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Papandreou to do whatever it takes
Thessaloniki: Greek Prime Minister George Papandreou said on Saturday he would do whatever it takes to rescue his country from bankruptcy and stay in the Eurozone, as doubts in Europe grew over its membership in the bloc.
Updated: 09/11/2011 02:54P
Private Equity Fund Snaps Up Emerald Square Assisted Living Facility for $3
Based in Oklahoma City, OK, the property is a 73-unit assisted living facility that was previously owned by Sunwest Management, an Oregon based operator that filed for bankruptcy protection in 2009. “We are pleased to have been able to participate in
Updated: 09/11/2011 02:40P
Greece Holds Tight to Euro Zone Participation
On September 10, Greek Prime Minister George Papandreou stated the country will do whatever is necessary to stay out of bankruptcy and in the euro zone. Papandreou assured international leaders that his government is determined to make the difficult
Updated: 09/11/2011 02:20P
PM vows to push reforms despite opposition
will meet ambitious savings targets despite a deepening recession this year, the prime minister said yesterday, to secure the continued flow of international rescue loans that are protecting the debt-crippled country from a catastrophic bankruptcy.
Updated: 09/11/2011 01:57P
Merkel allies break taboo with Greek default talk
"That includes, if necessary, an orderly bankruptcy of Greece, if the required instruments are available," he said. Roesler, also Vice Chancellor, said sanctions should be imposed on states failing to tackle big deficits, including the possible
Updated: 09/11/2011 12:39P
German says Greek default not prohibited
BERLIN: An orderly bankruptcy of Greece is no longer a taboo, German Economy Minister and leader of Chancellor Angela Merkel's junior coalition partner, the Free Democrats (FDP), said on Sunday in an article for a newspaper. "To stabilise the euro,
Updated: 09/11/2011 11:38A
Greek gov't pledges to meet fiscal targets amid protests
Greece will meet ambitious savings targets despite a deepening recession this year, the prime minister said, to secure the continued flow of international rescue loans that are protecting the debt-crippled country from a catastrophic bankruptcy.
Updated: 09/11/2011 11:26A
German Econ Minister says Greek default not taboo
BERLIN (Reuters) - An orderly bankruptcy of Greece is no longer a taboo, German Economy Minister and leader of Chancellor Angela Merkel's junior coalition partner, the Free Democrats (FDP), said on Sunday in an article for a newspaper.
Updated: 09/11/2011 11:01A
Greek PM rules out snap election, says battle is on
This is the time for battle," Papandreou told a news conference in the northern city of Thessaloniki after his finance minister said a new levy on real estate would bring in about 2 billion euros to plug budget holes. "This situation is similar to
Updated: 09/11/2011 10:41A
NewPage gets ok to continue operations
These approvals give the company the authority to continue to conduct its business as usual without interruption in US employee wages and benefits programs or customer programs, among other stakeholder protections. Among the First Day Motions granted,
Updated: 09/11/2011 10:30A