Skip to Content
  • WEATHER ALERT: Air quality alert due to forest fires Read more
  • SPECIAL COVERAGE: Saskatchewan wildfires continue to burn Read more

Government pensions and social security

The Latest: Greek Orthodox church leader urges calm

The Latest: Greek Orthodox church leader urges calm amid financial crisis, divisive vote
The Associated Press

ATHENS, Greece - The latest news on Greece's financial woes (all times local):

___

5:10 p.m.

The leader of Greece's powerful Orthodox Church has made an appeal for calm amid concern that public rallies for Sunday's referendum could trigger ugly political divisions among voters.

Archbishop Ieronymos says Wednesday that "we must not let the poison of division touch our hearts ... It would be a crime commit against future generations."

Greece appears to cave to demands, but Europe skeptical

Greece appears to cave to creditors' demands, but Europe says no deal before weekend vote
Elena Becatoros, The Associated Press

ATHENS, Greece - Greece's government appeared to be caving into demands from its creditors on Wednesday, offering concessions in a desperate attempt to get more aid hours after its bailout program expired.

IMF: Greece misses $1.8 billion loan payment

IMF: Greece misses $1.8 billion payment, becomes first advanced economy to default on IMF loan
The Associated Press

ATHENS, Greece - The latest news on Greece's financial woes (all times local):

___

1:21 a.m.

The International Monetary Fund says Greece missed a $1.8 billion debt payment Tuesday, becoming the first developed country to default on a loan to the lending agency.

Greeks hit by closed banks, warnings from eurozone

Ahead of referendum, Greeks hit by closed banks, warnings from eurozone
Derek Gatopoulos And Costas Kantouris, The Associated Press

ATHENS, Greece - Anxious pensioners swarmed closed bank branches Monday and long lines snaked outside ATMs as Greeks endured the first day of serious controls on their daily economic lives ahead of a July 5 referendum that could determine whether the country has to ditch the euro currency and return to the drachma.

The Latest: Hundreds in London rally for unity with Greece

The Latest: Hundreds in London rally for unity with Greece, say debt should be forgiven
The Associated Press

ATHENS, Greece - The latest news on Greece's financial woes as it closes its banks and limits money withdrawals (all times local):

___

11:35 p.m.

Hundreds of people have rallied in London to show solidarity with Greece and argue that the country's debt should be forgiven.

Protesters in Trafalgar Square held up letters spelling "Drop Greece's Debt" and included left-wing lawmakers, trade unionist activists and Greeks worried about the crisis in their homeland.

Japan's PM reshuffles Cabinet to win tax support

Japan's leader reshuffles Cabinet to win opposition support for tax hike proposal
Malcolm Foster, The Associated Press

TOKYO - Japanese Prime Minister Yoshihiko Noda replaced five members of his Cabinet on Friday in a bid to win more co-operation from the opposition to raise the sales tax and rein in the country's bulging fiscal deficit.

Two of the removed ministers had been censured by the opposition for making comments that were deemed inappropriate. Twelve posts were unchanged, including finance and foreign minister.

Syndicate content