Greek Rulers Win Vote of Confidence
Greece's coalition government won a vote of confidence from Parliament as it pledged to jump-start privatization.
Enraged by Privatization Plan, Greece's Left Resists
Calls by Greece's ruling coalition government to speed up the sale of state-owned assets -- including state railway systems, water infrastructure, and power utilities -- compelled Syriza, the left coalition party, to say the move was tantamount to putting a 'for sale sign' on the country and would not be tolerated by the Greek people.
Greek Parties Continue Coalition Talks
Greece's two leading pro-bailout parties were continuing efforts to secure support from a small leftist party to form a broad coalition government that would give them a comfortable majority in parliament.
Head of Greek Privatization Agency Resigns
The head of Greece's privatization agency and a senior finance ministry official resigned Saturday, after they were charged with dereliction of duty during their former tenures as board members of the country's state-owned power company.
Hollande Visits Greece to Show Support for Recovery Efforts
The French president emphasized the importance of foreign investment to bolster Greece and said he would push French companies to participate in bids for Greek privatization projects.