Monthly Archives: June, 2015
Hundreds of Greek Police and Fire Dept Vehicles Immobilized Due to Lack of Funds
Hundreds of police cars and fire trucks remain immobilized as there are no funds for their repair or replacement, according to Greek Police and...
'To Potami' Leader Urges Greek PM to Call off Referendum
Greek opposition "To Potami" leader Stavros Theodorakis appealed to Prime Minister Alexis Tsipras on Monday to cancel the July 5 referendum and "stop the destruction."
"We will not...
German FinMin: It's Up to Greece to Avoid Bankruptcy and Grexit
German Finance Minister Wolfgang Schaeuble said on Monday that it is up to Greece to avoid a Grexit and bankruptcy, adding that the country’s...
What Happens When a Country Like Greece Closes Its Banks
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History can shed some light on the Greek drama. Before joining the euro, the Greece's government had previously implemented strict capital controls and transaction limitations.
Greece to Reopen Bank Branches to Cater for Pensioners
The Greek government in collaboration with the Hellenic Bank Association have decided to reopen about 1,000 bank branches on Wednesday that will cater for pensioners...
Tsipras: 'No More Austerity in Greece as Long as I Am Prime Minister'
Greece's Prime Minister Alexis Tsipras gave an interview to Greek public broadcaster ERT in the late hours of Monday, talking about the upcoming referendum set...
Juncker Offers New Last Minute Deal to Greece on Tuesday; Tsipras Says NO
A few hours before debt-ridden Greece's bailout package expires, European Commission President Jean-Claude Juncker made a new and 'final' offer to Greek Prime minister Alexis...
Christos Vasilopoulos Places 3rd in LA Jiu Jitsu Tournament
On June 27th, Christos Vasilopoulos came in 3rd place at the extremely competitive Los Angeles International Jiu Jitsu Open.
The Greek actor, who has worked...
Greek FinMin Varoufakis Says Greece Can Fight Grexit in EU Courts
Greece's Finance Minister Yanis Varoufakis said that Greece won't hesitate to take the legal rout to EU courts if Greece's stay in the Eurozone...
'Restricted Default' for Greek Banks: Fitch Ratings
Fitch Ratings downgraded Greek banks to "restricted default" Monday, a day after the Greek government imposed capital controls that include limits on deposit withdrawals...