International Law

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EU, IMF team in Athens to review deficit progress
Posted on 14 Jun 2010 by International & Foreign Law Community Staff

ATHENS Greece - (APINTL) A delegation from the International Monetary Fund and the European Union arrived in Athens Monday for an interim review of Greece's efforts to pull itself out of a major debt crisis that pushed it to the brink of default.... Read More

Europe debt crisis spreads to Portugal
Posted on 28 Apr 2010 by International & Foreign Law Community Staff

ATHENS - (APINTL) Greece was pushed to the brink of a financial abyss and started dragging another eurozone country Portugal down with it, fueling fears of a continent-wide debt meltdown. Stocks around the world tanked after ratings agency Standard... Read More

Greeks and the state: an uncomfortable couple
Posted on 3 May 2010 by International & Foreign Law Community Staff

ATHENS - (AP) A pony-tailed Greek on a motorcycle pulled up onto the sidewalk, hunting for a better parking spot, and an elderly tourist with a crutch shuffled out of the way. The good-natured driver explained his illegal maneuver with a smile. One... Read More

As cuts bite, Greece battles dissent
Posted on 9 Jul 2010 by International & Foreign Law Community Staff

ATHENS Greece - (APINTL) The Greek government is battling growing discontent over a new round of economic austerity, with fresh strikes, public hostility, and party dissent testing the nation's ability to make it out of its debt crisis. Unions... Read More

Greece downgraded as debt crisis worsens
Posted on 27 Apr 2010 by International & Foreign Law Community Staff

ATHENS - (APINTL) Europe's government debt crisis worsened ominously Tuesday when Greek bonds were downgraded to junk status and Portugal's debt was lowered on fears the trouble could spread. Stocks slid on the news. German reluctance to fund... Read More

EU president: Greece will get aid in time
Posted on 29 Apr 2010 by International & Foreign Law Community Staff

TOKYO - (AP) The European Union's president said Wednesday he is fully confident that debt-laden Greece will receive the financial assistance it needs in time to address its debt problems and to preserve eurozone stability. Negotiations on a euro... Read More

EU tries to calm market fears over debt crisis
Posted on 5 May 2010 by International & Foreign Law Community Staff

BRUSSELS - (APINTL) The European Commission on Wednesday tried to calm fears that Greece's debt crisis is spreading to other European countries, insisting Greece is a "unique case." Presenting a small upward revision to this year's... Read More

General strike hits indebted Greece over new cuts
Posted on 5 May 2010 by International & Foreign Law Community Staff

ATHENS, Greece - (AP) Flights to and from Greece were grounded, trains and ferries suspended their routes and public services were paralyzed Wednesday as angry Greek workers went on strike to protest harsh new spending cuts aimed at saving their country... Read More

Euro zone summit to try to douse debt crisis
Posted on 7 May 2010 by International & Foreign Law Community Staff

BRUSSELS - (APINTL) With shares plummeting from China to the United States on fears that Greece's debt disaster could undermine a global recovery, European leaders gather Friday for another try at calming panicky markets skeptical of their pronouncements... Read More

Greek PM says more cuts needed for survival
Posted on 30 Apr 2010 by International & Foreign Law Community Staff

ATHENS, Greece - (AP) Facing a dire choice of additional pain or bankruptcy, Greece on Friday heralded drastic new cuts and tax increases to win rescue loans from its European partners and the International Monetary Fund and avoid a disastrous default... Read More

Greek debt crisis worsens as EU revises figures
Posted on 22 Apr 2010 by International & Foreign Law Community Staff

ATHENS Greece - (APINTL) Markets pushed Greece closer to an expensive bailout after the EU raised its estimate of the country's budget deficit Thursday and a top agency downgraded Greece's credit rating. The twin moves caused the heavily indebted... Read More