AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!Hot on HuffPost:
Controversial Book On Obama Appears To Have Lifted Key Quote
Walker Recall Effort Struggles To Gain Momentum
greece
Greek Deficit Shoots Up; Citigroup Trader Probed for False Speculation
By Anthee Carassava - AOL NewsATHENS, Greece -- This country's 2010 deficit shot up significantly more than anticipated, European Union data revealed today, signaling ailing attempts by the government in Athens to rein in the country's runaway finances and avoid a painful debt makeover. At 10.5 percent of the country's gross domestic product -- well above the 9.4 percent forecast -- the Greek deficit ranked second highest in the European Union last year, according to a statement from Eurostat, the EU's statistics agency. Crisis-hit Ireland topped the list with 32.4 percent, while the U.K. ranked third with 10.4 ...
Greece Proposes Spending Cuts, but Will They Be Enough?
By Anthee Carassava - AOL NewsNEWS ANALYSIS ATHENS -- Greece was heading for bankruptcy last year. It still is today, only now, its chances of fiscal recovery look bleaker, pundits and market analysts predict. The reasons? Half-baked fiscal reforms, shortfalls in revenue and a state debt expected to explode to over 160 percent of its gross domestic product by 2013. This week alone the cost of insuring Greek government debt against default was so worrying that it hit a record on speculation that the Athens government was priming for a debt restructuring plan, the first by a Western state in 60 years. What's more, ...
Will Propping Up Portugal Halt Spread of Insolvency in Europe?
By Anthee Carassava - AOL NewsATHENS, Greece -- Following Greece and Ireland, Portugal, too, has requested a bailout from its European peers. But will Spain, a larger economy with stronger significance to global finance, follow? And more important, has European aid done anything to solve what appears to be a growing solvency problem. In answering at least the latter question, financial gurus like Yanis Varoufakis, a professor of economics at Athens University, are emphatic: No. "From the onset of this crisis," he told AOL News today, "Europe's leading taskmasters have been behaving like compulsive gamblers, sinking more ...
Prosecutor: Greek Olympians Should Be Convicted in Doping Scandal
By Anthee Carassava - AOL NewsATHENS, Greece -- A prosecutor here called today for the conviction of two former Greek sprinters for staging a motorcycle accident and then lying about it to avoid a doping test at the 2004 Summer Olympics. Kostas Kenteris and Katerina Thanou, both medalists at the 2000 games in Sydney, Australia, are accused of fabricating the mishap hours after failing to appear for scheduled drug tests at the Athens Olympic Village in August 2004. The drama that surrounded Greece's premier Olympians cast a pall over the games' opening ceremony. Kenteris, the surprise Olympic gold medalist in the ...
Greece: Gadhafi Seeking Way Out, but Cease-Fire Must Come First
By Anthee Carassava - AOL NewsATHENS, Greece -- After weeks of civil unrest, fighting and a rising death toll, Libyan leader Moammar Gadhafi is making diplomatic overtures, seeking a way out of the crisis. Abdelati Obeidi, Libya's deputy foreign minister and one of Gadhafi's most trusted aides, flew to Athens over the weekend to push that agenda through Greek Prime Minister George Papandreou. It remained unclear, though, what guarantees the Libyan leader was seeking in exchange, such as assurances for his personal safety and commitments that he would not stand trial for waging brutal offensives against civilians. "All ...
Envoy Says Gadhafi Seeking End to Libya Crisis
By not in system - AOL NewsBENGHAZI, Libya - An envoy of Moammar Gadhafi told Greece's prime minister Sunday that the Libyan leader was seeking a way out of his country's crisis two weeks after his government's attacks to put down a rebellion drew international airstrikes, Greek officials said. Abdul-Ati al-Obeidi, a former Libyan prime minister who has served as a Gadhafi envoy during the crisis, will travel next to Turkey and Malta in a sign that Gadhafi's regime may be softening its hard line in the face of the sustained attacks. Related Stories US Extends Airstrike Role in Libya Through ...
