Giriig – Qarax Kadhacay Caways Kuyaal Atanis

Laaska News   July  16, 2012

Qarax xooggan ayaa la sheegay inuu ka dhacay kalaab  ama caweyska lagu caweeyo oo kuyaal magaalada Athens Axaddii.

Greece – Explosion at night club in Athens

Laaska News  July  16,   2012

By VOR

A powerful explosion took place in a night club in Athens on Sunday.
The explosion took place at daytime, when the club was closed. It was so powerful that one of the walls collapsed.

Greek PM will miss EU summit

New Greek Prime Minister Antonis Samaras will follow his doctor’s advice and not attend the European Union summit. The summit is scheduled to start on Thursday in Brussels.

Creece:Fresh Greek coalition takes on shape

On Monday, Antonis Samaras, the leader of Greece’s centre-right New Democracy (ND), received a mandate to form a government from President Karolos Papouilias.

GREECE – Pro-austerity party announces victory

With about 70 percent of the votes counted in the parliamentary elections in Greece, the pro-austerity party is winning the vote and the party’s leader has claimed victory.

Election campaigning starts in Greece

Campaigning for next month’s parliamentary elections got underway in Greece on Thursday. Debates are heating up between ruling and opposition candidates over austerity measures implemented by the government.

IMF OKs bailout to Greece

The International Monetary Fund has officially approved a 4-year bailout for Greece worth 28 billion euros, or around 36.6 billion dollars.

IMF spokesman Gerry Rice read a statement on Thursday after the global lender’s executive board meeting. It said the board approved the rescue to support Greece’s ambitious economic reform.

G20 issues joint statement

Group of 20 finance ministers and central bank chiefs say they won’t provide more funds to the IMF unless Europe makes further progress in tackling its debt crisis.

G20 finance ministers end 1st day meeting

G20 finance ministers and central bankers have agreed to discuss strengthening the lending capacity of the International Monetary Fund before their next meeting in April on the condition that Europe takes further action.

Greece faces challenges

Laaska News Feb. 21, 2012

Economists say Greece faces a number of challenges despite the agreement on a second bailout to help the country avoid default.

A short-term issue is whether the country can implement austerity measures.