Greek Bankruptcy
Economy
'Regretfully, We Are Bankrupt'… Again; Debt And Default in Greece
Greece is the birthplace of dialogue, democracy, philosophy, arts and the first radical leftist government in Europe. During the last few years, and due to its deep dive into a financial turmoil, the country has been constantly hosted in numerous international...
Economy
Numerous Greeks Applying for Passports
Several wealthy Greek families in the northern and southern suburbs of Athens started preparing to leave the country, as soon as the capital controls were imposed.
Over the last few days, the passport issuing offices of the Greek police have...
Economy
Greeks Withdrew 1 Billion Euros From Banks On Saturday
Greek Prime Minister Alexis Tsipras' surprise call for a referendum on the outcome of Greece's bailout talks with creditors led anxious Greeks to line up outside banks to withdraw cash from ATMs on Saturday. According to reports, the amount of...
Economy
What Tsipras Had Stated About the Greek Referendum in 2011
Although Greek Prime Minister Alexis Tsipras has already called for a referendum on whether Greece should accept the creditors' demands, the SYRIZA leader had a different opinion about such a tactic back in October 2011.
When Tsipras was asked by Greek journalist Nikos Chatzinikolaou...
Economy
Senior EU Officials Examine Greek Default Scenario For The First Time
As the current talks between the Greek government and institutions are still at a stalemate and uncertainty is diffused across Europe over Greece's ability to meet its end-June debt deadlines, senior European officials decided to extensively discuss a potential Greek bankruptcy for the...
Business
Greek Luxury Auto Market Sales Suffer Instability
Since the Greek government announced that car taxes will change, luxury car sales have been led to a halt as there is no clear indication of how or when this will happen, journalist Alastair Good mentioned in his article published in British newspaper Telegraph.
According to...
Economy
German Govt and Media: Greece Hasn't Sent a Complete Reforms List
Totally clear to what Greece should do to receive the financial aid appeared today German Finance Minister Wolfgang Schaeuble's spokesperson Martin Jaeger. As he said, the Greek side has not yet submitted a complete list of proposals to the...