Strong Earthquake Strikes Greek Island of Crete
By not in system - AOL NewsATHENS, Greece -- A strong earthquake struck the southern Greek island of Crete Friday, rattling buildings as far away as Egypt and Turkey. Local police said they had no immediate reports of damage or injuries. The quake had a preliminary magnitude of 6.2 and struck off the southern coast of Crete at 4:29 p.m. (1329 GMT, 8:29 EDT), the Athens Geological Institute and the German Research Centre for Geosciences in Potsdam, Germany, said. The U.S. Geological Survey gave a slightly lower preliminary magnitude of 5.9. Magnitudes recorded by geological institutes often differ. Police in Ierapetra, ...
WikiLeaks: US Worried About Safety of Romanian Nuclear Plant
By Anthee Carassava - AOL NewsATHENS, Greece -- As Japan struggles with the crisis at the crippled Fukushima nuclear power plant, leaked U.S. diplomatic cables have focused a spotlight on another potential hot spot: the Cernavoda plant in Romania. Documents provided to Romanian media this week by the anti-secrecy group WikiLeaks indicate that U.S. officials are concerned about Romania's ability to cope with an accident at the facility. The cables, published Monday in the Jurnalul National newspaper, cast doubts on assurances made by the government in Bucharest that the Cernavoda plant has been operating with adequate ...
Protests Spike in Greece as Government Weighs Support of Attack on Libya
By Anthee Carassava - AOL NewsATHENS, Greece -- Demonstrators took to the streets of the capital today to protest international air strikes against military assets of Libyan leader Moammar Gadhafi as Greece weighed its support of the allied offensive. Toting anti-war banners and shouting slogans against the bombing raids, hundreds of leftist protesters -- mainly high school and university students -- gathered in central Athens, setting off on a protest march to the Parliament. Similar protests also took place on the island of Crete, where hundreds marched to the U.S.-controlled Souda Bay naval base, which provides ...
Illegal Immigrants in Greece End Hunger Strike
By Anthee Carassava - AOL NewsATHENS, Greece -- Nearly 300 illegal immigrants have ended a six-week hunger strike after the Greek government, fearing the death of one or more protesters, agreed not to begin deportation proceedings against them. After crisis talks with the strikers tonight, a team of government ministers said the 287 immigrants -- mainly from Tunisia, Morocco and Algeria -- would be allowed to stay in the country for six months for humanitarian reasons. Petros Giannakouris, AP Immigrants celebrate the end of their hunger strike in central Athens on Wednesday. Some 287 immigrants in Greece ended ...
Follow Politics Daily
POPULAR
- Nancy Pelosi Confirms House May Skip Up or Down Vote on Senate Health Bill
- Debrahlee Lorenzana: A Double Take on Those Double D's
- Campbell Brown Quits CNN With Shockingly Frank Farewell
- Palin Earnings Estimated at $12 Million
- The Five Most Racist Obama Cartoons?
- Soraya M., Stoned to Death for Being an "Inconvenient Wife''
- Jimmy Carter Leaves Church Over Treatment of Women
- No posts are available.
News From Our Partners
- Dragon arrives at space station in historic 1st
- Picking new leader, Egyptians search for superman
- Egyptians vote in first free presidential vote
- Moon chips from Vegas casino mogul sent to NASA
- Egyptians vote to rid nation of autocratic rule
- More Stories »
- 'Masters of the Universe' Sure Have Fragile Egos
- Romney: My Mistakes 'Haunt Me'
- Newt Lauds Romney: He's Like Eisenhower
- Irked Senate Panel Votes 30-0 to Cut Pakistan Aid
- GSA Bash Organizer Steps Down
- More Stories »
- Know Your Enemy
- Obama’s Challenge in Egypt
- The Edwards Waiting Game
- Are Doctors Doing Too Much?
- The Pagan Cult of Reagan
- More Stories »
- Ambition Counteracting Ambition
- Robert Blagojevich Speaks Out
- In Iowa, Obama Calls Romney's Words 'A Cow Pie of Distortion'
- In Iowa, Obama Calls On Congress to Act on Clean Energy Tax Credits
- Romney Has Interesting Morning in Inner-City Philly
- More Stories »
Top News
More News
More on Aol
Local News
More Blog/Sites
Sites and Services
HuffPost Politics