Probe in to altered police mug shots in Greece
A probe has been launched to see if suspects were beaten in police custody after photoshopped mug shots showed bruises had been covered.
When Greece’s pain finally ends, what will be left?
Greece will eventually get through this. But there are fears when that happy day eventually arrives, what will be left of civil society?
Next week’s big news may be in the East, not the West
On the day the US discovers their election outcome, the Greek Parliament faces a vote that could decide its fate in the Eurozone.
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Lagarde: Debt deal puts Greece on 'sustainable path'
Key figures have reacted to last night's deal to reduce Greece's debt.
IMF Managing Director Christine Lagarde: "The IMF wanted to make sure the euro partners would take the necessary actions to bring Greece's debt on a sustainable path. I can say today that it has been achieved."
European Central Bank chief Mario Draghi: “I very much welcome the decisions taken by the ministers of finance. The decision will certainly reduce the uncertainty and strengthen confidence in Europe and in Greece.”
Jean-Claude Juncker, head of the eurogroup: “This is the promise of a better future for the Greek people and for the euro area as a whole, a break from the era of missed targets and loose implementation.”
Greek prime minister Antonis Samaras: "Everything went well... All Greeks fought together. A new day begins."
Eurozone's debt agreement with Greece explained
Eurozone finance chief Jean-Claude Juncker said the agreement includes:
- A plan to reduce Greece's debt level to 124% of its GDP by 2020 and below 110% by 2022. The IMF had originally insisted on a debt-to-GDP ratio of 120% by 2020.
- A cut of 100 basis points on the interest rate charged to Greece by other Eurozone member states, excluding those countries also receiving bailouts.
- A 15-year extension of the maturities of loans from other countries and the eurozone's bailout fund - the European Financial Stability Facility - and a deferral of interest payments by Greece on EFSF loans by 10 years.
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Greek PM heralds debt deal as great victory
Greek Prime Minister Antonis Samaras welcomed the Eurozone finance minister's decision to reduce its debt target as a great victory.
"As Greeks, we fought together. And tomorrow a new day begins for all Greeks," Mr Samaras said.
Juncker: Greek aid tranche 'released December 13'
Eurozone finance chief Jean-Claude Juncker said the first disbursement of the Greek bailout loan is set to be released on December 13, the Associated Press reported.
"This is not just about money," Mr Juncker said. "It is the promise of a better future for the Greek people and for the euro area as a whole".
ECB chief: Greek deal will 'reduce uncertainty'
European Central Bank President Mario Draghi said he "very much" welcomed the Eurozone finance minister's decision to reduce the Greek debt target.
Mr Draghi said following the meeting in Brussels that it would "certainly reduce the uncertainty and strengthen confidence in Europe and in Greece".
Eurozone officials reach deal to reduce Greek debt
Eurozone finance ministers and the International Monetary Fund have reached a deal on an urgently needed new debt target for Greece.
After nearly 10 hours of discussion, the officials agreed to reduce Greek debt by €40 billion (£32.4 billion), paving the way towards releasing an urgently needed tranche of bailout loans.
The debt has been cut to 124 percent of gross domestic product by 2020.
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Greek Parliament passes austerity budget
The Greek Parliament has passed the 2013 austerity budget with comfortable majority, according to AP.
European Central Bank 'by and large done' helping Greece
The European Central Bank (ECB) is "by and large done" helping Greece in its bailout because it is not permitted to provide direct aid, according to its president, Mario Draghi.
The ECB has resisted calls to take a 'haircut' on Greek bonds as they say this would be "monetary financing" which it is prohibited from doing.
When Greece’s pain finally ends, what will be left?
Greece will eventually get through this. But there are fears when that happy day eventually arrives, what will be left of civil society?
Read the full storyGreek unemployment reaches record high in August
Greece's unemployment rate scaled a new record of 25.4 percent in August from a revised 24.8 percent in July, the country's statistics service ELSTAT has said.
A crippling, austerity-fuelled recession continued to take its toll on the labour market, putting Greek unemployment at more than double the euro zone average of 11.5 percent in August.
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