Greece bailout
Economy
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...
Greece
Greece's Parliament Approves Greek Bailout Proposal; Now It's in Europe's Hands
The Greek parliament approved on Saturday Greek PM Alexis Tsipras' bailout plan to negotiate a deal with Greece's creditors based on the political party leaders’ agreement draft.
The Greek Prime Minister and Finance Chief Euclid Tsakalotos called the parliament to...
Economy
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...
Economy
European Commission Considers Bridge Program for Greece
A bridge program that will cover Greece's financial needs for July has been discussed by European Commission President Jean-Claude Juncker and the president of the socialists in the European Parliament, Gianni Pittella.
The bridge deal will precede the third bailout program...
Economy
The Third Way after NO Vote: How Greece Can End Austerity and Stay in the Eurozone
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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.
Economy
Greek FinMin Varoufakis: Why We Recommend a NO in the Referendum
Greece's Finance Minister Yanis Varoufakis explained why he recommends to the Greek people to vote NO on the upcoming referendum about Greece's deal with its international creditors.
Varoufakis wrote on his blog to explain why he and his government ask...
Economy
Eurozone’s shared identity the final tragedy of the Greek crisis
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By Wesley Widmaier*, Griffith University
Economic policy is not a morality tale. The Greek tragedy is that the Europeans have treated the Greek crisis as a question of national character. In their outrage at the Greeks – in the context of...
Greece
9 Things to Know about Greece’s IMF Debt Default
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By André Broome, University of Warwick
Greece missed the deadline on its €1.6 billion loan repayment due to the IMF June 30, becoming the first advanced economy to default to the fund in its 71-year history.
Here are nine essential things to know...
Economy
Greek Bailout Crowdfunding Campaign Raises Half A Million; Crashes Indiegogo
British shoe shop worker, Thomas Feeney launched a crowdfunding campaign on Monday to bailout Greece that at time of writing had raised more than half a million dollars.
The campaign was started to help Greece pay back its $1.8 billion...
Greece
EFSF Announces End of Greek Bailout Programme; Greece on its Own
The European Financial Stability Facility (EFSF) just released a statement announcing the end of its financial assistance to Greece. After the end of the programme on Tuesday Greece will be on its own, amidst the worst financial crisis the...