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Greek issue

German Harvard Lecturer and SPD Member Resigns Due to Greek Issue

A German Political Science lecturer at Harvard University, who has also been a Social Democratic Party (SPD) member since he was 13, has decided to resign. SPD’s Yascha Mounk, became known in Germany due to a letter he sent to SPD chairman...

Greek FinMin Varoufakis: 'Greece Will Not Make IMF Payment'

Greek Finance Minister Yanis Varoufakis stated that Greece will not pay the 1.6-billion-euro installment to IMF, which is due today, Tuesday June 30, while speaking to journalists outside the Finance Ministry. However, the Greek government still hopes to reach a...

German Chancellor: The Ball Is in Greece's Court

According to Reuters, German Chancellor Angela Merkel made a statement during the leadership meeting of her Christian Democrats (CDU) party on Monday, June 29, stating that it was up to Greece to move in the reform standoff with its...

Greek Crisis Featured on Charlie Hebdo Front Page

Charlie Hebdo, the French magazine that became widely known after the jihadist attack in its offices at the beginning of the year and the mayhem that followed, has targeted Greece’s European partners, criticizing the management of the Greek crisis. The magazine’s...

Foreign Media Reports on European Leaders Summit

The prospect of an agreement continues to test SYRIZA’s strength, while talks are being held under stressful conditions. The catalytic role in bridging the gap and reaching an agreement will be played by German Chancellor Angela Merkel and Greek...

Beijing Hopes Greece Will Soon Exit the Crisis

The Chinese Foreign Ministry spokesman Lu Kang noted that he has not been informed on whether his country would provide assistance to Greece, while he expressed the hope that Greece can overcome its debt crisis soon. According to Reuters, Lu...

Foreign Media Reports on Eurogroup 'Shipwreck'

“It is never pleasant to watch a relationship founder. Greece’s Prime Minister, Alexis Tsipras, has charged its creditors with trying to humiliate the country; he has accused the IMF of ‘criminal responsibility’ for Greece’s suffering. Prominent euro-zone politicians are...