Greece
Economy
Greek PM Tsipras: IMF Report Was Never Presented to Us
With just two days left for one of Greece's most significant and contentious moments, Prime Minister Alexis Tsipras once again urged Greeks to vote "No" on Sunday's referendum and called on them to remain united throughout adversary.
Tsipras gave a...
Economy
European Commission President Warns of 'No' Implication for Greece
European Commission President Jean Claude Juncker warned Greeks that a "No" vote on Sunday's referendum will "dramatically weaken" Greece's position, Reuters reported on Friday.
Juncker did not answer questions on whether a "No" answer would automatically mean the end of negotiations between the Greek...
Economy
Varoufakis: 'Greece Will Have a Deal By Monday'
"This has been a difficult week but it is an investment on a viable solution. The state will be able to pay salaries and pensions because we will have a deal by Monday, one way or another," Greek Finance...
Economy
Referendum Poll: Greeks Equally Divided Between 'Yes' and 'No' Vote
Two days before Sunday's crucial referendum in Greece, and the "Yes" and "No" camps are divided right in the middle, as latest opinion polls show.
So far, "Yes" supporters have a slight edge over those who say "No" in the critical vote...
Economy
Greek Tourism Minister: Tourists Will Not Be Affected by the Crisis
In a Thursday statement, Greece's Alternate Minister for Tourism Elena Kountoura reassured foreign visitors to the country and those planning a holiday in Greece that their experience will not be affected by the economic crisis.
Greece remains "a very beautiful and...
Economy
Greek Alt Min: Tsipras Called for a Referendum Otherwise the Govt Would Have Fallen
Greece's Alternate Minister for International Economic Relations Euclid Tsakalotos told CNN on Thursday that the Greek government decided to hold a referendum otherwise it would have fallen. The Minister repeated the same on Greek television on Friday morning.
Tsakalotos, the head...
Economy
Greek Govt Doesn't Know When Banks Will Reopen
Greek Prime Minister Alexis Tsipras and cabinet members do not know when banks will reopen, despite the fact that the Greek government had announced that banks will open on Tuesday, July 7, after Sunday's referendum.
Speaking on Greek television, Tsipras said that...
Greece
Can Greece Take the EU to Courts to Avoid Getting Booted Out of the Eurozone?
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Can a hypothetical Grexit decision adopted by the EU institutions be legally challenged by Greece in courts?
Economy
Govt Spokesman: IMF Report on Greek Debt Vindicates the Government
The IMF’s debt sustainability report fully vindicates the position of the Greek government, spokesman Gavriil Sakellaridis said on Thursday, following the publication of the Fund’s preliminary report which said Greek debt is not sustainable and needs substantial debt relief.
He...
Economy
Greece's Referendum Campaigns End Friday with Parallel 'Yes' and 'No' Rallies
The two opposing factions of Sunday's referendum hold their rallies at the same time this evening, Friday, July 3, in downtown Athens.
The 'No' camp, supported by the ruling SYRIZA-ANEL coalition and Golden Dawn, is holding a rally at Syntagma Square...