Tag Archives: Greece

13Jul/15

Greece reached euro zone deal

(EBS) – Euro zone leaders clinched a deal with Greece on Monday (July 13) to negotiate a third bailout to keep the near-bankrupt country in the euro zone after a whole night of haggling at an emergency summit.
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13Jul/15

IMF’s Lagarde says agreement found on Greece

IMF Managing Director says on leaving mammoth talks in Brussels that an agreement has been found to move forward with a third Greece bailout deal.

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12Jul/15

Ministers hope for progress as ‘difficult’ Greek debt talks resume

Eurogroup ministers gathering in Brussels hope for progress as “difficult” Greece negotiations resume and the European Union’s president cancels a planned summit of all 28 EU leaders that would have been needed in case of a “Grexit”.
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07Jul/15

Europe stood by and watched as Greek elite plundered country, says Germany’s Gabriel

Germany’s Sigmar Gabriel says the elite in Greece has plundered the country for years while Europe just watched it happen.

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06Jul/15

Greece a flashpoint for Europe?

(Reuters Business Report) – Don Quixote: a Spanish literary hero famous for tilting his lance at imaginary foes – like windmills.

Austerity though – that’s seen as a very real enemy.

Many Spaniards in solidarity with ordinary Greeks.
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05Jul/15

European Parliament President doubts Greek banks will reopen, warns of ‘dramatic’ times ahead

European Parliament President Martin Schulz doubts Greek banks will reopen this week, calls for emergency humanitarian aid for Greece and demands the government make meaningful proposals on its debt to stave off ‘dramatic’ times.

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05Jul/15

Greeks defy Europe with overwhelming referendum ‘No’

(Reuters Business Report) – There was no mistaking the mood in Athens in front of Parliament Sunday night.

Official figures show a whopping 61 percent of Greeks overwhelmingly rejected the terms of an international financial bailout… overturning opinion polls that had predicted an outcome too close to call.
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03Jul/15

Tourist in Greece: “They need us now; they need our money.”

(REUTERS) – All is well on the Greek Island of Naxos as tourists enjoy the clear water as part of their holiday.

As Greece is engulfed in turmoil — facing a stark cash crunch — tourists take in the sun — and offer a helping hand to Greece.
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