.

Downtown Athens, Greece has been overcome by fighting between police and protesters after an initial anti-government demonstration, following last month’s election when the nation’s far-left-minded Syriza political party assumed power in parliament. Scores of protesters threw gas-laden fire bombs and other debris at law enforcement officers and set fire to parked cars as the march advanced through