Alexis Tsipras
Economy
Greek Main Opposition Leader: 'The Government Lied and Bankrupted the Country'
Greek main opposition leader Antonis Samaras strongly criticized Greek Prime Minister Alexis Tsipras in a brief televised address on Wednesday, blaming him for closing Greece’s banks.
"He did not have the bravery to admit he is the one who signed...
Economy
Kalo Mena Greece
On the first day of each month, Greeks greet each other with the salutation Kalo Mena, loosely translated as “Have a Good Month.” This first day of July 2015 promises to bring very little good for Greece.
Economy
Eurogroup President Dijsselbloem: 'EU Cannot Offer Further Assistance to Greece Until Referendum Result'
Europe cannot offer further assistance to Greece until the result of a July 5 referendum, Eurogroup President Jeroen Dijsselbloem said in a letter to Greek Prime Minister Alexis Tsipras.
He reiterated that the Eurogroup will make a decision "only after and on the basis...
Economy
Trade Unionists Hang Anti-Austerity Banner On Greek Finance Ministry
While Greece's Prime Minister Alexis Tsipras was negotiating with international creditors for the the country's salvation earlier today, a huge banner that urged Greek citizens to vote "No" in the July 5 referendum on the institutions' proposed bailout deal was hanged on the...
Economy
Eurozone Will Wait After Referendum to Decide on Greece's ESM Request
The Eurozone’s nineteen Finance Ministers held a teleconference on Wednesday to discuss Greece’s request for a two-year deal with the European Stability Mechanism (ESM) and decided to not take further action on the matter until after Sunday’s referendum.
Eurogroup President Jeroen Disselbloem said...
Economy
Tsipras: NO Does Not Mean Rupture With Europe
After a week of continuous developments in Greece and abroad, Greek Prime Minister Alexis Tsipras addressed the nation on Wednesday, just a few hours before the planned Eurogroup, and spoke in favor of voting NO in Sunday's referendum.
Tsipras confirmed that...
Economy
Deal Prospects for Greece Unclear, Yet European Stock Markets Went Up
The last-minute effort of Prime Minister Alexis Tsipras to secure a deal with Greece's creditors has generated hopes that sent European stock markets higher. Yet, it is unclear if Europe is ready to accept the new Greek proposal in...
Economy
Greek Main Opposition Leader Suggests Voting ‘Yes’ in Referendum
As Greece and the Eurozone face a week of political and financial turmoil after Greek Prime Minister Alexis Tsipras' sudden announcement of a July 5 referendum on the creditors' proposed bailout agreement, main opposition New Democracy leader Antonis Samaras urged Greek citizens on...
Economy
Turkish PM: 'We Are Ready to Help Greece'
"We are ready to help Greece survive its economic crisis with cooperation in tourism, energy, trade," Turkish Prime Minister Ahmet Davutoğlu said on Tuesday in Turkey's capital, Ankara, announcing this way his country's willingness to assist neighboring Greece get...
Economy
Greek Government Submits Two Year Proposal to European Stability Mechanism
With the current bailout package expiring at midnight Central European Time, the office of the Prime Minister of Greece announced on Tuesday afternoon that the Greek government has submitted a proposal to the European Stability Mechanism for a two-year deal.
"The Greek government...