Greek referendum
Economy
'To Potami' Leader Urges Greek PM to Call off Referendum
Greek opposition "To Potami" leader Stavros Theodorakis appealed to Prime Minister Alexis Tsipras on Monday to cancel the July 5 referendum and "stop the destruction."
"We will not become beggars in the Balkan neighborhood. The 'yes' to Europe will win," Theodorakis said, adding...
Economy
German FinMin: It's Up to Greece to Avoid Bankruptcy and Grexit
German Finance Minister Wolfgang Schaeuble said on Monday that it is up to Greece to avoid a Grexit and bankruptcy, adding that the country’s partners are always willing to return to the negotiating table.
Speaking to “Brennpunkt” talk show on...
Economy
Greece to Reopen Bank Branches to Cater for Pensioners
The Greek government in collaboration with the Hellenic Bank Association have decided to reopen about 1,000 bank branches on Wednesday that will cater for pensioners who do not use or possess debit cards.
Greece's Finance Ministry announced on Tuesday that the branches will...
Economy
Tsipras: 'No More Austerity in Greece as Long as I Am Prime Minister'
Greece's Prime Minister Alexis Tsipras gave an interview to Greek public broadcaster ERT in the late hours of Monday, talking about the upcoming referendum set to be held on July 5.
The referendum will ask Greeks to accept or reject the...
Economy
Economist Krugman: I Would Vote 'No' in Referendum
Through a New York Times blog post published on Sunday evening, the Nobel Prize-winning economist Paul Krugman urges the Greek people to vote "no" in the upcoming referendum regarding their creditors' bailout terms.
In his article, Krugman expresses his personal...
Economy
FT Journalist Spiegel Caught Juncker Lying About Greece
Financial Times journalist Peter Spiegel hastened to comment on the press conference Jean-Claude Juncker gave Monday saying that it is not true what the European Commission President said about pension cuts in Greece.
Through his personal Twitter account, Spiegel accuses Juncker of...
Australia
Greek-Australian Community Preparing for Mass Migration
The Greek-Australian community is preparing for a mass migration from Greece, as the country’s economy is crumbling and people are preparing to vote on the upcoming referendum.
The global markets suffered a heavy blow after Greek Prime Minister Alexis Tsipras...
Greece
Greek Referendum Ballot Revealed
The official Greek referendum ballot was brought to light today, Monday, June 29. The upcoming referendum (July 5) will only require Greek citizens to answer “Yes” or “No” to the government's question.
There has been a lot of talk over...
Economy
European Commission's Juncker Urges Greeks to Vote 'Yes' in Referendum
European Commission President Jean-Claude Juncker criticized the Greek government’s decision to end the bailout talks with the referendum announcement, while he defended the institutions’ reforms proposal.
“I am in favor of a Europe that patiently seeks the common interest rather...
Economy
'Greece Is Pushing for Grexit' According to Foreign Media
Greek banks have closed down, the ATMs have run out of money and the terrified Greek people are forming long lines outside gas stations in order to fill up their tanks. When Greek Prime Minister Alexis Tsipras called for...