Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

WORLD [Derived Headline]

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

WORLD [Derived Headline]

Article excerpt


BRUSSELS - Greece and its European creditors began fresh talks today over the country's request to ease its bailout terms, but expectations for a quick deal are low despite a fast-approaching deadline.

Optimism was curbed by German Finance Minister Wolfgang Schaeuble, who said he's "very skeptical" that a solution can be found at the meeting in Brussels.

"Greece must see that you can't keep living above your means and then keep making proposals for how others should pay even more," Mr. Schaeuble told Deutschlandfunk radio.

Athens wants a substantial easing in the terms of repayment of its $273 billion in rescue loans, which it has received from other countries that use the euro and the International Monetary Fund, as well as less budget austerity.

Greek Prime Minister Alexis Tsipras won elections on Jan. 25 on a vow to end the belt-tightening policies that the country has been demanded to make to reduce public debt - but which have also caused the economy to shrink by a quarter and unemployment to soar above 25 percent.


NEW DELHI - Prime Minister Narendra Modi and Sri Lanka's newly elected president, Maithripala Sirisena, held wide-ranging talks today as the South Asian neighbors sought to strengthen strategic ties, increase trade and resolve longstanding issues between their nations.

This was Mr. Sirisena's first foreign visit as president, and Indian officials said it indicated the easing of tensions that had crept into the relationship as China made forays into what New Delhi considers its strategic backyard.

Mr. Modi said the security and prosperity of the two countries was indivisible and they were committed to unlock the potential of their economic cooperation, citing a nuclear agreement that was reached.

The nuclear agreement would allow India and Sri Lanka to share expertise on the management of radioactive waste, nuclear disaster mitigation and environmental protection, officials said. It would also allow the training of Sri Lankans in the use of radioisotopes, nuclear and radiation safety and nuclear security.


JAKARTA, Indonesia - Eight convicted drug smugglers, including seven foreigners, will be transferred to an Indonesian prison island this week for imminent execution despite international appeals for clemency, an official said today. …

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