Greece
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Greece Agreement

Let's All Agree In a Plain De(ni)al

    Let's pretend you have some capital to invest and you have chosen to offer your cash to one of your poorer relatives in order to reform their struggling company. A noble investment. Now, would you ever invest in that company if its...

Under Grexit Threat, Greece's Parliament Approves Greek Bailout Deal; More Austerity

With the Greek economy in ruins and the Greek banks still closed, the Greek parliament approved the terms of the latest (3rd) Greek bailout deal offered to Geece by its creditors: the European Central Bank (ECB), the European Commission...

This Is the Bailout Deal Greece and Eurozone Just Agreed: Full Document

Although the new deal averts a Grexit, it includes more austerity measures Greece will have to implement. Eurozone's leaders agreed to save Greece by keeping it in the Eurozone and offer the debt-ridden country a much needed bailout agreement but...

German Chancellor Merkel on Deal: Greece Must Legislate Reforms by Wednesday

Greece has to legislate in parliament the agreement text by Wednesday before it goes to other European parliaments for voting, said German Chancellor Angela Merkel coming out of a marathon summit of Eurozone leaders. "Greece must pass the agreement text...

Greece Gets Bailout Deal at Euro Summit

After more than 16 hours of deliberation, the Eurozone's leaders agreed to save Greece by keeping it in the Eurozone and offer the debt-ridden country a much needed bailout agreement. Speaking on the deal after the Summit, Prime Minister Alexis Tsipras...

This is Greece's Final Bailout Proposal to the Creditors; Full Document of Reforms

The Greek bailout proposal was sent via email to the president of the Eurogroup, Jeroen Dijsselbloem who will forward it to the rest of Greece's creditors. The Greek parliament which also received the draft, has been ordered to prepare an...

Greece Submits Final Bailout Proposal to Creditors; Greek Parliament to Vote Friday

Greek Prime Minister Alexis Tsipras and his government have sent the final proposals to Greece's creditors in what it looks like the last chance for the debt-ridden country to receive a bailout agreement and avoid a financial collapse and...

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...

Greece's Debt Crisis Explained in 20 Charts

  By Thanasis Delistathis* / @tdelistathis Friends often ask me to opine on the Greek debt crisis. They are looking for some insight into what is going on and why the country is at the brink of bankruptcy. I suppose they...