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ARTICLES RELATING TO GREECE

Greeks, police clash in May Day protests

Trains and ferries were cancelled and hospital staff walked off the job in Greece as workers marked May Day with a strike against harsh austerity measures.

Greece probes embezzlement

Greece's justice ministry has ordered an audit of subsidies passing through offshore firms suspecting possible fraud, according to a report.

Greek banks to be recapitalised separately

Greece's central bank says the country's main four lenders will be recapitalised separately, a move that put on hold a planned merger between two of them.

EU-IMF experts resume Greek audit

EU-IMF auditors have met with Greece's finance minister to hammer out a report that is required to release a €2.8bn rescue loan that has been delayed since March.

Strike halts train, sea travel in Greece

Tens of thousands of travellers were stranded across Greece as seamen and train conductors called a 24-hour strike to protest austerity measures.

Greek banks get more time to recapitalise

Greece's central bank governor says the country's four largest lenders will be given until the end of May to complete a major recapitalisation programme.

Greek economy shrinks 5.7%

Greece's ailing economy contracted by 5.7% in the fourth quarter of 2012 in an annual comparison, provisional data from the state statistics agency showed.

Sweden directs jobless youth to Greece

Sweden's state-funded employment agency has launched a campaign encouraging unemployed youths to look for summer jobs in crisis-stricken Mediterranean countries.

Eurozone breakup fades - survey

The prospects of a country being forced to leave the 17-state bloc have all but vanished since the middle of last year, a survey shows.
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Fresh fears over Spain deficit

Fresh worries plague Spain's finances as the EU warned of missed deficit targets after giving 11 countries the green light on taxes for financial transactions.

Greece narrows budget deficit to 8%

A minister says Greece has narrowed its budget deficit to 8.1% in 2012, marking a rare improvement over targets pledged to its EU-IMF creditors.

Greek unemployment rate tripples

Greece's jobless rate has climbed to a record 26.8% in October and almost tripled since September 2009 as the country remains sunk in recession.
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Gold firms fall on Greece bond plan

Prices of SA's largest bullion producers plummeted after Greece said it would buy back bonds worth €10bn to check its ballooning debt.

Greece launches bond buyback offer

Greece says it will buy back bonds through a Dutch auction as part of efforts to cut its ballooning debt.

Greece to unveil terms of bond buy-back

Greece will unveil details of a bond buy-back crucial to efforts by foreign lenders to trim the country's ballooning debt.
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