Today's front pages

Published on 24 August 2012 at 10:23

"It's reckoning time," writes the daily, as the Greek Prime Minister arrives in Berlin to meet the German Chancellor to try and obtain support for a relaxation of the conditions designed to balance Greek public sector finances.

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Samaras and Merkel’s notepad – Ta Nea

Greek Prime Minister Antonis Samaras will have to summon all his charm ahead of today’s negotiations with the German Chancellor, notes the Berlin daily. "We will make a spectacular comeback," Samaras announced before his visit, stressing the country's economic potential. He repeated his promise to repay aid to the country tied to a postponement on implementation of austerity measures.

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Samaras asks Merkel for a last chance – Die Welt

At their meeting on August 23, the two leaders did not give a decision to the request by the Greek PM for an extension. "Extra time is not a solution," said German Finance Minister Wolfgang Schäuble.

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Merkel and Hollande call on Greece to meet its commitments – Le Figaro

A dozen experts from the Ministry of Finance are working on a scenario allowing for Greece to leave the eurozone, reveals the newspaper. According to Finance Minister Wolfgang Schäuble’s spokesman, the government is preparing for all eventualities, even ones which are "unlikely". Until now Schäuble had not told Chancellor Angela Merkel of the existence of this "Plan B".

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Berlin creates expert group on "Grexit" – Financial Times Deutschland

The Olso tribunal announces its verdict today on the sanity of Anders Breivik, who carried out the bombing in the capital and the slaughter in Utøya on July 22, which left 77 people dead. If he is judged criminally responsible, he will face up to 21 years in prison and may request to be retried after ten years.

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Why Breivik could be released – Dagbladet

The government is preparing a bill that will allow the Spanish central bank to intervene to support banks with solvency problems either by channelling public money to them or by selling them if they are not viable. The proposed law also allows public money to be used to prop up the Deposit Guarantee Fund, which insures savings deposits up to a maximum of €100,000 per account, should banks go bankrupt.

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Public money will add to bank fund protecting savings – El País

Thousands of people accompanied the funeral procession of former Labour Prime Minister Dom Mintoff, who died on August 20, aged 96, as it made its way through his hometown of Cospicua. A leading figure in Maltese politics, he served as PM between 1955-58 and 1971-84. The man, also known as "the architect", will be buried on August 25 after a state funeral at La Vallette.

Mintoff comes home – The Times of Malta

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