Greek referendum
Economy
IMF Chief: Greece Must Reform Before Creditors Restructure Debt
Greece should reform its economy before European creditors restructure its sovereign debt, said International Monetary Fund (IMF) Managing Director Christine Lagarde, a day after the country's default on the Fund.
Lagarde spoke to Reuters and hinted her frustration as she said that...
Economy
Venezuelan President Maduro Expresses Solidarity Toward Greece
Venezuelan President Nicolas Maduro issued a statement expressing solidarity toward the Greek people and Prime Minister Alexis Tsipras after Greece decided to default on the International Monetary Fund (IMF).
"I would like to officially express solidarity toward Prime Minister Tsipras and the...
Economy
Greek Main Opposition Leader: 'The Government Lied and Bankrupted the Country'
Greek main opposition leader Antonis Samaras strongly criticized Greek Prime Minister Alexis Tsipras in a brief televised address on Wednesday, blaming him for closing Greece’s banks.
"He did not have the bravery to admit he is the one who signed...
Economy
Trade Unionists Hang Anti-Austerity Banner On Greek Finance Ministry
While Greece's Prime Minister Alexis Tsipras was negotiating with international creditors for the the country's salvation earlier today, a huge banner that urged Greek citizens to vote "No" in the July 5 referendum on the institutions' proposed bailout deal was hanged on the...
Economy
Tsipras Govt Will Not Resign If Greeks Vote 'Yes' in Referendum – September Elections
Government officials revealed on Wednesday that if Greek citizens vote "Yes" in the July 5 referendum on the international creditors' proposed bailout deal, the Greek government will put its signature without any hesitation.
The Greek officials argued that if the referendum's result...
Economy
Eurozone Will Wait After Referendum to Decide on Greece's ESM Request
The Eurozone’s nineteen Finance Ministers held a teleconference on Wednesday to discuss Greece’s request for a two-year deal with the European Stability Mechanism (ESM) and decided to not take further action on the matter until after Sunday’s referendum.
Eurogroup President Jeroen Disselbloem said...
Greece
Official Document Part of the Referendum Question Mistranslated
Through an article entitled “Key Greek Referendum Debt Document Mistranslated” Bloomberg points out an important mistake that was made in the Greek translation of one of the two documents that Greeks are asked to approve or reject through the...
Economy
Tsipras: NO Does Not Mean Rupture With Europe
After a week of continuous developments in Greece and abroad, Greek Prime Minister Alexis Tsipras addressed the nation on Wednesday, just a few hours before the planned Eurogroup, and spoke in favor of voting NO in Sunday's referendum.
Tsipras confirmed that...
Economy
Council of Europe Finds Greek Referendum Below International Standards
The Council of Europe found that the referendum scheduled to be held on July 5 does “not meet international standards.”
In an interview with the Associated Press, Secretary General Thorbjorn Jagland revealed that the Greek referendum has a number of shortcomings...
Economy
Thousands of Greeks Demonstrate Saying 'Yes' to Europe
Thousands of Greeks protested in front of the Greek Parliament asking to stay in the European Union and the euro. The mayors of Athens and Thessaloniki delivered speeches and demonstrated for Europe.
Despite the early drizzle that developed to a hard rain,...