Greece wants to conclude EU/IMF review, won’t accept ‘irrational’ demands: PM (Reuters)

untitled

Greece wants to conclude its bailout review but cannot accept what it sees as irrational demands on labor reform or for extra austerity, Prime Minister Alexis Tsipras said on Wednesday, in his first speech to lawmakers after a cabinet reshuffle.

Read more:

Hopes Dashed for Deal to Reunify Cyprus (The Wall Street Journal)

untitled

Hopes for a deal to reunify Cyprus this year were dashed in the early hours of Tuesday, when negotiations prepared for months failed over entrenched disagreements.

Read more:

Cyprus, crisis and the bank that came back from the brink (The Guardian)

untitled

Only three years ago, Bank of Cyprus was on the critical list. It had been forced – under the terms of a €10bn bailout of the country – to seize cash from its savers and was being kept afloat by billions of euros pumped in from the central bank.

Read more:

Greek Finance Minister Urges Quick Deal on Debt Relief (The Wall Street Journal)

untitled

ATHENS—Greece’s finance minister warned Germany and other creditors to agree on a debt restructuring in coming weeks, or miss the best chance to bring his struggling country’s seven-year crisis to an end.

Read more:

Obama Urges Europe to Address Its Debt Crisis (The Wall Street Journal)

untitled

ATHENS—President Barack Obama urged Europe to resolve lingering issues from its debt crisis, saying on Tuesday that leaders should favor growth over austerity, as part of their response to the rising populism in Western countries exemplified by the election of Donald Trump.

Read more:

Police Investigate Grenade Attack on French Embassy in Athens (The Wall Street Journal)

untitled

ATHENS—Greece’s anti-terror squad is investigating a hand grenade attack outside the French embassy in central Athens, which left a police officer lightly wounded, Greek police officials said.

Read more:

Greece Establishes Independent Media Authority to Handle TV Licenses (The Wall Street Journal)

untitled

ATHENS—Greece’s government and opposition late on Thursday broke an impasse toward the regulation of the country’s television sector, after they formed an independent media watchdog that will now take responsibility for organizing the new licensing procedure.

Read more:

Greek Police Clear Anti-Mosque Demonstrators as Golden Dawn Vows to Fight On (The Wall Street Journal)

bckround

ATHENS—Greek riot police cleared out protesters blocking the construction of the capital’s first mosque Friday, as the far-right Golden Dawn party backing the protests pressed its opposition to the mosque as part of a broader push to revive its profile.

Read more:

Greek Prime Minister Reorders Cabinet (The Wall Street Journal)

untitled

ATHENS—Greek Prime Minister Alexis Tsipras reshuffled his cabinet late Friday to speed up talks with Greece’s creditors and revive the morale of his ruling left-wing Syriza party after heavy setbacks.

Read more:

Greek retirees rally against planned new pension cuts (The Associated Press)

untitled

ATHENS, Greece (AP) — Greek retirees staged an anti-government rally in Athens on Thursday to protest a new round of cuts under the country’s international bailout program.

Read more: