Greek referendum

OXI to NAI. NAI to OXI. OXI to OXI.

With Greece’s doomsday clock ticking closer and closer to midnight, even the reports that Germany’s acerbic Finance Minister Wolfgang Schaeuble has conceded Greek debt must be restructured cannot eclipse how the brave OXI so quickly dissolved into an anemic NAI....

Greece's Parliament Approves Greek Bailout Proposal; Now It's in Europe's Hands

The Greek parliament approved on Saturday Greek PM Alexis Tsipras' bailout plan to negotiate a deal with Greece's creditors based on the political party leaders’ agreement draft. The Greek Prime Minister and Finance Chief Euclid Tsakalotos called the parliament to...

Dignity: Sometimes Be careful What You Wish For

It was Prime Minister Tsipras' wish that the people of Greece vote in his referendum NO, rejecting what he called a humiliating debt deal Europe and the IMF had offered him and the country. His wish was granted. The vast majority...

Greece's Development Minister Lafazanis May Vote Against Proposal

Panagiotis Lafazanis, the leader of SYRIZA's "Left Platform" and Minister of Productive Reconstruction, Energy and Environment said he may not vote in favor of the proposal Greece sent to creditors when it is tabled in parliament. During the SYRIZA Parliamentary...

IMF Warns of Tougher Future Conditions in Greece

The International Monetary Fund (IMF) foresees challenging times ahead for Greece. In the World Economic Outlook Update released on Thursday, the Fund holds optimistic expectations for the Eurozone, but not for Greece. "The economic recovery in the euro area seems broadly on track, with a generally...

European Parliament Members Take Sides on Greek Crisis Debate

While some members of the EU Parliament criticised Greek PM Tsipras' lack of concrete proposals, others praised him while some urged Greece to leave the eurozone.

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...

Want to know how Greeks see the future? Get in the ATM queue and ask them

One of the best places to understand the Greek crisis and what is going on in Greece at the moment is in the queues forming at the ATMs of closed banks.

Euclid Tsakalotos Takes Over Greek Finance Ministry

The Greek Finance Ministry had a change in leadership on Monday after Yanis Varoufakis resigned from his post and Euclid Tsakalotos was officially inaugurated as the new Finance Minister. The two men held a joint press conference in which Varoufakis made...

Cuban Leaders Congratulate Greek PM Tsipras on Referendum Outcome

With international reaction to Sunday's "No" vote in the Greek referendum varying, Prime Minister Alexis Tsipras received unambiguous congratulatory messages from Cuba's authority siblings, Fidel and Raul Castro. Fidel Castro, Cuba's leader from 1959 and 2008, congratulated Tsipras and Greece for their "brave" victory in...