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Grexit

IMF Concerned Over Marinopoulos Supermarket Chain's Problems

International Monetary Fund Spokesman Gerry Rice commented on the gloomy news of Greek supermarket giant chain, Marinopoulos, seeking protection from its creditors under an article of Greece's bankruptcy code. Speaking at the IMF Bi-Weekly press briefing, Rice was asked...

Citi Report: Brexit will Hurdle Growth Potential in Greece

Greece will not return to growth the second half of 2016 and the second bailout review will not be completed until year's end, due to Brexit repercussions, a Citi report says. According to Citi's Global Economic Outlook and Strategy report,...

Black Anniversary: One Year Since the Referendum and Capital Controls

On the morning of June 26, Prime Minister Alexis Tsipras invited his entourage of ministers to the 25th floor of the hotel where the Greek delegation to Brussels was staying. Ahead of the European Council, his ministers - Nikos...

Tsakalotos Says There's No Grexit Fear After Brexit

What the impact of Britain’s vote to leave the European Union this past Thursday will have on the Greek economy will have to be examined carefully, but there’s no issue of a Greek exit from the Union, Finance Minister...

Greeks Called to Sign Petition on a Referendum for Grexit

A new petition on Greece has been launched on Avaaz.org, the global civic organization that promotes activism. The user, Nikolaos, is gathering signatures for the activation of article 44 of the Greek Constitution for a referendum on whether Greece...

Grexit Fears Back on the Table After Brexit

Grexit Back on the Agenda Again as Greek Economy Unravels, as the Guardian Newspaper reports that the European finance ministers from the eurozone will decide on whether the green light will be given on the Greek review following disagreement...

Juncker Points to Huge Differences in Brexit and Grexit Referendums

European Commission President Jean-Claude Juncker outlined the differences between the referendum that took place in Greece last July and the one taking place in Britain. In an interview with German daily, Frankfurter Allgemeine Zeitung, Juncker said that Greece's position...

Greeks Pen Open Letter Supporting a Brexit Invoking WW2, Struggle for National Sovereignty

According to zerohedge.com, the Amesi Dimokratia Pressa in Greece has penned an open letter in support of UK choosing a Brexit and leaving the EU. The group is made up of "political parties and groups, as well as from the cultural...

Bloomberg: Greek FinMin Admits Grexit Still on Table

Greek Finance Minister Euclid Tsakalotos said that Greek bonds will soon be eligible for the European Central Bank's asset-purchase program, in an interview with Bloomberg. He pointed to the benefits of this, including the gradual recovery of investor confidence. Greece...

Yanis Varoufakis Joins Remain Campaign Against Brexit [Video]

Greek former finance minister Yanis Varoufakis, the man who recently admitted that the Radical Left Coalition (SYRIZA) had agreed to threaten its partners with Grexit, is now urging Britain to avoid a Brexit. The maverick economist is backing support...