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Eurozone

The Meaning Behind Greece's 'No' Vote in the Referendum

Sunday night was a night of celebration for the majority of Greeks who rushed in the streets waving Greek flags and singing. It was a night of much-needed relief after weeks of painful negotiations, uncertainty and gloom. In the past...

Varoufakis Blogs a 'Big Majestic Yes to Europe' after Big NO Vote in Greek Referendum

Greece's finance minister Yanis Varoufakis says that the Greek NO vote landslide win on the July 5 Greek referendum is actually "a majestic, big YES to a democratic, rational Europe!" After a deadlock in bailout negotiations, Varoufakis and the SYRIZA...

Donald Tusk Calls Euro Summit on Tuesday

The rejection of the creditors' proposed bailout in Sunday's Greek referendum has not only raised questions about the future of Greece but also of the Eurozone. In response to these developments and to German Chancellor Angela Merkel and French President Francois Hollande's call for an...

Greece Votes No: Experts Respond What Happens Next

  The Greek people have voted, saying a resounding No to the terms of the bailout deal offered by their international creditors. What will this mean for Greece, the euro and the future of the EU?  Here's what experts say...

Eurogroup President Dijsselbloem on Greek Referendum Result; Statement

Eurogroup president Jeroen Dijsselbloem said that Greeks will regret the NO result of their referendum that rejected a deal his institution and the rest of Greece's creditors had put on the negotiations table. Here's the full statement: I take note of...

The Third Way after NO Vote: How Greece Can End Austerity and Stay in the Eurozone

After Greece's big fat NO to the latest bailout deal, an economist argues that there is a third way out of the Greek disaster, and towards job creation, prosperity and debt repayment.

PM Tsipras on NO Vote Win: Greece Returns to Negotiations Tomorrow

Greek Prime Minister Alexis Tsipras addressed the nation following the country's unambiguous opposition to the international creditor's' proposed bailout deal, a stance which his administration has fully endorsed. Tsipras labeled the referendum as a victory for the whole of Greece,...

International Reactions to NO Vote Win in Greek Referendum Vary

EU and other officials have offered mixed reactions after a major victory for the NO vote in the Greek referendum, which is at more than 61% , with 70% of the votes counted. The first reactions from the German government show discontent with the outcome. Social...

Varoufakis on Referendum Result: 'Greeks Returned Ultimatum to Creditors'

"The ultimatum has been returned to to the creditors," noted Yanis Varoufakis on Sunday night from Athens after the official results of the Greek Referendum showed that most Greeks say no to a previous take-it-or-leave-it proposal offered to the creditors. "Today's...