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Greece economy: Merkel rules out more debt relief

German Chancellor Angela Merkel has ruled out cancelling any of Greece's debt, saying banks and creditors have already made substantial cuts.
BBC: January 31, 2015

New Greek nationalist defence minister prompts Turkey to scramble jets

Greece's new nationalist defence minister prompted Greece's perennial rival Turkey to scramble jets on Friday, just days after he took office, by flying over uninhabited islets off the Turkish coast that nearly triggered a war in 1996.
Reuters: January 30, 2015

Greece sacks heads of privatisation agency

Greece's new leftwing government has asked the heads of the state privatisation agency to resign after halting state asset sales agreed under the international bailout programme, the agency's chief executive Paschalis Bouchoris said on Friday.
Reuters: January 30, 2015

Euro falls as Greece rejects bailout talks with troika

The euro retreated against other major currencies Friday as struggling Greece refused to meet with its international creditors and rejected fresh loans, and the eurozone showed weaker inflation.
The Business Times: January 30, 2015

Paul Krugman: Europe’s Greek Test

In the five years (!) that have passed since the euro crisis began, clear thinking has been in notably short supply. But that fuzziness must now end.
New York Times: January 30, 2015

Greek gov't rejects cooperation with troika, new bailout extension

Greece's new Left-led government rejected cooperation with troika auditors and would not request a new extension of the bailout program which expires in late February, Greek Finance Minister Yanis Varoufakis told reporters in Athens on Friday.
January 30, 2015

Why Greece went left while Europe turns to right

Why has Greece chosen a far-left government at a time when discontented and frustrated voters elsewhere in Europe have turned to the far right?
Chicago Tribune: January 30, 2015

Capital flees Greece at fastest pace since 2011

If the new prime minister of Greece, Alexis Tsipras, hopes to make a deal with his country's creditors, time is of the essence.
eKathimerini: January 30, 2015

Greece's Varoufakis: 'No debt talks with EU-IMF troika'

Greece's new left-wing finance minister says his government will not negotiate over the Greek bailout conditions with the "troika" team from the EU and IMF.
BBC: January 30, 2015

New Greek government opposes Canadian gold mine

Greece’s new left-wing government will cancel plans to sell the state natural gas utility and is firmly opposed to a Canadian gold mine that is among the biggest foreign investment projects in the country,
Globe and Mail: January 30, 2015